
Cheap Apartments for Rent in the Northeast Richfield Neighborhood of Richfield, MN from $800 (73 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

Seasons Park

South Pleasant Apartments

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Riley

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Woodlake Park

6324 Lyndale Ave S

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New Orleans Court Apartments and Townhomes
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Portland Terrace

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Richfield Square Apartments

The Chamberlain Apartments

Lynvue

Rya Apartments

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Richland Court Apartments

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The Oaks on Pleasant

Lyndale Plaza Apartments

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6909 Nicollet Ave S, Unit MIL apt

Pleasant Ave Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.

1001/15 East 66th St.

JAMAR WEST

7600 Cedar Ave S

6600 Chicago Ave S

Virginian Apartment

Hub Apartments

Eastfield

7700 Bloomington Ave South

Henley (6324-6344 Lyndale)

Richfield House 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.

Cedar Apartments

Pleasant Apartments

Lynwood Flats

Lyndale West

Kensington Park Condos

Henley Townhomes

2104-2106 E 58th St

Diamond Lake

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Bossen Park Apartments

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6737 Pleasant Ave
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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Garden Apartments

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South Pointe

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ReNew Minnehaha

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5544/5301 Chicago Ave S

Nicollet Manor

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AIRE MSP Apartments

Colony Apartment Homes

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The Rosalyn | Affordable Senior 55+ Apartments in Bloomington - NOW OPEN!

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Tiki Apartments

Karmel 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 | $1,267 | $850 | $1,595 |
| Northeast Richfield 1 Bedroom Apartments | $1,523 | $850 | $2,905 |
| Northeast Richfield 2 Bedroom Apartments | $1,850 | $1,125 | $3,320 |
| Northeast Richfield 3 Bedroom Apartments | $2,273 | $1,615 | $3,201 |
| Northeast Richfield 4 Bedroom Apartments | $3,074 | $2,799 | $3,350 |
Browse Apartments in this Neighborhood
There are currently 73 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
- Nearby Cities
- ZIP codes
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- School Districts
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. Richlyn has the second lowest priced unit, which is a Studio apartment currently listed from $885. 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 |
| Richlyn | Unit 4 - 50% AMI | Studio,1BA | $885 |
| Sander Drive Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $995 |
| Garden Apartments | 1Bed/Bath | 1BR,1BA | $999 |
| 7700 Bloomington Ave South | 1 Bedroom | 1BR,1BA | $1,049 |
| Lyndale Gardens | 1 Bedroom Large | 1BR,1BA | $1,065 |
| 5544/5301 Chicago Ave S | 5301 Chicago | 1BR,1BA | $1,085 |
| Nicollet Manor | 1 bedroom | 1BR,1BA | $1,100 |
| AIRE MSP Apartments | Piper | Affordable* | Studio,1BA | $1,108 |
Best Value Apartments for Rent in Northeast Richfield, MN
As of July 25, 2026 the best value apartment in the Northeast Richfield area is the $1.25 price per square foot 2 bed Model at Nicollet Manor in the in the Armatage neighborhood starting from $1,495. The second greatest value Northeast Richfield apartment is the Two Bedroom Model at Diamond Pointe Apartments starting at $1,455 with a $1.62 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. |
|---|---|---|---|
| Nicollet Manor | 2 bed | 2BR,1BA | $1.25 |
| Diamond Pointe Apartments | Two Bedroom | 2BR,1BA | $1.62 |
| Seasons Park | 2 Bedroom, Type B, Income Restrictions | 2BR,1BA | $1.60 |
| Cedar Apartments | 2 Bedroom | 2BR,1BA | $1.62 |
| Sander Drive Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.32 |
| Wexford Commons Apartments | 2 Bedroom | 2BR,1BA | $1.67 |
| ReNew Minnehaha | A2 | 1BR,1BA | $1.68 |
| Tiki Apartments | 1 br | 1BR,1BA | $1.64 |
| South Pleasant Apartments | 2BR/1.0BA | 2BR,1BA | $1.56 |
| 7700 Bloomington Ave South | 1 Bedroom | 1BR,1BA | $1.55 |
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 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 $1,108.
What is the price of a cheap apartment in Northeast Richfield?
The cheapest apartment in Northeast Richfield is Sander Drive Apartments which is listed at $995, while the average apartment in Northeast Richfield costs $3,074.
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 20 regular apartments in Northeast Richfield that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Northeast Richfield?
Cheap apartments in Northeast Richfield have an average cost of $230 which is $2,844 cheaper than the average rent for all rentals in Northeast Richfield.
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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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.