100 Best Apartments in Richfield, MN (with reviews)

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Rent prices in cities near Richfield, MN

Apartments in Apple Valley $1,630
Apartments in Arden Hills $1,226
Apartments in Bloomington $1,572
Apartments in Brooklyn Center $1,134
Apartments in Brooklyn Park $1,221
Apartments in Burnsville $1,446
Apartments in Chanhassen $1,461
Apartments in Columbia Heights $1,270
Apartments in Crystal $1,248
Apartments in Eagan $1,493
Apartments in Eden Prairie $1,685
Apartments in Edina $1,628
Apartments in Falcon Heights $1,310
Apartments in Fridley $1,312
Apartments in Golden Valley $1,646
Apartments in Hopkins $1,597
Apartments in Inver Grove Heights $1,359
Apartments in Lakeville $1,739
Apartments in Lilydale $1,234
Apartments in Little Canada $1,169
Apartments in Maple Grove $1,788
Apartments in Maplewood $1,208
Apartments in Minneapolis $1,659
Apartments in Minnetonka $1,584
Apartments in New Brighton $1,226
Apartments in New Hope $1,321
Apartments in Plymouth $1,595
Apartments in Prior Lake $1,208
Apartments in Robbinsdale $1,373
Apartments in Rosemount $1,519
Apartments in Roseville $1,310
Apartments in Savage $1,704
Apartments in Shakopee $1,518
Apartments in Shoreview $1,551
Apartments in South St. Paul $1,100
Apartments in St. Anthony $1,274
Apartments in St. Louis Park $1,747
Apartments in St. Paul $1,396
Apartments in Wayzata $1,306
Apartments in West St. Paul $1,234

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Rent prices in Richfield, MN's popular neighborhoods

Apartments in Como $1,994
Apartments in Dinkytown $1,994
Apartments in Downtown Minneapolis $1,602
Apartments in Hiawatha $1,389
Apartments in Linden Hills $1,823
Apartments in Loring Park $1,369
Apartments in Marcy Holmes $1,994
Apartments in North Loop $1,841
Apartments in Uptown Minneapolis $1,587
Apartments in Waite Park $1,283

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Popular zip codes in Richfield, MN

Apartments in 55414

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Average rent in Richfield, MN

$1,190/mo Richfield, MN average rental price, January 2023

The average monthly rent of apartments in Richfield, MN is $1,190.

Richfield, MN apartment rent ranges

About 9% of apartment rents in Richfield, MN range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 1% of apartments. Around 68% of Minneapolis’s apartments are in the $1,001-$1,500 price range. 22% of apartments are priced between $701-$1,000.

Richfield, MN rent trends

Check out the average rent prices in Richfield by neighborhood.

Compared to the national average rent of $1,727, the average rent in Richfield, MN is $1,190.

Getting around in Richfield, MN

51 /100

Somewhat Walkable

48 /100

Some Transit

68 /100

Bikeable

Walk Score®: 51, Transit Score®: 48, Bike Score®: 68

Frequently asked questions

When were prices and availability in Richfield, MN last updated?

Prices and availability in Richfield, MN were last updated on 2 Feb 2023.

What are the best apartments in Richfield, MN?

The best apartments in Richfield, MN are: Richfield Square Apartments, Landsby on Penn, Rya at RF64, Corinthian Apartments and South Pleasant Apartments.

What is the average rent in Richfield, MN?

The average rent in Richfield, MN is $1,190. Start your search for apartments in Richfield, MN now.

What is the price range for a studio apartment in Richfield, MN?

The price range for a studio apartment in Richfield, MN is between $1,225 and $1,635. View all studio apartments in Richfield, MN.

What is the price range for a 1-bedroom apartment in Richfield, MN?

The price range for a 1-bedroom apartment in Richfield, MN is between $1,010 and $2,067. Browse all available 1-bedroom apartments in Richfield, MN now.

What is the price range for a 2-bedroom apartment in Richfield, MN?

The price range for a 2-bedroom apartment in Richfield, MN is between $1,019 and $3,314. Browse and find a 2-bedroom apartment in Richfield, MN.

What is the price range for a 3-bedroom apartment in Richfield, MN?

The price range for a 3-bedroom apartment in Richfield, MN is between $1,225 and $4,001. Browse all available 3-bedroom apartments in Richfield, MN.

What type of rental buildings are in Richfield, MN?

In Richfield 38% of the housing is rented out compared to 62% of homes are owned, according to the most recent Census Bureau estimates. 33% of Richfield’s apartments are found in large buildings of 50 units or more, 54% are located in smaller apartment complexes with less than 50 units, and 12% are single-family rentals.

What do typical apartment communities look like in Richfield, MN?

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Richfield are about 43 years old, on average. Of these, 24% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 96% of the rental communities here are low-rise, garden-style communities, 4% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Richfield, MN?

Studio apartments in Richfield are around 7% of rentals, while 1-bedroom floor plans represent 63% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 28% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

Renter's guide to Richfield, MN

Take a 15 minute drive south of Minneapolis along I-35W S (approximately 8 miles) and you’ll find the city of Richfield (a suburb of Minneapolis) in Hennepin County.

Founded in 1859 as a small farming community, the city was named after the fertile farmland and incorporated in 1908. After World War 2, the population of Richfield exploded dramatically as many moved here for its easy commute into the Twin Cities where there were more economic opportunities.

True to its name, the weather in Richfield is more comfortable than most places in Minnesota with June, July, and August being the most pleasant. The city averages 32 inches of rain per year, lower than the U.S. average of 38 but gets significantly more snow at 53 inches per year compared to the national average of just 28. Temperatures reach a summer high of 84F in July and a winter low of just 7F in January. Richfield residents enjoy 199 days of sunshine per year which is lower than the U.S. average of 205.

Tips for renting in Richfield, MN

One of the biggest tips for those moving to Richfield is to choose a neighborhood that matches your lifestyle needs. In Richfield, there are 13 neighborhoods to choose from.

Another important tip is to know your renter’s rights in Richfield. The city of Richfield website has a lot of good information on the city’s Tenant Protection Ordinance. If you have further questions or need help with tenant-landlord disputes, HomeLine is a non-profit tenant advocacy organization that can help. They have a free legal help hotline available in English and Spanish.

Richfield, MN demographics

36,253Total Population
17,896 Female

18,357 Male
36.8Median Age

Richfield, MN has a population of 36,253 according to the most recent data from the U.S. Census Bureau. 17,896 of Minneapolis’s residents are women and 18,357 are men. The median age of those who live in Richfield, MN is 36.8.

Living in Richfield, MN

Like most suburbs in the United States, Richfield is home to many young families with the average age of residents sitting at a spritely 36.7 years old.

And while many people commute into Minneapolis or the Twin Cities for work, you’ll be happy to learn that the average commute time for Richfield residents is just 21.5 minutes compared to a US average of 26.4 minutes. For this commute, roughly 74.2% of residents drive alone, 10.5% carpool and 7.2% take transit.

Richfield, MN households

8,912 Family

6,410 Non-family
3,815 Children

11,507 No Children

15,322Total Number of Households
2.35Average People Per Household
$70,091Median Household Income

According to U.S. Census data, there are 15,322 households in Richfield, MN. 8,912 are family households and 6,410 are non-family households. There are 3,815 households with children in Minneapolis and 11,507 households without children. On average, about 2.35 people live in a household in Richfield, MN.

Things to do in Richfield, MN

With such close proximity to Minneapolis and St. Paul just a 24 minute drive away (roughly 19 miles), many residents head into the “big cities” to work and play. That said, there are plenty of fun things to do in Richfield for those who want to stay closer to home.

For all your shopping needs, there’s the Mall of America located in Bloomington just south of Richfield. Here you will find over 520 shops with everything you could possibly need from tech to toys and food to fashion. Notable stores include Nordstrom and Popeyes Louisiana Kitchen. Also in the mall is the Sea Life Minnesota Aquarium and the Void VR which are great places to spend time with family in Richfield.

While we’re on the topic of family-friendly activities in Richfield, there’s also the Nickelodeon Universe right next to the Mall of America. Take your kids here to meet Nickelodeon’s most famous characters from Spongebob to Dora the Explorer and enjoy over 27 thrilling rides.

For the more adventurous outdoor types, there’s the Wood Lake Nature Center with various programs and events throughout the year from environmental education to wildlife observation. Spread over 150 acres, you’ll find cross-country ski trails, limestone walking trails, and different habitats to explore: a cattail marsh, mixed lowlands, forest, and restored prairie land.

Richfield, MN employment & economy

Even though Richfield is located near the economic powerhouses of Saint Paul and Minneapolis, the employment and economy in Richfield is strong and diverse in its own right.

The 3 top employers in Richfield, MN are Best Buy which employs 4500 people, US Bank employing 2400 and Richfield Public Schools employing 682.

With a median income of $59,884 per year, roughly 15.6% of residents work in healthcare and social assistance, 11.7% in retail trade, and 11.1% in accommodation and food services.

Education in Richfield, MN

True to its family-friendly reputation, the school system in Richfield is strong.

The top private school in Richfield is the Academy of Holy Angels. Serving 670 students from Grades 9 to 12, it is considered the 13th best private high school in Minnesota. Known for its extra-curricular activities, 92% of students participate in activities outside of school such as the Knowledge Bowl, Math Stars, and various robotics and theatre programs.

The top elementary school in Richfield is Sheridan Hills Elementary School serving students from Pre-Kindergarten to Grade 5.

For older students, the top high school in Richfield is Richfield Senior High. Known for its 81% graduation rate, the school is the best in Richfield.

The top university in the Richfield area is the University of Minnesota with campuses in nearby Minneapolis and St. Paul. This university is widely referred to as a “public ivy” university offering education on par with the much lauded Ivy League schools. Researchers, alumni, and faculty have collectively won 30 Nobel Prizes and 3 Pulitzer prizes over the years.

Richfield, MN education statistics

The level of education of the population of Richfield, MN is as follows: 4% have no high school education, 25% completed some high school, 23% partially completed college, 8% have an Associate Degree, 29% have a Bachelor Degree, and 11% have a Graduate Degree.

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Apartments for Rent in Richfield, MN 73 Rentals Available

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