Average Rent in Northwest Richfield, Richfield, MN and Rent Price Trends

Rent price trends in
Northwest Richfield, Richfield, MN

Rent price trends

Rent prices for all bedroom counts and property types in Northwest Richfield, Richfield, MN have increased by 7% in the last month and have increased by 8% in the last year.

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

Rent comparables in
Northwest Richfield, Richfield, MN
The monthly rent for an apartment in Northwest Richfield, Richfield, MN is $1,693. A 1-bedroom apartment in Northwest Richfield, Richfield, MN costs about $1,689 on average, while a 2-bedroom apartment is $2,195. Houses for rent in Northwest Richfield, Richfield, MN are more expensive, with an average monthly cost of $2,495.


1 bedroom	$1,630	7%	15%
2 bedroom	$2,175	2%	9%
3 bedroom	$2,550	7%	20%
4 bedroom	$2,595	11%	11%
Studio	$1,597	1%	46%

		Comparables
Armatage	$1,689
Fulton	$2,745
Lynnhurst	$2,095
Southeast Richfield	$1,260
Southwest Richfield	$1,242
Windom	$1,689


Apartments	$1,693	1%	No Change
Condos	$1,295	2%	-
Houses	$2,495	14%	No Change

Studio

Average rent

$1,597

Last 30 days

Last year

46%

1 bedroom

Average rent

$1,630

Last 30 days

Last year

15%

2 bedroom

Average rent

$2,175

Last 30 days

Last year

3 bedroom

Average rent

$2,550

Last 30 days

Last year

20%

4 bedroom

Average rent

$2,595

Last 30 days

11%

Last year

11%

The table above reflects average rent prices in Northwest Richfield, 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.

Compare rent prices in Northwest Richfield, Richfield, MN to other neighborhoods

Median rent prices in Northwest Richfield, Richfield, MN for all bedroom counts and property types compared to Armatage, Minneapolis, MN.

Northwest Richfield

Median rent price$1,720

10%

lower than the national median

Median rent price$1,689

12%

lower than the national median

Takeaway

The median rent for all rentals in Northwest Richfield, Richfield, MN is 2% higher than the median rent in Armatage, Minneapolis, MN.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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