Cheap Apartments for Rent in the Northeast Richfield Neighborhood of Richfield, MN from $600 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Northeast Richfield area of Richfield.

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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Cedar Apartments
Studio Apartments

Cedar Apartments

7244 Cedar Ave SRichfield, MN 55423
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Pleasant Ave Apartments
1 Bedroom Apartments

Pleasant Ave Apartments

6401-6421 Pleasant AveRichfield, MN 55423
Senior Living
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JAMAR WEST
1 Bedroom Apartments

JAMAR WEST

7428 Lyndale 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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Virginian Apartment
1 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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Eastfield
1 Bedroom Apartments

Eastfield

7137 Chicago Ave SRichfield, MN 55423
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Lynwood Flats
2 Bedroom Apartments

Lynwood Flats

800-840 W 65th StRichfield, MN 55423
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Pleasant Apartments
2 Bedroom Apartments

Pleasant Apartments

6313 Pleasant Ave SRichfield, MN 55423
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 99 E 54th St

99 E 54th St

MinneapolisMN55419

Navigating 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.

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Diamond Lake Properties
Studio to 2 Bedroom Apartments

Diamond Lake Properties

100-102 W Diamond Lake RdMinneapolis, MN 55419
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InHabit Apartments
Studio to 2 Bedroom Apartments

InHabit Apartments

5924 Pillsbury Ave SMinneapolis, MN 55419
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Northeast Richfield, Richfield, MN Local Guide

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 Portland Terrace priced from $999. Lyndale Garden has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here are the most affordable Northeast Richfield apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Portland TerraceStudioStudio,1BA$999
Lyndale Garden1 Bedroom1BR,1BA$1,025
Lyndale Plaza ApartmentsA1 Section 42 1 Bedroom1BR,1BA$1,030
Winton HouseThe Dorset1BR,1BA$1,045
Diamond Pointe ApartmentsOne Bedroom1BR,1BA$1,050
Karmel Apartments1 BR, 1 BA1BR,1BA$1,095
New Orleans CourtEnglewood1BR,1BA$1,105
WoodhavenA11BR,1BA$1,105
Seasons Park Apartments1 Bedroom, Type B, Income Restrictions1BR,1BA$1,120
Woodlake ParkLynwood1BR,1BA$1,140

Best Value Apartments for Rent in Northeast Richfield, MN

As of June 30, 2025 the best value apartment in the Northeast Richfield area is the $1.27 price per square foot The Lucas Model at Richland Court in the in the East Bloomington neighborhood starting from $1,195. The second greatest value Northeast Richfield apartment is the 2 Bedroom, Type B, Income Restrictions Model at Seasons Park Apartments starting at $1,380 with a $1.60 price per square foot in the Southwest Richfield neighborhood. Here is today’s list of the best values for Northeast Richfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Richland CourtThe Lucas2BR,1BA$1.27
Seasons Park Apartments2 Bedroom, Type B, Income Restrictions2BR,1BA$1.60
City Limits ApartmentsNokomis2BR,1BA$1.63
Richfield Square ApartmentsRenovated 2 Bedroom2BR,1BA$1.58
Wexford Commons Apartments2 Bedroom2BR,1BA$1.63
South PointeStarboard1BR,1BA$1.54
Tiki Apartments1 BR, 1 BA1BR,1BA$1.61
FountainheadMonroe1BR,1BA$1.60
Winton HouseThe Dorset1BR,1BA$1.49
Diamond Pointe ApartmentsOne Bedroom1BR,1BA$1.56

Quick 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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Pet Friendly Lifestyle
Northeast Richfield, Richfield, MN

Ranked #2

Among neighborhoods in Richfield, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Northeast Richfield Neighborhood in Richfield, MN

Walk Score®

68 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

45 / 100

Some Transit

A few nearby public transportation options

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 $1,140.

What is the price of a cheap apartment in Northeast Richfield?

The cheapest apartment in Northeast Richfield is Lyndale Garden which is listed at $1,025, while the average apartment in Northeast Richfield costs $2,496.

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 16 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 $161 which is $2,335 cheaper than the average rent for all rentals in Northeast Richfield.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.