Wayzata

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Wayzata, MN

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The jewel of Lake Minnetonka bursts with small-town charm

The jewel of Lake Minnetonka bursts with small-town charm

Wayzata, pronounced “why-zet-ta,” is a charming town nestled on the northern shores of Lake Minnetonka. Wayzata’s vibrant downtown area stretches along the waterfront, offering rows of enchanting art galleries, fashion boutiques, diverse restaurants, antique shops, and specialty stores on tree-lined Lake Street. Additional shopping opportunities abound at nearby Colonial Square as well, which serves as another gathering place for the community.

Locals and visitors alike flock to Wayzata for year-round recreational options, from boating in warmer months to ice-skating in colder months. Known as Minnesota’s most popular lake, Lake Minnetonka provides endless potential for water-based activities. Wayzata Beach, the Big Woods Preserve, and Wayzata Country Club are also among the city’s most popular outdoor venues.

The annual Wayzata Chilly Open celebrates the chilly winter season with outdoor events such as Cinema and Skates, Snowkiting, Snowga, a Golf Tournament, and a Chili Cook-off. Other annual events like the Wayzata Art Experience, James J. Hill Days, and Wayzata’s Boo Blast and Boo Bash Dash bring the community together throughout the year.

Although Wayzata exudes a laidback, small-town atmosphere, the bustling metropolis of Minneapolis is just 13 miles away. Wayzata is also convenient to an array of national retailers at Ridgedale Center. Quick access to major highways like I-394 and I-494 makes commuting and traveling from Wayzata simple.

Rent Trends

As of March 2025, the average apartment rent in Wayzata, MN is $1,175 for a studio, $1,437 for one bedroom, $2,108 for two bedrooms, and $2,811 for three bedrooms. Apartment rent in Wayzata has increased by 8.5% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,437/month
793 Sq Ft
House
$4,062/month
2,027 Sq Ft
See Rental Market Trends in Wayzata, MN

Transportation

50

Somewhat Walkable

out of 100 WalkScore® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.

2

Minimal Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

44

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Schools

Deephaven Elementary

Public

Grades K-5

658 Students

8
out of 10

Wayzata West Middle

Public

Grades 6-8

681 Students

8
out of 10

Points of Interest

Parks and Recreation

  • Parkers Lake Park
  • Noerenberg Memorial Gardens
  • Plymouth Creek Park
  • West Medicine Lake Park
  • French Regional Park

Airports

  • Minneapolis-St Paul International/Wold-Chamberlain

Top Apartments in Wayzata

Houses for Rent in Wayzata

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.