Cheap Apartments for Rent in Richfield, MN from $850 (179 Rentals)

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Richlyn
$886 - $913
Total Monthly Price

Total Monthly Price

Base Rent
$886 - $913
Total Monthly Price
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Studio Apartments Available Now

Richlyn

6345 Lyndale Ave SRichfield, MN 55423
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property at 7633 Vincent Ave S

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

5 Bedroom, 2 Bath Home for Rent

Available Now

7633 Vincent Ave S

RichfieldMN55423
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Winton House Apartments
$1,040 - $1,295
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,040 - $1,295
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Sep 10

Winton House Apartments

7500-7544 Cedar Ave SRichfield, MN 55423
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Riley
$1,101 - $1,808
Total Monthly Price

Total Monthly Price

Base Rent
$1,101 - $1,808
Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Sep 30

Riley

600 W 64th St WRichfield, 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 Aug 31

Fountainhead

7611 Knox Ave SRichfield, MN 55423
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Seasons Park
Rent Specials
$1,128 - $1,388
Total Monthly Price

Total Monthly Price

Base Rent
$1,120 - $1,380
Required Monthly Fees
$8
Total Monthly Price
$1,128 - $1,388
1 to 2 Bedroom Apartments Available Now

Seasons Park

951 E 77th StRichfield, MN 55423
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Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

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Corinthian Apartments
$1,134
Total Monthly Price

Total Monthly Price

Base Rent
$1,130
Required Monthly Fees
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Total Monthly Price
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1 to 2 Bedroom Apartments Available Oct 1

Corinthian Apartments

631 E 77th StRichfield, MN 55423
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Concierge
$1,154 - $1,424
Total Monthly Price

Total Monthly Price

Base Rent
$1,154 - $1,424
Total Monthly Price
$1,154 - $1,424
1 to 2 Bedroom Apartments Available Now

Concierge

7620 Penn Ave SRichfield, MN 55423
Student Housing
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property at 6324 Lyndale Ave S

$1,175 - $1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,175
Total Monthly Price
$1,175

Studio To 1 Bedroom Rentals

Available Now

6324 Lyndale Ave S

RichfieldMN55423
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Woodlake Park
$1,180 - $1,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,180 - $1,675
Total Monthly Price
$1,180 - $1,675
1 to 2 Bedroom Apartments Available Aug 31

Woodlake Park

6304 Dupont Ave SRichfield, MN 55423
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Richfield Square Apartments
Rent Specials
$1,199 - $1,299
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,295
Required Monthly Fees
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Total Monthly Price
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1 Bedroom Apartments Available Now

Richfield Square Apartments

6237 Pleasant Ave SRichfield, MN 55423
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Portland Terrace
Rent Specials
$1,229
Total Monthly Price

Total Monthly Price

Base Rent
$1,225
Required Monthly Fees
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Total Monthly Price
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1 Bedroom Apartments Available Now

Portland Terrace

7232 Portland AveRichfield, MN 55423
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Novo
$1,300 - $2,588
Total Monthly Price

Total Monthly Price

Base Rent
$1,229 - $2,517
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Novo

2400 W 66th StRichfield, MN 55423
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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 Oct 6

Richland Court Apartments

1300-1328 E 78th StRichfield, MN 55423
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Landsby on Penn
Rent Specials
$1,494 - $2,747
Total Monthly Price

Total Monthly Price

Base Rent
$1,471 - $2,724
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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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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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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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

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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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6600 Chicago Ave S
1 to 2 Bedroom Apartments

6600 Chicago Ave S

6600 Chicago Ave SRichfield, MN 55423
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7501 Penn
1 Bedroom Apartments

7501 Penn

7501 Penn Ave SRichfield, MN 55423
Senior Living
  • Utilities Included
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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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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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Eastfield
1 Bedroom Apartments

Eastfield

7137 Chicago 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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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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Greenbrier Terrace
1 to 2 Bedroom Apartments

Greenbrier Terrace

6445 Queen 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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Richfield, MN Local Guide

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Local Guide Expert

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 $886. Here is today’s list of the most affordable Richfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Diamond LakeEast - StudioStudio,1BA$850
RichlynUnit 2 - 50% AMIStudio,1BA$886
2215 W 74th St1 Bed, 1 Bath1BR,1BA$998
Garden Apartments1Bed/Bath1BR,1BA$999
AIRE MSP ApartmentsPiper | Affordable*Studio,1BA$1,003
Lyndale Gardens1 Bedroom Large1BR,1BA$1,075
South PointeBallastStudio,1BA$1,100
Blooming Meadows SouthStudio, Income Restrictions, NOAHStudio,1BA$1,116
Cedar Glen2.1bed2BR,1BA$1,125

Best Value Apartments for Rent in Richfield, MN

As of August 30, 2026 the best value apartment in the Richfield area is the $1.46 price per square foot 3 Bedroom Model at Southview Estates in the in the Southwest Richfield neighborhood starting from $1,978. The second greatest value Richfield apartment is the 2-Bed Model at Cedar Commons starting at $1,338 with a $1.16 price per square foot in the East Bloomington 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.
Southview Estates3 Bedroom3BR,2BA$1.46
Cedar Commons2-Bed2BR,1BA$1.16
Cedar Gate2.1bed2BR,1BA$1.24
Metropolitan Towers1.1+denA1BR,1BA$1.32
Stanley Court Apartments2 Bedroom B2BR,1BA$1.57
Diamond Pointe ApartmentsTwo Bedroom2BR,1BA$1.57
Nicollet South ApartmentsSenior 1 bedroom1BR,1BA$1.41
Cedar Glen2.1bed2BR,1BA$1.32
South Pleasant Apartments2BR/1.0BA2BR,1BA$1.56
2215 W 74th St1 Bed, 1 Bath1BR,1BA$1.43

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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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.

Best Local Schools in
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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See the most popular apartments and homes in Richfield, MN

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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 $998 at 2215 W 74th St.

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.

Helpful Local Expert Guides

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Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Written by: Stephanie Lica

Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

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

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Rent According to Income: A Look at Income-Restricted Rentals

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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