
Cheap Apartments for Rent in the Northeast Richfield Neighborhood of Richfield, MN from $850 (74 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northeast Richfield area of Richfield.


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Winton House Apartments

Lyndale Gardens

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Fountainhead

South Pleasant Apartments

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Seasons Park

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Riley

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Corinthian Apartments

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Woodlake Park

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Richfield Square Apartments
Rent According to Income: A Look at Income-Restricted Rentals
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New Orleans Court Apartments and Townhomes

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Portland Terrace

Lynvue

The Chamberlain Apartments

Rya Apartments

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Richland Court Apartments

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The Oaks on Pleasant

Lyndale Plaza Apartments

7311 Aldrich Ave S

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6909 Nicollet Ave S, Unit MIL apt
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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Pleasant Ave Apartments

1001/15 East 66th St.

JAMAR WEST

7600 Cedar Ave S

6600 Chicago Ave S

Virginian Apartment

Hub Apartments

Eastfield

Richfield House Apartments

Cedar Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

7700 Bloomington Ave South

Pleasant Apartments

Henley (6324-6344 Lyndale)

Lynwood Flats

Lyndale West

Kensington Park Condos

Henley Townhomes

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Bossen Park Apartments

Diamond Lake

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Garden Apartments
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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AIRE MSP Apartments

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South Pointe

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5544/5301 Chicago Ave S

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ReNew Minnehaha

Colony Apartment Homes

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Tiki Apartments

Karmel Apartments

6615 Lake Shore Dr S

Southgate Apartments

City Limits Apartments
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.
Northeast Richfield, Richfield, MN Local Guide

How much does it cost to rent an apartment in Northeast Richfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northeast Richfield Studio Apartments | $1,327 | $850 | $1,803 |
| Northeast Richfield 1 Bedroom Apartments | $1,510 | $850 | $2,905 |
| Northeast Richfield 2 Bedroom Apartments | $1,860 | $1,125 | $3,265 |
| Northeast Richfield 3 Bedroom Apartments | $2,340 | $1,615 | $3,274 |
| Northeast Richfield 4 Bedroom Apartments | $2,600 | $2,600 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 74 rentals with your search options within a 2 mile radius of the Northeast Richfield Neighborhood of Richfield, MN.
See all Apartments in RichfieldExplore Richfield
Northeast Richfield, Richfield, MN Local Guide
- Nearby Richfield neighborhoods
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Cheapest Available Northeast Richfield Apartments for Rent
 The cheapest available apartment rental in the Northeast Richfield area of Minneapolis, MN is a Studio unit found at Diamond Lake priced from $850. Bossen Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Northeast Richfield apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Diamond Lake | East - Studio | Studio,1BA | $850 |
| Bossen Park Apartments | 1-bedroom | 1BR,1BA | $850 |
| Richlyn | Unit 21 - 50% AMI | Studio,1BA | $913 |
| Garden Apartments | 1Bed/Bath | 1BR,1BA | $999 |
| AIRE MSP Apartments | Piper | Affordable* | Studio,1BA | $1,003 |
| Lyndale Gardens | 1 Bedroom Large | 1BR,1BA | $1,075 |
| South Pleasant Apartments | 2BR/1.0BA | 2BR,1BA | $1,125 |
| Seasons Park | 1 Bedroom, Type B, Income Restrictions | 1BR,1BA | $1,128 |
| ReNew Minnehaha | A2 | 1BR,1BA | $1,149 |
| Fountainhead | Monroe | 1BR,1BA | $1,160 |
Best Value Apartments for Rent in Northeast Richfield, MN
As of September 08, 2026 the best value apartment in the Northeast Richfield area is the $1.71 price per square foot Violet Model at The Rosalyn | Affordable Senior 55+ Apartments in Bloomington - NOW OPEN! in the in the Southwest Richfield neighborhood starting from $1,717. The second greatest value Northeast Richfield apartment is the Two Bedroom Model at Diamond Pointe Apartments starting at $1,410 with a $1.57 price per square foot in the Armatage neighborhood. Here is today’s list of the best values for Northeast Richfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Rosalyn | Affordable Senior 55+ Apartments in Bloomington - NOW OPEN! | Violet | 2BR,1BA | $1.71 |
| Diamond Pointe Apartments | Two Bedroom | 2BR,1BA | $1.57 |
| Tiki Apartments | 2BR, 1BA | 2BR,1BA | $1.70 |
| City Limits Apartments | Nokomis | 2BR,1BA | $1.66 |
| Cedar Apartments | 2 Bedroom | 2BR,1BA | $1.60 |
| South Pointe | Starboard | 1BR,1BA | $1.65 |
| Seasons Park | 1 Bedroom, Type B, Income Restrictions | 1BR,1BA | $1.51 |
| South Pleasant Apartments | 2BR/1.0BA | 2BR,1BA | $1.56 |
| Bossen Park Apartments | 1-bedroom | 1BR,1BA | $1.32 |
| Garden Apartments | 1Bed/Bath | 1BR,1BA | $1.71 |
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 ArticleNavigating 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.
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.
Pet Friendly LifestyleNortheast Richfield, Richfield, MN
Ranked #2
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Northeast Richfield Apartments
What is a cheap apartment in Northeast Richfield?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Northeast Richfield is under $1,160.
What is the price of a cheap apartment in Northeast Richfield?
The cheapest apartment in Northeast Richfield is Bossen Park Apartments which is listed at $850, while the average apartment in Northeast Richfield costs $1,488.
What types of apartments are the cheapest in Northeast Richfield?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Northeast Richfield that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.