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$975 - $1,000
Plus Fees
1 Bedroom Apartments Available NowPenn Apartments
7515 Penn Ave SRichfield, MN 55423
Cheap Apartments for Rent in the Southwest Richfield Neighborhood of Richfield, MN from $800 (83 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southwest Richfield area of Richfield.
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$995 - $1,145
Plus Fees1 Month Lease Term
1 Bedroom Apartments Available NowLyndale Garden
6301-6325 Lyndale Ave SRichfield, MN 55423
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Rent Specials
$1,000 - $1,053
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now2215 W 74th St
2215 W 74th StRichfield, MN 55423
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$1,065 - $1,595
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,065 - $1,595
Total Monthly Price
$1,065 - $1,595
Riley
600 W 64th St WRichfield, MN 55423
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$1,070 - $1,940
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,070 - $1,940
Total Monthly Price
$1,070 - $1,940
Fountainhead
7611 Knox Ave SRichfield, MN 55423
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$1,090 - $1,115
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,075 - $1,100
Required Monthly Fees
$15
Total Monthly Price
$1,090 - $1,115
Southdale Parc Apartments
2720 W 66th StRichfield, MN 55423
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Rent Specials
$1,092 - $1,370
Plus Fees
1 to 2 Bedroom Apartments Available NowConcierge
7620 Penn Ave SRichfield, MN 55423
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$1,120 - $1,455
Plus Fees
1 to 2 Bedroom Apartments Available NowSeasons Park
951 E 77th StRichfield, MN 55423
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$1,145 - $1,655
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,145 - $1,655
Total Monthly Price
$1,145 - $1,655
Woodlake Park
6304 Dupont Ave SRichfield, MN 55423
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Rent Specials
$1,146
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,125
Required Monthly Fees
$21
Total Monthly Price
$1,146
Queen Terrace Apartments
6444 Queen Ave SRichfield, MN 55423
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.
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Rent Specials
$1,183 - $1,483
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,179 - $1,479
Required Monthly Fees
$4
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$1,183 - $1,483
Portland Terrace
7232 Portland AveRichfield, MN 55423
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$1,195 - $1,870
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowNew Orleans Court Apartments and Townhomes
50 W 78th StRichfield, MN 55423
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$1,220
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowSouth Pleasant Apartments
6321-6329 Pleasant Ave SRichfield, MN 55423
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$1,295 - $2,545
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Studio to 2 Bedroom Apartments Available NowLynvue Apartments
6445 Lyndale Ave SRichfield, MN 55423
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$1,535 - $2,810
Plus Fees
Studio to 2 Bedroom Apartments Available NowNovo
2400 W 66th StRichfield, MN 55423
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$1,575 - $2,100
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Jan 1, 2026Lyndale Plaza Apartments
6401 Lyndale Ave SRichfield, MN 55423
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$1,595 - $1,605
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Feb 28, 2026The Oaks on Pleasant
6600 Pleasant AveRichfield, MN 55423
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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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Cash 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.
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Rent Specials
$975 - $1,040
Plus Fees1 Month Lease Term
1 Bedroom Apartments Available NowWexford Commons Apartments
200-218 W 62nd StMinneapolis, MN 55419
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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$1,015 - $1,630
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,015 - $1,630
Total Monthly Price
$1,015 - $1,630
South Pointe
651-691 E American BlvdBloomington, MN 55420
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$1,095 - $1,295
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowNicollet South Apartments
8848 Nicollet Ave SBloomington, MN 55420
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$1,099 - $1,680
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowColony Apartment Homes
1740 1/2 W 76th StMinneapolis, MN 55423
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$1,110 - $1,455
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,050 - $1,395
Required Monthly Fees
$60
Total Monthly Price
$1,110 - $1,455
Diamond Pointe Apartments
6106-6116 Lyndale Ave SMinneapolis, MN 55419
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$1,113 - $1,857
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowThe Rosalyn | Affordable 55+ Apartments in Bloomington
700 American Blvd WBloomington, MN 55420
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$1,154 - $1,729
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,150 - $1,725
Required Monthly Fees
$4
Total Monthly Price
$1,154 - $1,729
Forty Forty Flats
4040 W 70th StEdina, MN 55435
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$1,155 - $1,822
Plus Fees
Studio to 2 Bedroom Apartments Available Jan 23, 2026ReNew Minnehaha
6045 Lyndale AveMinneapolis, MN 55419
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$1,157 - $2,382
Plus Fees
Studio to 2 Bedroom Apartments Available NowYork Place Apartments Edina
3121 69th St WEdina, MN 55435
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$1,179 - $1,569
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowWillows On France
8848 Goodrich RdBloomington, MN 55437
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$1,195 - $1,250
Plus Fees
1 to 2 Bedroom Apartments Available NowSouthgate Apartments
8100 12th Ave SBloomington, MN 55425
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.
Southwest Richfield, Richfield, MN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Southwest Richfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Richfield Studio Apartments | $1,406 | $995 | $1,904 |
| Southwest Richfield 1 Bedroom Apartments | $1,383 | $975 | $2,574 |
| Southwest Richfield 2 Bedroom Apartments | $1,927 | $1,145 | $4,957 |
| Southwest Richfield 3 Bedroom Apartments | $2,683 | $1,795 | $4,301 |
| Southwest Richfield 4 Bedroom Apartments | $3,499 | $3,499 | $3,499 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 83 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Southwest Richfield Apartments for Rent
The cheapest available apartment rental in the Southwest Richfield area of Minneapolis, MN is a 1 Bed unit found at 1001/15 East 66th St. priced from $850. Penn Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Southwest Richfield apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1001/15 East 66th St. | 1BR/1.0BA | 1BR,1BA | $850 |
| Penn Apartments | 1BR/1.0BA | 1BR,1BA | $975 |
| Wexford Commons Apartments | 1 Bedroom | 1BR,1BA | $975 |
| Windom Gables | Studio | Studio,1BA | $995 |
| 2215 W 74th St | 1 Bed, 1 Bath | 1BR,1BA | $1,000 |
| Lyndale Garden | 1 Bedroom Large | 1BR,1BA | $1,020 |
| South Pointe | Ballast | Studio,1BA | $1,025 |
| Nicollet Court | Studio | Studio,1BA | $1,040 |
| Concierge | The Superior | 1BR,1BA | $1,082 |
| Southdale Parc Apartments | 1 Bedroom A | 1BR,1BA | $1,090 |
Best Value Apartments for Rent in Southwest Richfield, MN
As of December 10, 2025 the best value apartment in the Southwest Richfield area is the $0.88 price per square foot 7207 Heatherton Cir Model at 7207 Heatherton Cir in the in the Armatage neighborhood starting from $2,750. The second greatest value Southwest Richfield apartment is the Daisy Model at Edina Park starting at $1,980 with a $1.52 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. |
|---|---|---|---|
| 7207 Heatherton Cir | 7207 Heatherton Cir | 3BR,3BA | $0.88 |
| Edina Park | Daisy | 3BR,2BA | $1.52 |
| York Plaza | 1 Bedroom | 1BR,1BA | $1.46 |
| 2215 W 74th St | 1 Bed, 1 Bath | 1BR,1BA | $1.05 |
| City Limits Apartments | Nokomis | 2BR,1BA | $1.60 |
| Nicollet South Apartments | Senior 1 bedroom | 1BR,1BA | $1.29 |
| Richfield Square Apartments | Large 2 Bedroom | 2BR,1BA | $1.58 |
| Fountainhead | Monroe | 1BR,1BA | $1.61 |
| Colony Apartment Homes | One bedroom- Unremodeled/Remodeled | 1BR,1BA | $1.57 |
| Wexford Commons Apartments | 1 Bedroom | 1BR,1BA | $1.50 |
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.
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The 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.
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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 LifestyleSouthwest Richfield, Richfield, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Southwest Richfield, Richfield, MN
Sheridan Hills Elementary
Richfield Public School District
Public School - Grades PK-5 (419)
7 out of 10
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!
Getting Around the Southwest Richfield Neighborhood in Richfield, MN
Walk Score®
64 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
71 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
45 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,090.
What is the price of a cheap apartment in Southwest Richfield?
The cheapest apartment in Southwest Richfield is 1001/15 East 66th St. which is listed at $850, while the average apartment in Southwest Richfield costs $3,499.
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 94 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 $276 which is $3,223 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
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
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
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.