Cheap Homes for Rent in Richfield, MN from $1,200 (13 Rentals)

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property at 302 E 48th St

302 E 48th St

MinneapolisMN55419

Richfield

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

Richfield, MN Local Guide

Cheapest Available Richfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Richfield, MN is a Studio unit found at South Pointe in the Southwest Richfield neighborhood priced from $975. Richlyn Apartments in the Armatage neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $987. Here is today’s list of the most affordable Richfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
South PointeThe PortStudio,1BA$975
Richlyn Apartments0BR/1.0BAStudio,1BA$987
Nicollet Court1.1bed1BR,1BA$995
Lyndale Garden1 Bedroom Large1BR,1BA$1,025
Southdale Parc Apartments1 Bedroom A1BR,1BA$1,025

Best Value Apartments for Rent in Richfield, MN and Nearby

As of April 12, 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 Windom (3bd/2ba) - 1250sqft Model at Windom Gables starting at $1,849 with a $1.48 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Blooming Meadows North2 Bedroom2BR,1BA$1.30
Windom GablesWindom (3bd/2ba) - 1250sqft3BR,2BA$1.48
Stanley Terrace Apartments2 Bedroom B2BR,1.5BA$1.29
Metropolitan Towers1.1+denB1BR,1BA$1.30
Southview Estates1 Bedroom1BR,1BA$1.37
Richland CourtThe Lucas2BR,1BA$1.27
Cedar Gate1.1 Bed1BR,1BA$1.44
City Limits ApartmentsNokomis2BR,1BA$1.51
Winton HouseThe Zera2BR,1BA$1.45
Nicollet South ApartmentsSenior 1 bedroom1BR,1BA$1.29

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Frequently Asked Questions about Richfield

What type of rentals are currently available in Richfield?

There are currently 356 Apartments for Rent in Richfield, MN with pricing that ranges from $775 to $11,816. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richfield ranging from $1,225 to $19,500.

What is the current price range for Rental Homes in Richfield?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Richfield ranges from $1,225 to $19,500 with an average monthly rent of $3,628.

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.