Apartments for Rent in Richfield, MN

Prices and availability in Richfield, MN were last updated on 13 May 2026.

The best apartments in Richfield, MN are: Landsby on Penn, Greenbrier Terrace, Rya Apartments, Rya at RF64 Apartments and Portland Terrace.

The average rent in Richfield, MN is $1,340.

The price range for a studio apartment in Richfield, MN is between $885 and $1,787.

The price range for a 1-bedroom apartment in Richfield, MN is between $985 and $2,213.

The price range for a 2-bedroom apartment in Richfield, MN is between $1,125 and $2,994.

The price range for a 3-bedroom apartment in Richfield, MN is between $1,234 and $2,994.

In Richfield, 38% of the residents are renting compared to 62% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 38% of Richfield's rentals, 52% are small-scale complexes with under 50 units, and 11% are single-family rentals.

The average age of rental buildings in Richfield is 40 years old, with 34% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 93% are garden-style apartment communities, 16% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Richfield come in a range of sizes and floorplans. Studio apartments represent 7% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 62% of the total apartments in the city, while 2-bedroom floorplans represent around 28% of all rentals in Richfield. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.