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Rent by ZIP · Hennepin County

Rent in Wayzata, MN 55391

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,960 (+0.5% vs FY2026). Renters in this ZIP code pay a median $1,718 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,430$1,420+0.7%$1,287–1,573–
1 bedroom$1,610$1,600+0.6%$1,449–1,771$1,387 ±$171
2 bedrooms$1,960$1,950+0.5%$1,764–2,156$1,823 ±$143
3 bedrooms$2,560$2,580-0.8%$2,304–2,816$2,933 ±$811
4 bedrooms$2,870$2,890-0.7%$2,583–3,157–

Small Area FMRs for the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area, 2 bedrooms: $1,734.

What renters pay in 55391

Median gross rent$1,718±$185 · all sizes
Renter households1,18318% of occupied homes
No cash rent8households

How rents are spread

Under $1,00012%
$1,000–1,49926%
$1,500–1,99929%
$2,000–2,4991%
$2,500–2,9998%
$3,000–3,4993%
$3,500+23%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
55390Waverly$1,540$733
55389Watkins$1,090$879
55388Watertown$1,540$979
55387Waconia$1,670$1,476
55395Winsted$1,540$839
55386Victoria$2,600$1,273

Fair Market Rents across Hennepin County, MN · All MN counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.