
Cheap 1 Bedroom Apartments for Rent in the Southwest Richfield Neighborhood of Richfield, MN from $985 (69 Rentals)


Lyndale Garden

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Southdale Parc Apartments

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Fountainhead

Seasons Park

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Queen Terrace Apartments

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Concierge

Lyndale Plaza Apartments

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Woodlake Park

New Orleans Court Apartments and Townhomes
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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Portland Terrace

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Riley

The Oaks on Pleasant

Lynvue

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Novo

1001/15 East 66th

Pleasant Ave Apartments

JAMAR WEST

JAMAR WEST

6629 Queen
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.

6526 Oliver Apartments

7501 Penn

6600 Chicago Ave S

Penn Apartments

Virginian Apartment

Hub Apartments

Eastfield

Corinthian Apartments

Penn Apartments

Richfield House Apartments
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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.

Richfield Square Apartments

Kensington Park Condos

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7520 Oliver Ave S, Unit 510, Unit 510

Wexford Commons Apartments

Nicollet Manor

7500 11th Ave S

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Diamond Pointe Apartments

ReNew Minnehaha

Nicollet South Apartments

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South Pointe
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Willows On France

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

Colony Apartment Homes

Southgate Apartments

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The Heritage Apartments

4101 Parklawn Ave

7330 York Ave S, Unit Apt 101

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Parklawn Manor

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Parklawn Estates

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City Limits Apartments
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Southwest Richfield, Richfield, MN Local Guide

How much does it cost to rent an apartment in Southwest Richfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Richfield Studio Apartments | $1,399 | $885 | $2,320 |
Southwest Richfield 1 Bedroom Apartments | $1,477 | $985 | $2,736 |
| Southwest Richfield 2 Bedroom Apartments | $1,920 | $1,125 | $10,000+ |
| Southwest Richfield 3 Bedroom Apartments | $2,171 | $1,570 | $3,195 |
Explore Richfield
Southwest Richfield, Richfield, MN Local Guide
- Nearby Richfield neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Best Local Schools in Southwest Richfield, Richfield, MN
Sheridan Hills Elementary
School data provided by Great Schools
Frequently Asked Questions about Cheap Southwest Richfield Apartments
What is a cheap apartment in Southwest Richfield?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Richfield is under $1,120.
What is the price of a cheap apartment in Southwest Richfield?
The cheapest apartment in Southwest Richfield is Penn Apartments which is listed at $995, while the average apartment in Southwest Richfield costs $1,982.
What types of apartments are the cheapest in Southwest 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 144 regular apartments in Southwest 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 Southwest Richfield?
Cheap apartments in Southwest Richfield have an average cost of $456 which is $1,526 cheaper than the average rent for all rentals in Southwest 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.
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Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.