What's the average rent in Richfield, MN?

Rental Market Trends in Richfield, MN

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Richfield, MN is $1,452 per month, which is 25% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,452

-14.8%-$253 decrease month-over-month

4.2%$58 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,509

HOUSES

$2,750

TOWNHOUSES

$1,695

As of September 2026, apartments are the most affordable rental option in Richfield, MN at $1,509 per month, while houses are the most expensive at $2,750 per month. Townhomes average $1,695 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,130
2 Bedrooms	$1,523
3 Bedrooms	$2,495
4 Bedrooms	$2,745
All	$1,452

As of September 2026, the average rent for a 1 bedroom rental in Richfield, MN is $1,130 per month, followed by $1,523 for a 2 bedroom rental, $2,495 for a 3 bedroom rental, and $2,745 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,695
3 Bedrooms	$2,495
4 Bedrooms	—
All	$1,695

As of September 2026, the average rent for a 2 bedroom townhome in Richfield, MN is $1,695 per month, followed by $2,495 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,025
2 Bedrooms	$1,650
3 Bedrooms	$2,400
4 Bedrooms	$2,400
All	$1,383

As of September 2026, the average rent for a 1 bedroom apartment in Richfield, MN is $1,025 per month, followed by $1,650 for a 2 bedroom apartment, $2,400 for a 3 bedroom apartment, and $2,400 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,100
3 Bedrooms	$2,495
4 Bedrooms	$2,750
All	$2,750

As of September 2026, the average rent for a 2 bedroom house in Richfield, MN is $2,100 per month, followed by $2,495 for a 3 bedroom house, and $2,750 for a 4 bedroom house.