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$6501 Bedroom Apartments Available Jul 1
2104-2106 E 58th St, Unit 2106
2104-2106 E 58th StMinneapolis, MN 55417
Cheap Homes for Rent in Richfield, MN from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Richfield.
5430 S 34th Ave
MinneapolisMN55417
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$1,0501 Bedroom Apartments Available Jul 1
8813 18th Ave S, Unit 1
8813 18th Ave SBloomington, MN 55425
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$1,2752 Bedroom Apartments Available Now
8813 18th Ave S, Unit 3
8813 18th Ave SBloomington, MN 55425
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.
5749 33rd Ave S
MinneapolisMN55417
4200 Valley View Rd
MinneapolisMN55424
7320 York Ave S, Unit 207
7320 York Ave S
MinneapolisMN55435
5848 Washburn Ave S
MinneapolisMN55410
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.
8161 33rd Ave S, Unit 904
8161 33rd Ave S
BloomingtonMN55425
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Richfield, MN Local Guide
How much does it cost to rent a home in Richfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richfield 2 Bedroom Homes for Rent | $1,935 | $1,375 | $2,650 |
| Richfield 3 Bedroom Homes for Rent | $2,365 | $1,675 | $2,710 |
| Richfield 4 Bedroom Homes for Rent | $2,905 | $2,395 | $3,295 |
| Richfield 5 Bedroom Homes for Rent | $4,743 | $3,200 | $7,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Richfield
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Richfield, MN Local Guide
- Richfield Neighborhoods
- Nearby Cities
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Cheapest Available Richfield Apartments for Rent and Nearby
The cheapest available apartment rental in Richfield, MN is a Studio unit found at Diamond Lake in the Armatage neighborhood priced from $850. Bossen Park Apartments in the Northrup 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 | East - Studio | Studio,1BA | $850 |
| Bossen Park Apartments | 1-bedroom | 1BR,1BA | $850 |
| Wexford Commons Apartments | Efficiency | Studio,1BA | $895 |
Best Value Apartments for Rent in Richfield, MN and Nearby
As of June 14, 2026 the best value apartment in the Richfield area is the $0.92 price per square foot 1.1+den Model at The Arbors in the in the East Bloomington neighborhood starting from $1,105. The second greatest value Richfield apartment is the 3 Bed, 1 Bath Model at 2215 W 74th St starting at $1,570 with a $1.31 price per square foot in the Windom 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. |
|---|---|---|---|
| The Arbors | 1.1+den | 1BR,1BA | $0.92 |
| 2215 W 74th St | 3 Bed, 1 Bath | 3BR,1BA | $1.31 |
| Nicollet Manor | 2 bed | 2BR,1BA | $1.25 |
| Penn Village Townhomes | Model2A | 2BR,1BA | $1.44 |
| Cedar Gate | 2.1bed | 2BR,1BA | $1.23 |
| Metropolitan Towers | 1.1+denA | 1BR,1BA | $1.32 |
| Nicollet South Apartments | Senior 1 bedroom | 1BR,1BA | $1.35 |
| Cedar Glen | 2.1bed | 2BR,1BA | $1.53 |
| Normandy House Apartments | 1 BR, 1 BA | 1BR,1BA | $1.49 |
| Bossen Park Apartments | 1-bedroom | 1BR,1BA | $1.32 |
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.
Read Article
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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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
Frequently Asked Questions about Richfield
What type of rentals are currently available in Richfield?
There are currently 368 Apartments for Rent in Richfield, MN with pricing that ranges from $650 to $20,457. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richfield ranging from $895 to $7,800.
What is the current price range for Rental Homes in Richfield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Richfield ranges from $895 to $7,800 with an average monthly rent of $2,418.
How much are larger Three and Four Bedroom Rentals in Richfield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Richfield range from $1,570 to $7,445, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,675 to $2,710. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $2,936.
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
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.
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.
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.
Authentic Minneapolis: An Insiders 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.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.