Cheap Apartments for Rent in Richfield, MN from $600 (156 Rentals)

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Richlyn
Rent Specials
$869 - $1,088
Total Monthly Price

Total Monthly Price

Base Rent
$799 - $1,018
Required Monthly Fees
$70

Total Monthly Price
$869 - $1,088
Studio Apartments Available Now

Richlyn

6345 Lyndale Ave SRichfield, MN 55423
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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 Contact Us For Availability

Winton House Apartments

7500-7544 Cedar Ave SRichfield, MN 55423
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Fountainhead
Rent Specials
$1,080 - $1,950
Total Monthly Price

Total Monthly Price

Base Rent
$1,080 - $1,950

Total Monthly Price
$1,080 - $1,950
Studio to 3 Bedroom Apartments Available Now

Fountainhead

7611 Knox Ave SRichfield, MN 55423
Outdoors
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Riley
$1,083 - $1,772
Total Monthly Price

Total Monthly Price

Base Rent
$1,083 - $1,772

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

Riley

600 W 64th St WRichfield, MN 55423
55+ Active Adult
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Southdale Parc Apartments
$1,091 - $1,116
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,100
Required Monthly Fees
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Total Monthly Price
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1 Bedroom Apartments Available Now

Southdale Parc Apartments

2720 W 66th StRichfield, MN 55423
Family Friendly
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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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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 Apr 30

Woodlake Park

6304 Dupont Ave SRichfield, MN 55423
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property at 6324 Lyndale Ave S

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

Studio Rentals

Available Now

6324 Lyndale Ave S

RichfieldMN55423
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Concierge
$1,200 - $1,746
Total Monthly Price

Total Monthly Price

Base Rent
$1,170 - $1,716
Required Monthly Fees
$30

Total Monthly Price
$1,200 - $1,746
1 to 2 Bedroom Apartments Available Now

Concierge

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

Total Monthly Price

Base Rent
$1,225 - $1,479
Required Monthly Fees
Varies

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
$1,331 - $3,041
Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $3,035
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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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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Landsby on Penn
Rent Specials
$1,641 - $3,009
Total Monthly Price

Total Monthly Price

Base Rent
$1,626 - $2,994
Required Monthly Fees
$15

Total Monthly Price
$1,641 - $3,009
Studio to 3 Bedroom Apartments Available Now

Landsby on Penn

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

1001/15 East 66th

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
  • Utilities Included
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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
  • Utilities Included

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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7501 Penn
1 Bedroom Apartments

7501 Penn

7501 Penn Ave SRichfield, MN 55423
Senior Living
  • Utilities Included
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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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Lyndale West Apartments
1 to 2 Bedroom Apartments

Lyndale West Apartments

6320 Lyndale Ave SRichfield, MN 55423
  • Utilities Included
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Corinthian Apartments
1 to 2 Bedroom Apartments

Corinthian Apartments

631 E 77th StRichfield, MN 55423
  • Utilities Included

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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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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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
  • Utilities Included
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Oliver Apartments
Studio to 3 Bedroom Apartments

Oliver Apartments

6416 Oliver 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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Oaks Pentagon Village
$783 - $2,552
Total Monthly Price

Total Monthly Price

Base Rent
$777 - $2,546
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jul 1

Oaks Pentagon Village

4911 W 77th StEdina, MN 55435
Corporate Housing
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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.

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 Properties in the Armatage neighborhood priced from $825. Wexford Commons Apartments in the Armatage neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Richfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Diamond Lake PropertiesModel EAStudio,1BA$825
Wexford Commons ApartmentsEfficiencyStudio,1BA$895
RichlynUnit 4 - 50% AMIStudio,1BA$955
Cedar Glen1.1bed1BR,1BA$995
Penn Apartments1BR/1.0BA1BR,1BA$995
2215 W 74th St1 Bed, 1 Bath1BR,1BA$998
Garden Apartments1Bed/Bath1BR,1BA$999
4900 Chicago1 bedroom1BR,1BA$1,025
Lyndale Garden1 Bedroom Large1BR,1BA$1,030
Nicollet CourtStudioStudio,1BA$1,040

Best Value Apartments for Rent in Richfield, MN

As of April 16, 2026 the best value apartment in the Richfield area is the $1.48 price per square foot Daisy Model at Edina Park in the in the East Edina neighborhood starting from $1,930. The second greatest value Richfield apartment is the 2 bed Model at Nicollet Manor starting at $1,495 with a $1.25 price per square foot in the Armatage 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.
Edina ParkDaisy3BR,2BA$1.48
Nicollet Manor2 bed2BR,1BA$1.25
Penn Village TownhomesModel2A2BR,1BA$1.44
Normandy House Apartments2 BR, 2 BA-N. Facing2BR,2BA$1.52
Richland Court ApartmentsThe Lucas2BR,1BA$1.54
City Limits ApartmentsNokomis2BR,1BA$1.54
Nicollet South ApartmentsSenior 1 bedroom1BR,1BA$1.41
4900 Chicago1 bedroom1BR,1BA$1.41
2215 W 74th St1 Bed, 1 Bath1BR,1BA$1.43
Cedar Glen1.1bed1BR,1BA$1.53

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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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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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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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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.

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

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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 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 $995 at Cedar Glen.

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 South Pleasant Apartments.

What is the most affordable Richfield Three Bedroom Apartment?

The best deal on a cheap Richfield Three Bedroom Apartment rental is at Blooming Meadows North and starts from $1,511.

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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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.

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

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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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Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.