What's the average rent in Richfield, MN?

Rental Market Trends in Richfield, MN

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Richfield, MN is $1,695 per month, which is 12% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,695

21.1%$295 increase month-over-month

27.9%$370 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,558

HOUSES

$2,600

TOWNHOUSES

$2,395

As of November 2026, apartments are the most affordable rental option in Richfield, MN at $1,558 per month, while houses are the most expensive at $2,600 per month. Townhomes average $2,395 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	$1,461
3 Bedrooms	$2,300
4 Bedrooms	$2,795
All	$1,695

As of November 2026, the average rent for a 1 bedroom rental in Richfield, MN is $1,130 per month, followed by $1,461 for a 2 bedroom rental, $2,300 for a 3 bedroom rental, and $2,795 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,495
3 Bedrooms	$2,300
4 Bedrooms	—
All	$2,395

As of November 2026, the average rent for a 2 bedroom townhome in Richfield, MN is $2,495 per month, followed by $2,300 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,595
2 Bedrooms	$1,550
3 Bedrooms	$1,925
4 Bedrooms	$925
All	$1,650

As of November 2026, the average rent for a 1 bedroom apartment in Richfield, MN is $1,595 per month, followed by $1,550 for a 2 bedroom apartment, $1,925 for a 3 bedroom apartment, and $925 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,299
3 Bedrooms	$2,395
4 Bedrooms	$2,800
All	$2,600

As of November 2026, the average rent for a 2 bedroom house in Richfield, MN is $2,299 per month, followed by $2,395 for a 3 bedroom house, and $2,800 for a 4 bedroom house.