Apartments for Rent in Richfield, MN

Prices and availability in Richfield, MN were last updated on 1 Jun 2026.

The best apartments in Richfield, MN are: The Chamberlain Apartments, Riley, Greenbrier Terrace, The Oaks on Pleasant 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 $935 and $1,787.

The price range for a 1-bedroom apartment in Richfield, MN is between $985 and $2,191.

The price range for a 2-bedroom apartment in Richfield, MN is between $1,095 and $3,074.

The price range for a 3-bedroom apartment in Richfield, MN is between $1,335 and $3,074.

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 39% of Richfield's rentals, 50% are small-scale complexes with under 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.