What's the average rent in Richfield, MN?

Rental Market Trends in Richfield, MN

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Richfield, MN is $1,400 per month, which is 28% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,400

8.1%$105 increase month-over-month

-12.2%-$195 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,494

HOUSES

$2,600

TOWNHOUSES

$1,795

As of June 2026, apartments are the most affordable rental option in Richfield, MN at $1,494 per month, while houses are the most expensive at $2,600 per month. Townhomes average $1,795 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,175
2 Bedrooms	$1,479
3 Bedrooms	$2,419
4 Bedrooms	$2,896
All	$1,400

As of June 2026, the average rent for a 1 bedroom rental in Richfield, MN is $1,175 per month, followed by $1,479 for a 2 bedroom rental, $2,419 for a 3 bedroom rental, and $2,896 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,395
2 Bedrooms	$1,700
3 Bedrooms	—
4 Bedrooms	$3,800
All	$1,400

As of June 2026, the average rent for a 1 bedroom apartment in Richfield, MN is $1,395 per month, followed by $1,700 for a 2 bedroom apartment, and $3,800 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,250
3 Bedrooms	$2,499
4 Bedrooms	$2,895
All	$2,600

As of June 2026, the average rent for a 2 bedroom house in Richfield, MN is $2,250 per month, followed by $2,499 for a 3 bedroom house, and $2,895 for a 4 bedroom house.