What's the average rent in Richfield, MN?

Rental Market Trends in Richfield, MN

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Richfield, MN is $1,303 per month, which is 34% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,303

-1.4%-$19 decrease month-over-month

-18.3%-$292 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,456

HOUSES

$2,795

TOWNHOUSES

$1,695

As of August 2026, apartments are the most affordable rental option in Richfield, MN at $1,456 per month, while houses are the most expensive at $2,795 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	$1,133
2 Bedrooms	$1,479
3 Bedrooms	$2,463
4 Bedrooms	$2,847
All	$1,303

As of August 2026, the average rent for a 1 bedroom rental in Richfield, MN is $1,133 per month, followed by $1,479 for a 2 bedroom rental, $2,463 for a 3 bedroom rental, and $2,847 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,065
2 Bedrooms	$1,350
3 Bedrooms	$2,330
4 Bedrooms	$3,800
All	$1,260

As of August 2026, the average rent for a 1 bedroom apartment in Richfield, MN is $1,065 per month, followed by $1,350 for a 2 bedroom apartment, $2,330 for a 3 bedroom apartment, and $3,800 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,300
3 Bedrooms	$2,464
4 Bedrooms	$2,847
All	$2,795

As of August 2026, the average rent for a 2 bedroom house in Richfield, MN is $1,300 per month, followed by $2,464 for a 3 bedroom house, and $2,847 for a 4 bedroom house.