Apartments for Rent in Richfield, MN

Prices and availability in Richfield, MN were last updated on 11 Sep 2026.

The best apartments in Richfield, MN are: The Oaks on Pleasant, Corinthian Apartments, Portland Terrace, Rya Apartments and Richfield Square Apartments.

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

The price range for a studio apartment in Richfield, MN is between $1,131 and $1,841.

The price range for a 1-bedroom apartment in Richfield, MN is between $1,130 and $2,400.

The price range for a 2-bedroom apartment in Richfield, MN is between $1,130 and $2,912.

The price range for a 3-bedroom apartment in Richfield, MN is between $1,354 and $4,286.

In Richfield 38% of the housing is rented out compared to 62% of homes are owned, according to the most recent Census Bureau estimates. 39% of Richfield's apartments are found in large buildings of 50 units or more, 50% are located in smaller apartment complexes with less than 50 units, and 11% are single-family rentals.

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 40 years old, on average. Of these, 34% 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 4 stories. About 93% of the rental communities here are low-rise, garden-style communities, 16% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Richfield are around 7% of rentals, while 1-bedroom floor plans represent 62% 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.