Cheap Apartments for Rent in Richfield, MN from $600 (132 Rentals)

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Fountainhead
Rent Specials
$1,070 - $1,940
Total Monthly Price

Total Monthly Price

Base Rent
$1,070 - $1,940
Total Monthly Price
$1,070 - $1,940
Studio to 3 Bedroom Apartments Available Now

Fountainhead

7611 Knox Ave SRichfield, MN 55423
Outdoors
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Southdale Parc Apartments
$1,090 - $1,115
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,100
Required Monthly Fees
$15
Total Monthly Price
$1,090 - $1,115
1 Bedroom Apartments Available Mar 1

Southdale Parc Apartments

2720 W 66th StRichfield, MN 55423
Student Living
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Riley
$1,099 - $1,726
Total Monthly Price

Total Monthly Price

Base Rent
$1,099 - $1,726
Total Monthly Price
$1,099 - $1,726
Studio to 1 Bedroom Apartments Available Now

Riley

600 W 64th St WRichfield, MN 55423
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Woodlake Park
Rent Specials
$1,145 - $1,655
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,655
Total Monthly Price
$1,145 - $1,655
1 to 2 Bedroom Apartments Available Now

Woodlake Park

6304 Dupont Ave SRichfield, MN 55423
Outdoors
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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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Queen Terrace Apartments
Rent Specials
$1,146
Total Monthly Price

Total Monthly Price

Base Rent
$1,125
Required Monthly Fees
$21
Total Monthly Price
$1,146
1 Bedroom Apartments Available Now

Queen Terrace Apartments

6444 Queen Ave SRichfield, MN 55423
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Portland Terrace
Rent Specials
$1,229 - $1,403
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,399
Required Monthly Fees
$4
Total Monthly Price
$1,229 - $1,403
1 to 2 Bedroom Apartments Available Now

Portland Terrace

7232 Portland 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
  • 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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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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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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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

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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Lyndale West Apartments
1 to 2 Bedroom Apartments

Lyndale West Apartments

6320 Lyndale 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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Lynwood Flats
1 to 2 Bedroom Apartments

Lynwood Flats

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

Corinthian Apartments

631 E 77th StRichfield, 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
2 Bedroom Apartments

6715 Penn

6715 Penn Ave SRichfield, MN 55423

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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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
$921 - $2,565
Total Monthly Price

Total Monthly Price

Base Rent
$916 - $2,560
Required Monthly Fees
$5
Total Monthly Price
$921 - $2,565
Studio to 2 Bedroom Apartments Available Now

Oaks Pentagon Village

4911 W 77th StEdina, MN 55435
Corporate Housing
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property at 5705 Lyndale Ave S

$960

Total Monthly Price

Total Monthly Price

Base Rent
$960
Total Monthly Price
$960

1 Bedroom, 1 Bath Home for Rent

Available Mar 5

5705 Lyndale Ave S

MinneapolisMN55419

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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 Properties in the Armatage neighborhood priced from $825. Bossen Park Apartments in the Northrup neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Richfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Diamond Lake PropertiesModel EAStudio,1BA$825
Bossen Park Apartments1-bedroom1BR,1BA$875
Nicollet Manor1 Bed, 1 bath1BR,1BA$875
Wexford Commons ApartmentsEfficiencyStudio,1BA$895
Penn Apartments1BR/1.0BA1BR,1BA$950
Oaks Pentagon VillageA4 Aff1BR,1BA$970
2215 W 74th St1 Bed, 1 Bath1BR,1BA$999
Nicollet Court1.1bed1BR,1BA$1,018
4900 Chicago1 Bed, 1 bath1BR,1BA$1,025
ConciergeThe Superior1BR,1BA$1,035

Best Value Apartments for Rent in Richfield, MN

As of January 16, 2026 the best value apartment in the Richfield area is the $1.00 price per square foot 1.1+denC Model at Metropolitan Towers in the in the Nicols neighborhood starting from $1,200. The second greatest value Richfield apartment is the 1.1+den Model at The Arbors starting at $1,142 with a $0.95 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.
Metropolitan Towers1.1+denC1BR,1BA$1.00
The Arbors1.1+den1BR,1BA$0.95
Nicollet Manor2 Beds, 1 bath2BR,1BA$0.96
Stanley Terrace Apartments2 Bedroom B2BR,1.5BA$1.34
2021 W 90th St2BR/1.5BA2BR,1.5BA$1.25
Cedar Gate1.1 Bed1BR,1BA$1.19
Winton House ApartmentsThe Zera2BR,1BA$1.31
Nicollet South ApartmentsSenior 1 bedroom1BR,1BA$1.35
4900 Chicago1 Bed, 1 bath1BR,1BA$1.41
Bossen Park Apartments1-bedroom1BR,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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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

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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 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 $875 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 $1,125 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 2215 W 74th St and starts from $1,689.

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

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

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

Written by: Stephanie Lica

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

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!