Rent to own Homes in Wayzata, MN

Wayzata, MN is a great place for affordable rent-to-own homes! With a median household income of over $88,431 and a median rent of $1,150, the Wayzata, MN rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Wayzata, MN. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Wayzata, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
6319 W 32ND ST
Rent To Own
Lenox
Single Family Home
Minneapolis, MN 55416
1
1
612 ft2
1926
6337 GIRARD AVE S
Rent To Own
CARAG
Single Family Home
Minneapolis, MN 55423
2
3
1380 ft2
1940
4141 3RD ST NE #106
Rent To Own
 
Townhouse/Condo
Minneapolis, MN 55421
1
1
738 ft2
1986
14620 GARRETT AVE #211
Rent To Own
 
Townhouse/Condo
Saint Paul, MN 55124
1
1
720 ft2
1980
107 WILKIN ST
Rent To Own
West Seventh
Single Family Home
Saint Paul, MN 55102
3
2
1548 ft2
1880
1 of 69 119 BRUSH ST
Rent To Own
 
Single Family Home
Norwood Young America, MN 55368
4
2
2506 ft2
1925
New
1 of 69 205 Barry Ave S
Rent to Own Eligible
 
Townhouse/Condo
Wayzata, MN 55391
2
2
1028 ft2
1970
1 of 26 605 LOCUST HILLS DR
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
4
3
5504 ft2
2007
430 PEAVEY LN
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
5
4
2606 ft2
1984
1 of 25 15621 SHERIDAN SPUR RD
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
4
3
3503 ft2
1979
New
275 Lake St E
Rent to Own Eligible
 
Townhouse/Condo
Wayzata, MN 55391
2
2
2093 ft2
2019
630 INDIAN MOUND ST
Rent to Own Eligible
 
Townhouse/Condo
Wayzata, MN 55391
3
5
5705 ft2
1990
415 INDIAN MOUND ST #103
Rent to Own Eligible
 
Townhouse/Condo
Wayzata, MN 55391
2
2
2024 ft2
2013
34617 COUNTY 12
Rent to Own Eligible
 
Single Family Home
Lanesboro, MN 55949
3
2
1350 ft2
1875
309 BENTON AVE
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
5
2
1707 ft2
1938
New
207 WALKER AVE S
Rent to Own Eligible
 
Townhouse/Condo
Wayzata, MN 55391
3
4
3375 ft2
2021
353 PARK ST E
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
2
2
1680 ft2
1946
New
1 of 100 335 PEAVEY RD
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
5
4
4637 ft2
1974
201 TOWNES LN
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
3
2
1164 ft2
1966
1 of 25 120 RIDGEVIEW DR
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
4
3
5520 ft2
1955
1 of 4 875 Lake St N
Rent to Own Eligible
 
Townhouse/Condo
Wayzata, MN 55391
3
2
2254 ft2
2014
159 BIRCH LN W
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
4
4
4787 ft2
2007
New
2805 CENTER RD
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
4
4
3950 ft2
2019
280 WAKEFIELD RD
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
4
5
4450 ft2
1982
1 of 4 17835 4TH AVE N
Rent to Own Eligible
 
Single Family Home
Minneapolis, MN 55447
4
2
3532 ft2
1963
New
294 GREENHILL LN
Rent to Own Eligible
 
Single Family Home
Long Lake, MN 55356
4
2
1008 ft2
1966
New
17330 6TH AVE N
Rent to Own Eligible
 
Single Family Home
Minneapolis, MN 55447
5
3
2768 ft2
1980
New
3053 LAKE SHORE BLVD
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
4
5
3034 ft2
2014
511 FERNDALE RD N
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
5
5
3510 ft2
1956
1 of 26 16230 8TH AVE N
Rent to Own Eligible
 
Single Family Home
Minneapolis, MN 55447
4
3
3922 ft2
1973
1 of 26 825 QUEENSLAND LN N
Rent to Own Eligible
 
Single Family Home
Minneapolis, MN 55447
3
2
2262 ft2
1961
15620 9TH AVE N
Rent to Own Eligible
 
Single Family Home
Minneapolis, MN 55447
4
2
1975 ft2
1968
New
1 of 91 1280 LYMAN AVE
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
5
4
5688 ft2
2000
1 of 24 17625 11TH AVE N
Rent to Own Eligible
 
Single Family Home
Minneapolis, MN 55447
3
1
1693 ft2
1954
1 of 26 17440 SANCTUARY DR
Rent to Own Eligible
 
Townhouse/Condo
Wayzata, MN 55391
3
2
2672 ft2
2004
1 of 55 720 LANEWOOD LN N
Rent to Own Eligible
 
Single Family Home
Minneapolis, MN 55447
5
4
5455 ft2
1950
16608 MINNETONKA BLVD
Rent to Own Eligible
 
Single Family Home
Minnetonka, MN 55345
2
1
816 ft2
1947
2346 LINNER RD
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
5
4
3449 ft2
2016
1 of 40 3417 THERESE ST
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
3
2
2182 ft2
1951
1 of 4 3420 GROVELAND LN
Rent to Own Eligible
 
Single Family Home
Minnetonka, MN 55345
3
3
3491 ft2
2019
New
3423 LARCHWOOD DR
Rent to Own Eligible
 
Single Family Home
Minnetonka, MN 55345
3
2
1474 ft2
1954
1 of 25 3529 COMET LN
Rent to Own Eligible
 
Single Family Home
Minnetonka, MN 55345
4
3
2428 ft2
1961
18710 HIGHLAND AVE
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
4
2
1510 ft2
1962
2939 OAK LEA DR
Rent to Own Eligible
 
Single Family Home
Wayzata, MN 55391
3
3
2236 ft2
1973
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Buying a Home in Wayzata, MN

Wayzata, MN is seeing rapid growth and Wayzata, MN's' housing market remains not optimal with an average home price that is 174% above the 2024 national average. Wayzata, MN is part of Hennepin county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Hennepin is 1.14% which is above the national average, which is 0.99%.

Median Home Price in Wayzata, MN

Median Rent in Wayzata, MN

Rent to own homes offer low monthly payments and flexible terms.