5

Wayzata, MN Townhomes for Rent

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  • /21

    $2,495 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,718 Sq Ft
    • Townhouse for Rent

    304 Pondridge Cir Unit 304, Wayzata, MN 55391

    Welcome home to your Sunny 3BR, 2.5BA townhome in an amazing Wayzata location. Live nestled in a wooded neighborhood next to Gleason Lake & the Luce Line, but with fast access to I394 and Downtown Wayzata. You’ll love the 2-stall garage, full-size washer & dryer, tons of closet and storage space, balcony, and 2 full bathrooms on the same level as the bedrooms. Kitchen features plenty of

    Agent Photo

    Tim Carson

    DRG

    (651) 661-3548

    304 Pondridge Cir Unit 304, Wayzata, MN 55391
  • /16

    $1,895 Plus Fees

    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • Townhouse for Rent

    527 Broadway Ave N, Wayzata, MN 55391

    Property Id: 2573252Charming 2BR Townhome in the Heart of Wayzata — Attached Garage & Central ACLive in one of the Twin Cities' most desirable lakeside communities! This comfortable townhome offers 2 bedrooms, 1 bath, and a fantastic location just moments from beautiful Lake Minnetonka and downtown Wayzata's vibrant shops and restaurants.Features you'll love:Spacious,

    (651) 240-5709

    527 Broadway Ave N, Wayzata, MN 55391
  • /29

    $3,999 Per Month

    • 4 Beds
    • 3 Baths
    • 1,976 Sq Ft
    • Townhouse for Rent

    1042 E Circle Dr, Wayzata, MN 55391

    Well-maintained 4-bedroom, 3-bath home with a 2-car attached garage ideally located in downtown Wayzata. Enjoy a highly walkable location just moments from Lake Minnetonka, the Lakewalk, and Wayzata’s restaurants, shops, and parks. With nearly 2,000 finished square feet, the home offers a comfortable and flexible layout that works well for a variety of living arrangements. The main level features

    Daniel Gustafson Coldwell Banker Realty

    1042 E Circle Dr, Wayzata, MN 55391
  • /32

    $3,595

    Total Monthly Price

    • 2 Beds
    • 3 Baths
    • 1,650 Sq Ft
    • Beautifully Furnished Luxury Townhome – Seasonal Rental in the Heart of Downtown Wayzata, All Uti...

    141 Edgewood Ct, Wayzata, MN 55391

    1 BLOCK from MAIN STREET WAYZATA! -- Fully Furnished SEASONAL townhome rental! Oct 15th, 2026 - April 15th, 2027.MAIN LEVEL: This 2 Bedroom, 2 1/2 Baths with 2 car garage. Large living room/Dining room. Living room with fireplace. Dining room walks out to screen porch, outdoor dining patio overlooking lush, private backyard and window into large kitchen. Kitchen includes: island, dinette

    141 Edgewood Ct, Wayzata, MN 55391
  • /31

    $3,500 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,129 Sq Ft
    • Townhouse for Rent

    17710 Valley Cove Ct, Wayzata, MN 55391

    Jennifer Wolff Coldwell Banker Realty

    17710 Valley Cove Ct, Wayzata, MN 55391

Frequently Asked Questions

How much does it cost to rent a townhouse in Wayzata, MN?
The median rent for a townhouse in Wayzata, MN is $3,500 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Wayzata, MN?
To comfortably afford the median rent in Wayzata, MN, a household needs to earn roughly $194,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $4,860 per month in Wayzata, MN, renters typically need to show $14,580 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Wayzata, MN?
In Wayzata, MN, the price-to-rent ratio is 19.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Townhouse Rental Trends in Wayzata, MN

Rental Home Trends

Number of Townhouses for Rent
5
Median Townhouse Rent
$3,500
Median 2 Bedroom Townhouse Rent
$2,745
Median 3 Bedroom Townhouse Rent
$3,500
How to Rent a Home