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

Rent trends in Northwest Richfield, Richfield, MN

Average rent prices in Northwest Richfield have decreased by 3% over the last month and have increased by 20% 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
Northwest Richfield, Richfield, MN

Rent prices in Northwest Richfield vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Northwest Richfield is $1,758, whereas a house costs $2,245. 1-bedroom apartments in Northwest Richfield run $1,645 on average, while 2-bedroom apartments are $2,245.


Studio	$1,472	1%	7%
1 bedroom	$1,660	1%	22%
2 bedroom	$2,195	1%	16%
3 bedroom	$1,995	6%	10%
4 bedroom	$2,999	No Change	12%

		Listings
Armatage	$1,795
Fulton	$2,895
Lynnhurst	$1,681
Southeast Richfield	$1,245
Southwest Richfield	$1,245
Windom	$1,724


Apartments	$1,758	No Change	No Change
Condos	$1,200	4%	-
Houses	$2,245	3%	No Change

Studio

Average rent

$1,472

Last 30 days

Last year

1 bedroom

Average rent

$1,660

Last 30 days

Last year

22%

2 bedroom

Average rent

$2,195

Last 30 days

Last year

16%

3 bedroom

Average rent

$1,995

Last 30 days

Last year

10%

4 bedroom

Average rent

$2,999

Last year

12%

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.

How does rent in Northwest Richfield, Richfield, MN compare to other neighborhoods?

Compare median rent prices in Northwest Richfield and Armatage by all bedroom counts and property types.

Northwest Richfield

Median rent price$1,788

lower than the national median

Median rent price$1,795

lower than the national median

Takeaway

The median rent for all rentals in Northwest Richfield, Richfield, MN is equal to the median rent in Armatage, Minneapolis, MN.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,795

$2,895

$1,681

$1,724

$1,245

$1,245

Discover rentals in Northwest Richfield, Richfield, MN

21h ago

8.8

Very good

Oliver 3 Apartments

6520 Oliver Ave S, Richfield, MN 55423

1 bed

1 bath

$1,125

Apartment for rent

5d+ ago

Northwest Richfield house for rent in Richfield

Charming 3 Bed 1 Bath home

6244 Humboldt Ave S, Richfield, MN 55423

3 beds

1 bath

$2,195

House for rent

Available Jul 10

3d ago

8.6

Very good

2700-2702 W. 66th St

2700 W 66th St, Richfield, MN 55423

3 beds

2 baths

$2,450

Apartment for rent

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Frequently asked questions for Northwest Richfield, Richfield, MN

Quick answers to common questions about the Northwest Richfield rental market.

How much is rent in Northwest Richfield?

The average rent in Northwest Richfield is $1,788 per month as of May 9, 2026.

Is rent up or down in Northwest Richfield?

Average rent prices in Northwest Richfield have decreased by 3% over the last month and have increased by 20% since last year.

How does Northwest Richfield rent compare to the national average?

Rent in Northwest Richfield is 8% below the national average, which means renters are paying approximately $162 less per month.

What salary do I need to afford rent in Northwest Richfield?

To comfortably afford rent in Northwest Richfield, you'd need to earn approximately $72,000/year, based on spending no more than 30% of your income on rent.

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).