Median Age
52 Years
Largest Age Group
60-69 Years
Approximately 16% of Residents
Under 20
18%
Over 65
33%
Wayzata, MN Area Guide
Avg Rent
$1,801
Population
4,665
Renter Mix
47% Rent
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.
Explore the City
Boating or relaxing in Wayzata is easy when you can find the time.
The Wayzata Municipal Boat Slips are conveniently located downtown.
Pickleball is an easy way for Wayzata residents to stay active.
Walking paths in downtown Wayzata are used daily by many residents.
The Panoway on Wayzata Bay is an outdoor community gathering space in downtown Wayzata.
Wayzata is set on the north side of Wayzata Bay, which is part of Lake Minnetonka.
Demographics
Median Household Income
$101,675
Average: $148,596
Education
2,380
Residents Have a Degree
Job Market
2,072
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Wayzata has more homeowners than renters.
Renters
47%
Non-Renters
53%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
48%
Other Education
52%
Rent Trends
As of July 2026, the average apartment rent in Wayzata, MN is $1,161 for a studio, $1,801 for one bedroom, $2,956 for two bedrooms, and $5,022 for three bedrooms. Apartment rent in Wayzata has decreased by 0.0% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,801/month
809 Sq Ft
House
$5,361/month
2,890 Sq Ft
Townhome
$2,247/month
1,224 Sq Ft
Learn More About Wayzata
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Wayzata, MN is for everyday living.
Moderately Walkable
Walkability
60
/ 100
Limited Public Transit
Transit
20
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Fairly Bikeable
Bikeability
40
/ 100
Scores provided by
Schools
Public
Grades K-5
681 Students
Public
Grades K-5
658 Students
Public
Grades 6-8
681 Students
Public
Grades 6-8
681 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Parkers Lake Park
- Noerenberg Memorial Gardens
- Plymouth Creek Park
- West Medicine Lake Park
- French Regional Park
Military Bases
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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.