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$975 - $1,000
Plus Fees
1 Bedroom Apartments Available NowPenn Apartments
7515 Penn Ave SRichfield, MN 55423
Cheap Apartments for Rent in Richfield, MN from $600 (128 Rentals)
Search the lowest-cost Apartments available for rent right now in Richfield.
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$995 - $1,295
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowWinton House Apartments
7500-7544 Cedar Ave SRichfield, MN 55423
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$995 - $1,040
Plus Fees9 Month Lease Term
1 Bedroom Apartments Available Dec 4Lyndale Garden
6301-6325 Lyndale Ave SRichfield, MN 55423
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$1,000 - $1,053
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now2215 W 74th St
2215 W 74th StRichfield, MN 55423
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Rent Specials
$1,070 - $1,940
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,070 - $1,940
Total Monthly Price
$1,070 - $1,940
Fountainhead
7611 Knox Ave SRichfield, MN 55423
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Rent Specials
$1,082 - $1,370
Plus Fees
1 to 2 Bedroom Apartments Available NowConcierge
7620 Penn Ave SRichfield, MN 55423
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Rent Specials
$1,090 - $1,115
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,075 - $1,100
Required Monthly Fees
$15
Total Monthly Price
$1,090 - $1,115
Southdale Parc Apartments
2720 W 66th StRichfield, MN 55423
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$1,120 - $1,455
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1 to 2 Bedroom Apartments Available NowSeasons Park
951 E 77th StRichfield, MN 55423
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$1,145 - $1,655
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,145 - $1,655
Total Monthly Price
$1,145 - $1,655
Woodlake Park
6304 Dupont Ave SRichfield, MN 55423
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Rent Specials
$1,146
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,125
Required Monthly Fees
$21
Total Monthly Price
$1,146
Queen Terrace Apartments
6444 Queen Ave SRichfield, MN 55423
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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Rent Specials
$1,175 - $3,826
Plus Fees
Studio to 3 Bedroom Apartments Available NowRya Apartments
6400 Richfield PkyRichfield, MN 55423
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$1,195 - $1,870
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowNew Orleans Court Apartments and Townhomes
50 W 78th StRichfield, MN 55423
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$1,220
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowSouth Pleasant Apartments
6321-6329 Pleasant Ave SRichfield, MN 55423
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$1,234 - $2,579
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Chamberlain Apartments
6630 Richfield PkyRichfield, MN 55423
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$1,295 - $2,545
Plus Fees
Studio to 2 Bedroom Apartments Available NowLynvue Apartments
6445 Lyndale Ave SRichfield, MN 55423
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$1,315 - $1,595
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,315 - $1,595
Total Monthly Price
$1,315 - $1,595
Riley
600 W 64th St WRichfield, MN 55423
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$1,395 - $1,450
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowRichland Court Apartments
1300-1328 E 78th StRichfield, MN 55423
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$1,403 - $1,483
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2 Bedroom Apartments Available NowTotal Monthly Price
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$1,399 - $1,479
Required Monthly Fees
$4
Total Monthly Price
$1,403 - $1,483
Portland Terrace
7232 Portland AveRichfield, 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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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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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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$825 - $1,175
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowDiamond Lake Properties
100-102 W Diamond Lake RdMinneapolis, MN 55419
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$875 - $925
Plus Fees
1 Bedroom Apartments Available NowBossen Park Apartments
5717 31st Ave SMinneapolis, MN 55417
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Rent Specials
$995 - $1,040
Plus Fees9 Month Lease Term
1 Bedroom Apartments Available NowWexford Commons Apartments
200-218 W 62nd StMinneapolis, MN 55419
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Rent Specials
$1,015 - $1,630
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,015 - $1,630
Total Monthly Price
$1,015 - $1,630
South Pointe
651-691 E American BlvdBloomington, MN 55420
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$1,047
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowGarden Apartments
5700-5712 34th Ave SMinneapolis, MN 55417
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$1,095 - $1,295
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowNicollet South Apartments
8848 Nicollet Ave SBloomington, MN 55420
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.
Richfield, MN Local Guide
Bloomington Education and Visitor Center with the prairie in the foreground by Alainavo is licensed under CC BY 4.0
How much does it cost to rent an apartment in Richfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Richfield Studio Apartments | $1,447 | $825 | $4,511 |
| Cheap Richfield 1 Bedroom Apartments | $1,553 | $875 | $4,026 |
| Cheap Richfield 2 Bedroom Apartments | $2,097 | $1,125 | $5,870 |
| Cheap Richfield 3 Bedroom Apartments | $2,524 | $1,700 | $3,690 |
| Cheap Richfield 4 Bedroom Apartments | $3,499 | $3,499 | $3,499 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Richfield
See all Apartments in RichfieldExplore Richfield
Richfield, MN Local Guide
Written By:
Staff Writer Local Guide Expert
- 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 Diamond Lake Properties in the Armatage neighborhood priced from $825. 1001/15 East 66th St. in the Windom neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Richfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Diamond Lake Properties | Model EA | Studio,1BA | $825 |
| 1001/15 East 66th St. | 1BR/1.0BA | 1BR,1BA | $850 |
| Bossen Park Apartments | 1-bedroom | 1BR,1BA | $875 |
| Penn Apartments | 1BR/1.0BA | 1BR,1BA | $975 |
| Windom Gables | Studio | Studio,1BA | $995 |
| Winton House Apartments | The Dorset | 1BR,1BA | $995 |
| Stanley Court Apartments | 1 bed/1 bath | 1BR,1BA | $999 |
| Xerxes Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1,000 |
| 2215 W 74th St | 1 Bed, 1 Bath | 1BR,1BA | $1,000 |
| 4900 Chicago | 1 Bed, 1 bath | 1BR,1BA | $1,025 |
Best Value Apartments for Rent in Richfield, MN
As of December 01, 2025 the best value apartment in the Richfield area is the $0.88 price per square foot 7207 Heatherton Cir Model at 7207 Heatherton Cir in the in the Armatage neighborhood starting from $2,750. The second greatest value Richfield apartment is the 2 Bedroom Model at Blooming Meadows North starting at $1,690 with a $1.30 price per square foot in the Nicols 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. |
|---|---|---|---|
| 7207 Heatherton Cir | 7207 Heatherton Cir | 3BR,3BA | $0.88 |
| Blooming Meadows North | 2 Bedroom | 2BR,1BA | $1.30 |
| York Plaza | 2 Bedroom | 2BR,2BA | $1.38 |
| Normandy House Apartments | 2 BR, 2 BA-N. Facing | 2BR,2BA | $1.40 |
| Metropolitan Towers | 1.1+denB | 1BR,1BA | $1.30 |
| 2215 W 74th St | 1 Bed, 1 Bath | 1BR,1BA | $1.05 |
| Cedar Gate | 1.1 Bed | 1BR,1BA | $1.28 |
| Nicollet South Apartments | Senior 1 bedroom | 1BR,1BA | $1.29 |
| 4900 Chicago | 1 Bed, 1 bath | 1BR,1BA | $1.41 |
| Bossen Park Apartments | 1-bedroom | 1BR,1BA | $1.36 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleEnjoy 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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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 #17
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
Richfield Public School District
Public School - Grades PK-5 (419)
7 out of 10
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 Diamond Lake Properties listed at $825.
How much is rent for a Cheap One Bedroom Richfield Apartment?
The lowest price for a Cheap One Bedroom Richfield Apartment is $850 at 1001/15 East 66th 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 Winton House Apartments.
What is the most affordable Richfield Three Bedroom Apartment?
The best deal on a cheap Richfield Three Bedroom Apartment rental is at New Orleans Court Apartments and Townhomes and starts from $1,795.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.