6615 Lake Shore Dr S
MinneapolisMN55423
Cheap Homes for Rent in the Southwest Richfield Neighborhood of Richfield, MN from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Southwest Richfield area of Richfield.
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$1,4001 Bedroom Apartments Available Now
6511 Oliver Ave S, Unit Lower Unit
6511 Oliver Ave SMinneapolis, MN 55423
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.
4200 Valley View Rd
MinneapolisMN55424
7320 York Ave S, Unit 207
7320 York Ave S
MinneapolisMN55435
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
7600 Lyndale Ave S
MinneapolisMN55423
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Southwest Richfield, Richfield, MN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Southwest Richfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Richfield 2 Bedroom Homes for Rent | $1,927 | $1,499 | $2,295 |
| Southwest Richfield 3 Bedroom Homes for Rent | $2,586 | $2,145 | $2,984 |
| Southwest Richfield 4 Bedroom Homes for Rent | $2,986 | $2,495 | $4,000 |
| Southwest Richfield 5 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Southwest Richfield Neighborhood of Richfield, MN.
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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 $835. Lyndale Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,065. Here are the most affordable Southwest Richfield apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Richlyn | Unit 4 - 50% AMI | Studio,1BA | $835 |
| Lyndale Gardens | 1 Bedroom Large | 1BR,1BA | $1,065 |
| ReNew Minnehaha | S1 | Studio,1BA | $1,079 |
Best Value Apartments for Rent in Southwest Richfield, MN
As of July 30, 2026 the best value apartment in the Southwest Richfield area is the $1.46 price per square foot 2 Bedroom Model at York Plaza in the in the Armatage neighborhood starting from $1,895. The second greatest value Southwest Richfield apartment is the 3 Bed, 1 Bath Model at 2215 W 74th St starting at $1,570 with a $1.31 price per square foot in the Windom 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. |
|---|---|---|---|
| York Plaza | 2 Bedroom | 2BR,2BA | $1.46 |
| 2215 W 74th St | 3 Bed, 1 Bath | 3BR,1BA | $1.31 |
| Nicollet Manor | 2 bed | 2BR,1BA | $1.25 |
| Astor Place of Edina | A1 | 1BR,1BA | $1.62 |
| Seasons Park | 2 Bedroom, Type B, Income Restrictions | 2BR,1BA | $1.60 |
| City Limits Apartments | Nokomis | 2BR,1BA | $1.54 |
| Nicollet South Apartments | Senior 1 bedroom | 1BR,1BA | $1.41 |
| 6715 Penn Ave S | 2/1 | 2BR,1BA | $1.69 |
| South Pleasant Apartments | 2BR/1.0BA | 2BR,1BA | $1.56 |
| Willows On France | 1BR/1.0BA | 1BR,1BA | $1.71 |
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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Real 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.
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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
Frequently Asked Questions about Southwest Richfield
What type of rentals are currently available in Southwest Richfield?
There are currently 186 Apartments for Rent in Southwest Richfield, MN with pricing that ranges from $885 to $19,256. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Richfield ranging from $1,200 to $4,000.
What is the current price range for Rental Homes in Southwest Richfield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwest Richfield ranges from $1,200 to $4,000 with an average monthly rent of $2,441.
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
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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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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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.
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.