Cheap Apartments for Rent in Richfield, MN from $600 (129 Rentals)
Search the lowest-cost Apartments available for rent right now in Richfield.

Portland Terrace

2215 W 74th St

Queen Terrace Apartments

Southdale Parc Apartments

Lyndale Garden

Winton House

Fountainhead

Seasons Park Apartments
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.

6324 Lyndale Ave S

Novo

The Chamberlain Apartments

South Pleasant Apartments

Concierge

Rya Apartments

Richfield Square Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Wexford Commons Apartments

Bossen Park Apartments

Karmel Apartments

7520 Oliver Ave S, Unit 506

South Pointe

Concord Green

5544/5301 Chicago Ave S

Woodhaven
Richfield, MN Local Guide

How much does it cost to rent an apartment in Richfield?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Richfield Studio Apartments | $1,529 | $875 | $3,875 |
Cheap Richfield 1 Bedroom Apartments | $1,774 | $895 | $5,013 |
Cheap Richfield 2 Bedroom Apartments | $2,339 | $1,145 | $10,000+ |
Cheap Richfield 3 Bedroom Apartments | $2,742 | $1,450 | $6,356 |
Cheap Richfield 4 Bedroom Apartments | $2,767 | $2,495 | $2,899 |
Browse Top Apartments in Richfield
See all Apartments in RichfieldExplore Richfield
Richfield, MN Local Guide

- Richfield Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Richfield Apartments for Rent
 The cheapest available apartment rental in Richfield, MN is a Studio unit found at Karmel Apartments in the Armatage neighborhood priced from $895. Bossen Park Apartments in the Northrup neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Richfield apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Karmel Apartments | Studio | Studio,1BA | $895 |
Bossen Park Apartments | 1-bedroom | 1BR,1BA | $895 |
Penn Apartments | 1BR/1.0BA | 1BR,1BA | $995 |
Portland Terrace | Studio | Studio,1BA | $999 |
2215 W 74th St | 1 Bed, 1 Bath | 1BR,1BA | $1,000 |
Southdale Parc Apartments | 1 Bedroom A | 1BR,1BA | $1,025 |
Lyndale Garden | 1 Bedroom | 1BR,1BA | $1,025 |
Nicollet Court | Studio | Studio,1BA | $1,040 |
Concord Green | One Bedroom | 1BR,1BA | $1,045 |
Blooming Meadows South | Studio, Income Restrictions, NOAH | Studio,1BA | $1,098 |
Best Value Apartments for Rent in Richfield, MN
As of June 14, 2025 the best value apartment in the Richfield area is the $1.30 price per square foot 2 Bedroom Model at Blooming Meadows North in the in the Nicols neighborhood starting from $1,690. The second greatest value Richfield apartment is the Royal Model at New Orleans Court starting at $1,715 with a $1.32 price per square foot in the Southwest Richfield neighborhood. Here is today’s list of the best values for Richfield apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Blooming Meadows North | 2 Bedroom | 2BR,1BA | $1.30 |
New Orleans Court | Royal | 3BR,1.5BA | $1.32 |
The Arbors | 1.1+den | 1BR,1BA | $1.13 |
Colonial Estates Townhomes | 3 Beds, 2 baths | 3BR,2BA | $1.36 |
4610 Bryant Ave S | 2BR/1.0BA | 2BR,1BA | $1.32 |
Metropolitan Towers | 1.1+denB | 1BR,1BA | $1.30 |
2215 W 74th St | 1 Bed, 1 Bath | 1BR,1BA | $1.05 |
Richland Court | The Lucas | 2BR,1BA | $1.26 |
Xerxes Manor Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.33 |
Cedar Gate | 1.1 Bed | 1BR,1BA | $1.27 |
Quick Rent Budget Calculator
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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.
Pet Friendly LifestyleRichfield, MN
Ranked #16
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Richfield, MN
Sheridan Hills Elementary
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Richfield, MN Rentals by Map
See the most popular apartments and homes in Richfield, MN
Getting Around Richfield, MN
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
68 / 100
Bikeable
Some bike infrastructure
Transit Score®
45 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Karmel Apartments listed at $895.
How much is rent for a Cheap One Bedroom Richfield Apartment?
The lowest price for a Cheap One Bedroom Richfield Apartment is $895 at Bossen Park 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 $1,185 at Richland Court.
What is the most affordable Richfield Three Bedroom Apartment?
The best deal on a cheap Richfield Three Bedroom Apartment rental is at Colonial Estates Townhomes and starts from $1,500.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.