What's the average rent in Richfield, MN?

Rental Market Trends in Richfield, MN

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SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Richfield, MN is $1,445 per month, which is 24% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,445

4.6%$64 increase month-over-month

7.6%$102 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,558

HOUSES

$2,495

TOWNHOUSES

$2,750

As of May 2026, apartments are the most affordable rental option in Richfield, MN at $1,558 per month, while townhomes are the most expensive at $2,750 per month. Houses average $2,495 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,134
2 Bedrooms	$1,479
3 Bedrooms	$2,481
4 Bedrooms	$2,900
All	$1,355

As of May 2026, the average rent for a 1 bedroom rental in Richfield, MN is $1,134 per month, followed by $1,479 for a 2 bedroom rental, $2,481 for a 3 bedroom rental, and $2,900 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,100
2 Bedrooms	$2,750
3 Bedrooms	$1,995
4 Bedrooms	—
All	$2,750

As of May 2026, the average rent for a 1 bedroom townhome in Richfield, MN is $1,100 per month, followed by $2,750 for a 2 bedroom townhome, and $1,995 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$999
2 Bedrooms	$1,531
3 Bedrooms	$3,000
4 Bedrooms	$3,800
All	$1,445

As of May 2026, the average rent for a 1 bedroom apartment in Richfield, MN is $999 per month, followed by $1,531 for a 2 bedroom apartment, $3,000 for a 3 bedroom apartment, and $3,800 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,800
3 Bedrooms	$2,445
4 Bedrooms	$2,900
All	$2,495

As of May 2026, the average rent for a 2 bedroom house in Richfield, MN is $2,800 per month, followed by $2,445 for a 3 bedroom house, and $2,900 for a 4 bedroom house.