What is the rental vacancy rate in Wayzata, MN?

The rental vacancy rate in Wayzata, MN is 0.0% (±2.6 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 4.7% (±7.1 points).

291 (±149) homes, 12.4% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Wayzata, the rental vacancy rate went from 4.8% in 2015–2019 to 0.0% in 2020–2024 (−4.8 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
0.0% (±2.6 points)
Homeowner vacancy rate
4.7% (±7.1 points)
Vacant homes
291 (±149)

Vacancy in Wayzata against Hennepin County, its state and the nation

Estimate (90% margin of error)
WayzataHennepin CountyMinnesotaUnited States
Rental vacancy rate0.0% (±2.6 points)5.9% (±0.5 points)5.3% (±0.3 points)5.5%
Homeowner vacancy rate4.7% (±7.1 points)0.6% (±0.1 points)0.6% (±0.1 points)0.9%
Vacant housing units291 (±149)32,034 (±1,888)237,075 (±4,795)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Wayzata, the rental vacancy rate is lower than in Hennepin County (5.9%).

It is also lower than in Minnesota (5.3%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near Wayzata

Nearest places with a published estimate, compared with Wayzata
PlaceDistanceRental vacancy rateCompared with this place
Wayzata—0.0% (±2.6 points)—
Woodland1.4 mi0.0% (±93.3 points)Not measurably different
Deephaven2.7 mi0.0% (±13.0 points)Not measurably different
Long Lake2.7 mi6.5% (±7.4 points)Not measurably different
Orono3.5 mi0.0% (±7.7 points)Not measurably different
Minnetonka4.0 mi5.6% (±2.6 points)Higher
Village of Minnetonka Beach4.0 mi0.0% (±100.0 points)Not measurably different
Greenwood4.3 mi0.0% (±43.6 points)Not measurably different
Plymouth4.5 mi5.1% (±2.2 points)Higher

Nearby places with a measurably higher figure: Minnetonka, MN (5.6%), Plymouth, MN (5.1%).

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

Rental vacancy rate across Hennepin County, place by place

RankPlaceRental vacancy rate
27 (tie)Medina0.0% (±11.6 points)
27 (tie)Minnetrista0.0% (±28.5 points)
27 (tie)Orono0.0% (±7.7 points)
27 (tie)St. Bonifacius0.0% (±21.5 points)
27 (tie)Tonka Bay0.0% (±18.8 points)
27 (tie)Village of Minnetonka Beach0.0% (±100.0 points)
27 (tie)Wayzata0.0% (±2.6 points)
27 (tie)Woodland0.0% (±93.3 points)

Showing 8 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

Is it hard to find a rental in Wayzata?

The rental vacancy rate in Wayzata, MN is 0.0% (±2.6 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Wayzata tighter than it was?

In Wayzata, the rental vacancy rate went from 4.8% in 2015–2019 to 0.0% in 2020–2024 (−4.8 percentage points), not a measurable change.

How many homes are vacant in Wayzata?

An estimated 291 (±149) housing units, 12.4% of the total, including seasonal homes and homes waiting to be sold or rented.

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) 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_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

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.

Figures last updated on .

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