Cheap Homes for Rent in Southwest Richfield Neighborhood of Richfield, MN from $1,200 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Southwest Richfield area of Richfield.

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.

Southwest Richfield, Richfield, MN Local Guide

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 Apartments priced from $925. South Pointe has the second lowest priced unit, which is a Studio apartment currently listed from $1,015. Here are the most affordable Southwest Richfield apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Richlyn Apartments0BR/1.0BAStudio,1BA$925
South PointeThe PortStudio,1BA$1,015
Lyndale Garden1 Bedroom Large1BR,1BA$1,025

Best Value Apartments for Rent in Southwest Richfield, MN

As of April 27, 2025 the best value apartment in the Southwest Richfield area is the $1.53 price per square foot 2 Bedroom Model at York Plaza in the in the Armatage neighborhood starting from $1,985. The second greatest value Southwest 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 Southwest Richfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
York Plaza2 Bedroom2BR,2BA$1.53
Windom GablesWindom (3bd/2ba) - 1250sqft3BR,2BA$1.48
Edina ParkLilac2BR,2BA$1.60
WoodhavenB12BR,2BA$1.67
Seasons Park Apartments2 Bedroom, Type B, Income Restrictions2BR,1BA$1.60
City Limits ApartmentsNokomis2BR,1BA$1.62
Nicollet South ApartmentsSenior 1 bedroom1BR,1BA$1.29
FountainheadElliot2BR,1BA$1.66
Willows On France/ RAIT1BR/1.0BA1BR,1BA$1.68
Woodlake ParkLynwood1BR,1BA$1.69

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Southwest Richfield

What type of rentals are currently available in Southwest Richfield?

There are currently 182 Apartments for Rent in Southwest Richfield, MN with pricing that ranges from $925 to $11,178. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Richfield ranging from $1,295 to $4,995.

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 $1,295 to $4,995 with an average monthly rent of $2,291.

How much are larger Three and Four Bedroom Rentals in Southwest Richfield?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwest Richfield range from $1,710 to $5,380, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $2,300. Four Bedroom Single-Family rentals are also available starting from $2,620 and Four Bedroom Apartments start at $2,995.

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 Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.