
Cheap Homes for Rent in the Southeast Richfield Neighborhood of Richfield, MN from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Southeast Richfield area of Richfield.


6336 Nicollet Ave, Unit 1

7311 Aldrich Ave S
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.

7311 Aldrich Ave S

421 W 74th St

8935 Old Cedar Ave S, Unit Old Cedar Ave S #202
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Southeast Richfield, Richfield, MN Local Guide

How much does it cost to rent a home in Southeast Richfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southeast Richfield 2 Bedroom Homes for Rent | $1,867 | $1,695 | $2,250 |
| Southeast Richfield 3 Bedroom Homes for Rent | $2,506 | $2,095 | $3,006 |
| Southeast Richfield 4 Bedroom Homes for Rent | $2,871 | $2,550 | $3,795 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Southeast Richfield Neighborhood of Richfield, MN.
Explore Richfield
Southeast Richfield, Richfield, MN Local Guide
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Cheapest Available Southeast Richfield Apartments for Rent
 The cheapest available apartment rental in the Southeast Richfield area of Minneapolis, MN is a Studio unit found at Richlyn priced from $913. AIRE MSP Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,003. Here are the most affordable Southeast Richfield apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Richlyn | Unit 21 - 50% AMI | Studio,1BA | $913 |
| AIRE MSP Apartments | Piper | Affordable* | Studio,1BA | $1,003 |
| Lyndale Gardens | 1 Bedroom Large | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Southeast Richfield, MN
As of September 07, 2026 the best value apartment in the Southeast Richfield area is the $1.46 price per square foot 3 Bedroom Model at Southview Estates in the in the Southwest Richfield neighborhood starting from $1,978. The second greatest value Southeast Richfield apartment is the 2-Bed Model at Cedar Commons starting at $1,338 with a $1.16 price per square foot in the East Bloomington neighborhood. Here is today’s list of the best values for Southeast Richfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Southview Estates | 3 Bedroom | 3BR,2BA | $1.46 |
| Cedar Commons | 2-Bed | 2BR,1BA | $1.16 |
| Metropolitan Towers | 1.1+denA | 1BR,1BA | $1.32 |
| Cedar Gate | 1.1 Bed | 1BR,1BA | $1.25 |
| Diamond Pointe Apartments | Two Bedroom | 2BR,1BA | $1.57 |
| Seasons Park | 2 Bedroom, Type B, Income Restrictions | 2BR,1BA | $1.61 |
| Nicollet South Apartments | Senior 1 bedroom | 1BR,1BA | $1.41 |
| Cedar Apartments | 2 Bedroom | 2BR,1BA | $1.60 |
| South Pointe | Starboard | 1BR,1BA | $1.65 |
| South Pleasant Apartments | 2BR/1.0BA | 2BR,1BA | $1.56 |
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 LifestyleSoutheast Richfield, Richfield, MN
Ranked #3
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Southeast Richfield, Richfield, MN
Centennial Elementary School
Richfield Senior High School
School data provided by Great Schools
Frequently Asked Questions about Southeast Richfield
What type of rentals are currently available in Southeast Richfield?
There are currently 138 Apartments for Rent in Southeast Richfield, MN with pricing that ranges from $913 to $3,274. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southeast Richfield ranging from $1,200 to $3,795.
What is the current price range for Rental Homes in Southeast Richfield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southeast Richfield ranges from $1,200 to $3,795 with an average monthly rent of $2,325.
How much are larger Three and Four Bedroom Rentals in Southeast Richfield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Southeast Richfield range from $1,300 to $3,274, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,095 to $3,006. Four Bedroom Single-Family rentals are also available starting from $2,550 and Four Bedroom Apartments start at $2,600.
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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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.
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.

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.