Cheap Apartments for Rent in Richfield, MN from $600 (122 Rentals)
Search the lowest-cost Apartments available for rent right now in Richfield.

2215 W 74th St

Queen Terrace Apartments

Southdale Parc Apartments

Lyndale Garden

Lyndale Plaza Apartments

Winton House

Fountainhead
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Seasons Park Apartments

Concierge

6324 Lyndale Ave S

Richfield Square Apartments

The Chamberlain Apartments

Portland Terrace

Novo
Richfield - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

Rya Apartments

Lynvue Apartments

Bossen Park Apartments

Karmel Apartments

Creek Terrace Apartments

South Pointe

5544/5301 Chicago Ave S

AIRE MSP Apartments
Richfield, MN Local Guide

How much does it cost to rent an apartment in Richfield?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Richfield Studio Apartments | $1,535 | $925 | $5,989 |
Cheap Richfield 1 Bedroom Apartments | $1,855 | $895 | $4,748 |
Cheap Richfield 2 Bedroom Apartments | $2,503 | $1,145 | $10,000+ |
Cheap Richfield 3 Bedroom Apartments | $2,651 | $1,685 | $8,647 |
Cheap Richfield 4 Bedroom Apartments | $3,073 | $2,849 | $3,375 |
Browse Top Apartments in Richfield
See all Apartments in RichfieldExplore Richfield
Richfield, MN Local Guide

- Richfield Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Richfield Apartments for Rent
 The cheapest available apartment rental in Richfield, MN is a Studio unit found at Richlyn Apartments in the Armatage neighborhood priced from $925. South Pointe in the Southwest Richfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,015. Here is today’s list of the most affordable Richfield apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Richlyn Apartments | 0BR/1.0BA | Studio,1BA | $925 |
South Pointe | The Port | Studio,1BA | $1,015 |
Southdale Parc Apartments | 1 Bedroom A | 1BR,1BA | $1,025 |
Lyndale Garden | 1 Bedroom Large | 1BR,1BA | $1,025 |
Nicollet Court | Studio | Studio,1BA | $1,040 |
Karmel Apartments | 1 BR, 1 BA | 1BR,1BA | $1,095 |
Nicollet South Apartments | Senior 1 bedroom | 1BR,1BA | $1,095 |
New Orleans Court | Englewood | 1BR,1BA | $1,095 |
Concord Green | One Bedroom | 1BR,1BA | $1,095 |
Blooming Meadows South | Studio, Income Restrictions, NOAH | Studio,1BA | $1,098 |
Best Value Apartments for Rent in Richfield, MN
As of April 29, 2025 the best value apartment in the Richfield area is the $1.30 price per square foot 2 Bedroom Model at Blooming Meadows North in the in the Nicols neighborhood starting from $1,690. The second greatest value Richfield apartment is the 2 Bedroom Model at York Plaza starting at $1,985 with a $1.53 price per square foot in the Armatage neighborhood. Here is today’s list of the best values for Richfield apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Blooming Meadows North | 2 Bedroom | 2BR,1BA | $1.30 |
York Plaza | 2 Bedroom | 2BR,2BA | $1.53 |
Windom Gables | Windom (3bd/2ba) - 1250sqft | 3BR,2BA | $1.48 |
Metropolitan Towers | 1.1+denB | 1BR,1BA | $1.30 |
Oxboro Heights - 55+ | Grand (2 Bedroom) | 2BR,1BA | $1.51 |
Richland Court | The Lucas | 2BR,1BA | $1.30 |
Cedar Gate | 1.1 Bed | 1BR,1BA | $1.44 |
Winton House | The Zera | 2BR,1BA | $1.45 |
Nicollet South Apartments | Senior 1 bedroom | 1BR,1BA | $1.29 |
Seasons Park Apartments | 1 Bedroom, Type B, Income Restrictions | 1BR,1BA | $1.50 |
Quick 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.
Richfield Overview
Richfield is located in Hennepin County, has a population of less than 40,000, and is a Minneapolis-St. Paul suburb. You'll find that Richfield apartments offer a home in an area that's the epicenter of everything that Minnesota has to offer, where both families and single professionals can enjoy a mix of urban and suburban landscapes. Richfield is minutes south of downtown Minneapolis and the famous Mall of America. You'll find many restaurants, parks, and plenty of shopping all close to home.
Why live in Richfield, MN?
If you're looking for apartments in Richfield, you'll find that you're in the epicenter of everything that Minnesota has to offer. Minneapolis and St. Paul are minutes away, transportation is convenient, and there's lots of shopping, dining, and more.
Pet Friendly LifestyleRichfield, MN
Ranked #16
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Richfield, MN
Sheridan Hills Elementary
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Richfield, MN Rentals by Map
See the most popular apartments and homes in Richfield, MN
Getting Around Richfield, MN
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
68 / 100
Bikeable
Some bike infrastructure
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 Richfield Apartments
What is the Cheapest Studio apartment in Richfield?
Currently the most affordable Cheap Studio Apartment in Richfield is at Richlyn Apartments listed at $925.
How much is rent for a Cheap One Bedroom Richfield Apartment?
The lowest price for a Cheap One Bedroom Richfield Apartment is $1,025 at Lyndale Garden.
What is the lowest price for a Cheap Two Bedroom Richfield Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Richfield is starting from $1,145 at Nicollet South Apartments.
What is the most affordable Richfield Three Bedroom Apartment?
The best deal on a cheap Richfield Three Bedroom Apartment rental is at Windom Gables and starts from $1,849.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.