Cheap Apartments for Rent in Richfield, MN from $800 (167 Rentals)

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Richlyn
Rent Specials
$885 - $945
Total Monthly Price

Total Monthly Price

Base Rent
$885 - $945
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Studio Apartments Available Now

Richlyn

6345 Lyndale Ave SRichfield, MN 55423
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Winton House Apartments
$1,040 - $1,375
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,040 - $1,375
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Winton House Apartments

7500-7544 Cedar Ave SRichfield, MN 55423
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Fountainhead
$1,115 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,115 - $2,000
Total Monthly Price
$1,115 - $2,000
Studio to 3 Bedroom Apartments Available Jul 31

Fountainhead

7611 Knox Ave SRichfield, MN 55423
Outdoors
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Woodlake Park
$1,160 - $1,645
Total Monthly Price

Total Monthly Price

Base Rent
$1,160 - $1,645
Total Monthly Price
$1,160 - $1,645
1 to 2 Bedroom Apartments Available Now

Woodlake Park

6304 Dupont Ave SRichfield, MN 55423
Outdoors
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Concierge
$1,175 - $1,558
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,528
Required Monthly Fees
$30
Total Monthly Price
$1,175 - $1,558
1 to 2 Bedroom Apartments Available Now

Concierge

7620 Penn Ave SRichfield, MN 55423
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Portland Terrace
Rent Specials
$1,229 - $1,483
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,479
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Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Portland Terrace

7232 Portland AveRichfield, MN 55423
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Novo
Rent Specials
$1,235 - $2,446
Total Monthly Price

Total Monthly Price

Base Rent
$1,229 - $2,440
Required Monthly Fees
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Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Novo

2400 W 66th StRichfield, MN 55423
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Richfield Square Apartments
Rent Specials
$1,239 - $1,479
Total Monthly Price

Total Monthly Price

Base Rent
$1,235 - $1,475
Required Monthly Fees
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Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Richfield Square Apartments

6237 Pleasant Ave SRichfield, MN 55423
Family Friendly
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Riley
$1,245 - $1,853
Total Monthly Price

Total Monthly Price

Base Rent
$1,245 - $1,853
Total Monthly Price
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Studio to 1 Bedroom Apartments Available Now

Riley

600 W 64th St WRichfield, MN 55423
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Richland Court Apartments
Rent Specials
$1,450 - $1,505
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,395 - $1,450
Required Monthly Fees
$55
Total Monthly Price
$1,450 - $1,505
2 Bedroom Apartments Available Now

Richland Court Apartments

1300-1328 E 78th StRichfield, MN 55423
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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The Oaks on Pleasant
Rent Specials
$1,525 - $1,565
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,525 - $1,565
Total Monthly Price
$1,525 - $1,565
1 to 3 Bedroom Apartments Available Now

The Oaks on Pleasant

6600 Pleasant AveRichfield, MN 55423
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Landsby on Penn
Rent Specials
$1,627 - $3,018
Total Monthly Price

Total Monthly Price

Base Rent
$1,604 - $2,995
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Landsby on Penn

6200 Penn Ave SRichfield, MN 55423
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1001/15 East 66th St.
1 Bedroom Apartments

1001/15 East 66th St.

1001-1015 E 66th StRichfield, MN 55423
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Pleasant Ave Apartments
1 Bedroom Apartments

Pleasant Ave Apartments

6401-6421 Pleasant AveRichfield, MN 55423
Senior Living
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JAMAR WEST
1 to 2 Bedroom Apartments

JAMAR WEST

7428 Lyndale Ave SRichfield, MN 55423
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JAMAR WEST
1 Bedroom Apartments

JAMAR WEST

7412 Oliver Ave SRichfield, MN 55423
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6629 Queen
1 to 2 Bedroom Apartments

6629 Queen

6629 Queen Ave SRichfield, MN 55423
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7600 Cedar Ave S
1 Bedroom Apartments

7600 Cedar Ave S

7600 Cedar Ave SRichfield, MN 55423
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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7501 Penn
1 Bedroom Apartments

7501 Penn

7501 Penn Ave SRichfield, MN 55423
Senior Living
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6600 Chicago Ave S
1 to 2 Bedroom Apartments

6600 Chicago Ave S

6600 Chicago Ave SRichfield, MN 55423
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Virginian Apartment
1 to 2 Bedroom Apartments

Virginian Apartment

7700 12th AveRichfield, MN 55423
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Penn Apartments
1 Bedroom Apartments

Penn Apartments

7515 Penn Ave SRichfield, MN 55423
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Hub Apartments
1 Bedroom Apartments

Hub Apartments

200-212 W 65th StRichfield, MN 55423
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Eastfield
1 Bedroom Apartments

Eastfield

7137 Chicago Ave SRichfield, MN 55423
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Greenbrier Terrace
1 to 2 Bedroom Apartments

Greenbrier Terrace

6445 Queen Ave SRichfield, MN 55423
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Penn Apartments
1 to 2 Bedroom Apartments

Penn Apartments

7420 Penn Ave SRichfield, MN 55423
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Cedar Apartments
Studio to 2 Bedroom Apartments

Cedar Apartments

7244 Cedar Ave SRichfield, MN 55423
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Pleasant Apartments
2 Bedroom Apartments

Pleasant Apartments

6313 Pleasant Ave SRichfield, MN 55423
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6715 Penn Ave S
2 Bedroom Apartments

6715 Penn Ave S

6715 Penn Ave SRichfield, MN 55423
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Lynwood Flats
1 to 2 Bedroom Apartments

Lynwood Flats

800-840 W 65th StRichfield, MN 55423
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Lyndale West
1 to 2 Bedroom Apartments

Lyndale West

6320 Lyndale Ave SRichfield, MN 55423
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Kensington Park Condos
1 Bedroom Apartments

Kensington Park Condos

7610 Lyndale Ave SRichfield, MN 55423
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Oliver Apartments
Studio to 3 Bedroom Apartments

Oliver Apartments

6416 Oliver Ave SRichfield, MN 55423

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Richfield, MN Local Guide

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Cheapest Available Richfield Apartments for Rent

 

The cheapest available apartment rental in Richfield, MN is a Studio unit found at Diamond Lake in the Armatage neighborhood priced from $850. Richlyn in the Armatage neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $885. Here is today’s list of the most affordable Richfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Diamond LakeEast - StudioStudio,1BA$850
RichlynUnit 4 - 50% AMIStudio,1BA$885
Wexford Commons ApartmentsEfficiencyStudio,1BA$895
Cedar Gate1.1 Bed1BR,1BA$975
Sander Drive Apartments1 Bedroom, 1 Bathroom1BR,1BA$995
Garden Apartments1Bed/Bath1BR,1BA$999
Nicollet Court1.1bed1BR,1BA$1,018
7700 Bloomington Ave South1 Bedroom1BR,1BA$1,049
Cedar Commons1-Bed1BR,1BA$1,065
Southdale Parc Apartments1 Bedroom A1BR,1BA$1,091

Best Value Apartments for Rent in Richfield, MN

As of July 16, 2026 the best value apartment in the Richfield area is the $1.13 price per square foot 2.1bed Model at The Arbors in the in the East Bloomington neighborhood starting from $1,350. The second greatest value Richfield apartment is the 3 Bed, 1 Bath Model at 2215 W 74th St starting at $1,570 with a $1.31 price per square foot in the Windom neighborhood. Here is today’s list of the best values for Richfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Arbors2.1bed2BR,1BA$1.13
2215 W 74th St3 Bed, 1 Bath3BR,1BA$1.31
Nicollet Manor2 bed2BR,1BA$1.25
Cedar Gate2.1bed2BR,1BA$1.23
4610 Bryant Ave S2BR/1.0BA2BR,1BA$1.40
Metropolitan Towers1.1+denA1BR,1BA$1.32
Cedar Commons1-Bed1BR,1BA$1.22
Winton House ApartmentsThe Zera2BR,1BA$1.38
Cedar Glen2.1bed2BR,1BA$1.32
Sander Drive Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.32

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Richfield Overview

Richfield is located in Hennepin County, has a population of less than 40,000, and is a Minneapolis-St. Paul suburb. You'll find that Richfield apartments offer a home in an area that's the epicenter of everything that Minnesota has to offer, where both families and single professionals can enjoy a mix of urban and suburban landscapes. Richfield is minutes south of downtown Minneapolis and the famous Mall of America. You'll find many restaurants, parks, and plenty of shopping all close to home.

Why live in Richfield, MN?

If you're looking for apartments in Richfield, you'll find that you're in the epicenter of everything that Minnesota has to offer. Minneapolis and St. Paul are minutes away, transportation is convenient, and there's lots of shopping, dining, and more.

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Richfield, MN

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Richfield, MN Rentals by Map

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Frequently Asked Questions about Cheap Richfield Apartments

What is the Cheapest Studio apartment in Richfield?

Currently the most affordable Cheap Studio Apartment in Richfield is at Diamond Lake listed at $850.

How much is rent for a Cheap One Bedroom Richfield Apartment?

The lowest price for a Cheap One Bedroom Richfield Apartment is $995 at Sander Drive Apartments.

What is the lowest price for a Cheap Two Bedroom Richfield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Richfield is starting from $1,125 at Cedar Glen.

What is the most affordable Richfield Three Bedroom Apartment?

The best deal on a cheap Richfield Three Bedroom Apartment rental is at 2215 W 74th St and starts from $1,570.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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