Last updated on July 19, 2026

Average rent in
Richfield, MN

Median rent

Median rent in Richfield

$1,598/mo

increased by22%

vs previous year

The average rent in Richfield is $1,598 per month as of July 2026. This is 18% below the national average rent, or $347 less per month.

$1.74

average price per square foot

Total rentals

Available rentals in Richfield

36

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Richfield rentals at each price point

40%30%20%10%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Richfield, MN

Average rent prices in Richfield have decreased by 2% over the last month and have increased by 22% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Richfield, MN

Rent prices in Richfield vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Richfield is $1,495, whereas a house costs $2,499. 1-bedroom apartments in Richfield run $1,305 on average, while 2-bedroom apartments are $2,024.

Listings

Studio

$1,422

1%

12%

1 bedroom

$1,305

4%

7%

2 bedroom

$2,034

2%

14%

3 bedroom

$2,794

8%

10%

4 bedroom

$3,200

1%

15%

Studio

Average rent

$1,422

Last 30 days

1%

Last year

12%

1 bedroom

Average rent

$1,305

Last 30 days

4%

Last year

7%

2 bedroom

Average rent

$2,034

Last 30 days

2%

Last year

14%

3 bedroom

Average rent

$2,794

Last 30 days

8%

Last year

10%

4 bedroom

Average rent

$3,200

Last 30 days

1%

Last year

15%

The table above reflects average rent prices in Richfield, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Richfield, MN compare to other cities?

Compare median rent prices in Richfield and Apple Valley by all bedroom counts and property types.

Richfield

Median rent price$1,598
decreased by18%

lower than the national median

Median rent price$1,889
decreased by3%

lower than the national median

Takeaway

The median rent for all rentals in Richfield, MN is 15% lower than the median rent in Apple Valley, MN.

Discover rentals in Richfield, MN

South Pleasant Apartments - Photo 1 of 1

2d ago

7.1

Very good

South Pleasant Apartments

6321 6321 - 6329 Pleasant Ave S, Richfield, MN 55423

2 beds

1 bath

$1,125–$1,300

Apartment for rent

7500 Oliver Ave S #8 - Photo 1 of 1

5d+ ago

Southwest Richfield apartment for rent in Richfield

2 beds

1 bath

$1,260

Apartment for rent

Available Jan 6

6715 Penn Ave S - Photo 1 of 1

20h ago

Northwest Richfield apartment for rent in Richfield

6715 Penn Ave S

6715 Penn Ave S, Richfield, MN 55423

2 beds

1 bath

$1,350

Apartment for rent

7544 Garfield Ave - Photo 1 of 1

5d+ ago

Southwest Richfield house for rent in Richfield

House for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Richfield, MN

Quick answers to common questions about the Richfield rental market.

How much is rent in Richfield?

The average rent in Richfield is $1,598 per month as of July 18, 2026.

Is rent up or down in Richfield?

Average rent prices in Richfield have decreased by 2% over the last month and have increased by 22% since last year.

How does Richfield rent compare to the national average?

Rent in Richfield is 18% below the national average, which means renters are paying approximately $347 less per month.

Which neighborhoods are most affordable in Richfield?

The most affordable neighborhoods in Richfield are Southeast Richfield ($1,212/mo), Southwest Richfield ($1,260/mo), and Minneapolis St Paul International Airport ($1,530/mo).

What salary do I need to afford rent in Richfield?

To comfortably afford rent in Richfield, you'd need to earn approximately $64,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Richfield?

Based on Zumper's July 2026 data, one-bedroom apartments in Richfield average around $1,250/month and two-bedrooms approximately $1,980/month.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Apple Valley