What percentage of people rent in Wayzata, MN?

Name: Renters and owners in Wayzata, MN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

40.9% (±8.5 points) of the occupied homes in Wayzata, MN are rented (2020–2024 American Community Survey).

That is 845 renting households against 1,219 that own their home.

In Wayzata, the share of households that rent went from 44.7% in 2015–2019 to 40.9% in 2020–2024 (−3.8 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 40.9% (±8.5 points)
Renting households: 845 (±188)
Median renter income: $73,015 (±$24,710)

Who rents and who owns in Wayzata

Tenure, estimate (90% margin of error)
	Wayzata	Hennepin County	Minnesota	United States
Renter-occupied share	40.9% (±8.5 points)	37.3% (±0.4 points)	27.8% (±0.2 points)	34.8%
Renting households	845 (±188)	201,230 (±2,434)	641,268 (±4,528)	45,017,354
Owning households	1,219 (±203)	338,263 (±2,240)	1,666,687 (±7,556)	84,210,142
Average renter household size	1.7 (±0.3)	2.0 (±0.0)	2.0 (±0.0)	2.3
Average owner household size	2.4 (±0.3)	2.5 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$73,015 (±$24,710)	$59,890 (±$1,200)	$51,080 (±$531)	$52,966
Median owner household income	$209,856 (±$44,962)	$130,886 (±$1,463)	$108,214 (±$476)	$100,009

In Wayzata, the renter share is not measurably different from Hennepin County (37.3%).

It is also higher than in Minnesota (27.8%).

It is not measurably different from the national figure (34.8%).

In Hennepin County, Wayzata ranks 8 of 42 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 90 of 2,628.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Wayzata has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	44.7% (±5.0 points)	40.9% (±8.5 points)	−3.8 percentage points	Not a measurable change
Median gross rent	$1,163 (±$103)	$1,782 (±$193)	+53.2%	Up after inflation
Median household income	$86,852 (±$15,460)	$131,614 (±$12,844)	+51.5%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Wayzata

Nearest places with a published estimate, compared with Wayzata
Place	Distance	Households that rent	Compared with this place
Wayzata	—	40.9% (±8.5 points)	—
Woodland	1.4 mi	3.4% (±4.0 points)	Lower
Deephaven	2.7 mi	10.7% (±5.0 points)	Lower
Long Lake	2.7 mi	25.5% (±5.7 points)	Lower
Orono	3.5 mi	9.1% (±3.5 points)	Lower
Minnetonka	4.0 mi	28.4% (±1.8 points)	Lower
Village of Minnetonka Beach	4.0 mi	3.3% (±3.6 points)	Lower
Greenwood	4.3 mi	10.2% (±5.9 points)	Lower
Plymouth	4.5 mi	24.9% (±1.7 points)	Lower

Nearby places with a measurably lower figure: Woodland, MN (3.4%), Deephaven, MN (10.7%), Long Lake, MN (25.5%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Hennepin County, place by place

Rank	Place	Households that rent
2	Hopkins	63.5% (±4.1 points)
3	Osseo	56.0% (±7.4 points)
4	Minneapolis	52.3% (±0.8 points)
5	Excelsior	51.7% (±9.6 points)
6	New Hope	47.4% (±3.3 points)
7	St. Louis Park	42.2% (±1.9 points)
8	Wayzata	40.9% (±8.5 points)
9	St. Anthony (Hennepin County)	40.2% (±4.5 points)
10	Richfield	38.4% (±2.5 points)
11	Maple Plain	37.3% (±8.5 points)
12	Brooklyn Center	36.4% (±3.5 points)
13	Bloomington	34.3% (±1.7 points)
14	Brooklyn Park	29.7% (±2.8 points)

Showing 13 of 42 places in Hennepin County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Wayzata

How many renters are there in Wayzata?

Wayzata has an estimated 845 (±188) renting households, 40.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Wayzata?

In Wayzata, the share of households that rent went from 44.7% in 2015–2019 to 40.9% in 2020–2024 (−3.8 percentage points), not a measurable change.

How big are renting households in Wayzata?

A renting household in Wayzata has 1.7 people on average, against 2.4 in an owned home.

How much do renters earn in Wayzata?

The median renting household in Wayzata, MN has an income of $73,015 (±$24,710) a year, against $209,856 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Wayzata city, Minnesota (place:68818, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.