
Cheap Apartments for Rent in the Southwest Richfield Neighborhood of Richfield, MN from $800 (101 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southwest Richfield area of Richfield.


2215 W 74th St

Lyndale Garden

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Fountainhead

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Riley

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Southdale Parc Apartments

Seasons Park

South Pleasant Apartments

Lyndale Plaza Apartments

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Queen Terrace 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.

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Woodlake Park

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Concierge

6324 Lyndale Ave S

New Orleans Court Apartments and Townhomes

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Portland Terrace

Novo

Lynvue

The Oaks on Pleasant

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Landsby on Penn

1001/15 East 66th
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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.

Pleasant Ave Apartments

JAMAR WEST

JAMAR WEST

6629 Queen

Penn Apartments

6526 Oliver Apartments

7501 Penn

6600 Chicago Ave S

Virginian Apartment

Hub Apartments
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.

Eastfield

Lyndale West Apartments

Richfield Square Apartments

Penn Apartments

Henley Apartments

Lynwood Flats

Richfield House Apartments

Corinthian Apartments

Pleasant Apartments

6715 Penn Ave S
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Kensington Park Condos

Oliver Apartments

Wexford Commons Apartments

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South Pointe

Nicollet Manor

7500 11th Ave S

8601 Nicollet Ave

Nicollet South Apartments

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Diamond Pointe Apartments

York Place Apartments Edina
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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 | $1,377 | $869 | $2,202 |
| Southwest Richfield 1 Bedroom Apartments | $1,457 | $998 | $2,591 |
| Southwest Richfield 2 Bedroom Apartments | $1,868 | $1,125 | $10,000+ |
| Southwest Richfield 3 Bedroom Apartments | $2,406 | $1,570 | $3,910 |
| Southwest Richfield 4 Bedroom Apartments | $3,399 | $3,399 | $3,399 |
Browse Apartments in this Neighborhood
There are currently 101 rentals with your search options within a 2 mile radius of the Southwest Richfield Neighborhood of Richfield, MN.
See all Apartments in RichfieldExplore Richfield
Southwest Richfield, Richfield, MN Local Guide
- Nearby Richfield neighborhoods
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Cheapest Available Southwest Richfield Apartments for Rent
 The cheapest available apartment rental in the Southwest Richfield area of Minneapolis, MN is a Studio unit found at Richlyn priced from $869. 2215 W 74th St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $998. Here are the most affordable Southwest Richfield apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Richlyn | Studio - 50% AMI | Studio,1BA | $869 |
| 2215 W 74th St | 1 Bed, 1 Bath | 1BR,1BA | $998 |
| Nicollet Court | Studio | Studio,1BA | $1,040 |
| Lyndale Garden | 1 Bedroom Large | 1BR,1BA | $1,050 |
| South Pointe | Ballast | Studio,1BA | $1,070 |
| Riley | Lyndale | Studio,1BA | $1,083 |
| Southdale Parc Apartments | 1 Bedroom A | 1BR,1BA | $1,091 |
| Nicollet Manor | 1 bedroom | 1BR,1BA | $1,100 |
| Fountainhead | Monroe | 1BR,1BA | $1,120 |
| Seasons Park | 1 Bedroom, Type B, Income Restrictions | 1BR,1BA | $1,120 |
Best Value Apartments for Rent in Southwest Richfield, MN
As of April 04, 2026 the best value apartment in the Southwest 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 Southwest Richfield apartment is the Lupine Model at Edina Park starting at $1,525 with a $1.50 price per square foot in the East Edina neighborhood. Here is today’s list of the best values for Southwest 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 |
| Edina Park | Lupine | 2BR,1.8BA | $1.50 |
| 4401 Valley View Rd | 2BR/2.0BA | 2BR,2BA | $1.61 |
| Nicollet South Apartments | Senior 1 bedroom | 1BR,1BA | $1.35 |
| 6715 Penn Ave S | 2/1 | 2BR,1BA | $1.69 |
| City Limits Apartments | Hiawatha | 1BR,1BA | $1.67 |
| Parklawn Manor | 1BR/1BA | 1BR,1BA | $1.68 |
| Wexford Commons Apartments | 2 Bedroom | 2BR,1BA | $1.67 |
| South Pleasant Apartments | 2BR/1.0BA | 2BR,1BA | $1.56 |
| 2215 W 74th St | 1 Bed, 1 Bath | 1BR,1BA | $1.43 |
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
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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
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Southwest Richfield, Richfield, and the greater Minneapolis-St. Paul area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, places to raise kids, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
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 2215 W 74th St which is listed at $998, while the average apartment in Southwest Richfield costs $3,399.
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 165 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 $458 which is $2,941 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.
Helpful Local Expert Guides

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.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
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Articles, How-To's, and Tips

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.