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Cheap Apartments for Rent in Richfield, MN - 50 Rentals available

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Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the price of a cheap apartment in Richfield, MN?

The price range of a cheap apartment is between $960 and $1,855. Find cheap apartments in Richfield, MN.

How many cheap rentals are available in Richfield, MN on RENTCafé?

There are 15 cheap rentals available on RENTCafé. Prices and availability in Richfield, MN were last updated on 12 May 2021.

What is the average size of a cheap apartment in Richfield, MN?

The average Richfield, MN cheap apartment size is 160 sq. ft.

What are the advantages of renting a cheap apartment in Richfield, MN?

Cheap apartments in Richfield, MN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Richfield, MN?

A cheap apartment in Richfield, MN offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Richfield, MN.

Richfield, MN Demographics

  • Total Population36,063
  • Female 18,116
    Male 17,947
  • Median Age35.7

Average Rent in Richfield, MN

  • Richfield, MN Average Rental Price, April 2021 $1,115 /mo

Richfield, MN Apartment Rent Ranges

  • $701-$1,00027%
  • $1,001-$1,50064%
  • $1,501-$2,0008%
  • > $2,0001%

Richfield, MN Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Apr / 2021
Richfield, MN $1,044 $1,043 $1,086 $1,093 $1,099 $1,120 $1,143 $1,143 $1,091 $1,115
National $1,346 $1,355 $1,359 $1,356 $1,391 $1,398 $1,400 $1,390 $1,395 $1,407

Richfield, MN Households

  • Total Number of Households15,180
  • Family 8,295
    Non-family 6,885
  • Children 3,870
    No Children 11,310
  • Average People Per Household2.35
  • Median Household Income$66,908
  • Median Housing Costs Per Month$1,168

Richfield, MN Education Statistics

  • No High School4%
  • Some High School24%
  • Some College24%
  • Associate Degree8%
  • Bachelor Degree27%
  • Graduate Degree12%

Looking for a cheap apartment for rent in Richfield, MN? With RENTCafé, finding an affordable apartment in Richfield, MN has never been easier. We feature 50 low-priced rentals directly from property managers, with rents lower than the Richfield, MN average. What is a cheap rent in Richfield, MN? The average apartment rent in Richfield is $1,115 per month so any rental south of $892 would be considered cheap here. On RENTCafé, Richfield, MN rents go as low as $820/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!