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Richfield, MN Condos for Rent

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  • /12

    $1,400 Plus Fees

    • 1 Bed
    • 1 Bath
    • 1,050 Sq Ft
    • Condo for Rent

    6511 Oliver Ave S Unit Lower Unit, Minneapolis, MN 55423

    Property Id: 1311207 Explore modern living in this newly remodeled 1-bedroom, 1-bath lower unit. A friendly couple occupies the upper unit, ensuring a pleasant atmosphere. Inside, discover a stunning kitchen, inviting living room, spacious bedroom, and two walk-in closets. Smart locks on the back entrance eliminate the need for keys, enhancing security. Revel in natural light through

    6511 Oliver Ave S Unit Lower Unit, Minneapolis, MN 55423
  • /21

    $1,595 - $1,695

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 620 Sq Ft
    • Condo for Rent

    7600 Lyndale Ave S, Minneapolis, MN 55423

    1b/1b, unit comes with heated underground garage and storage. Experience a renaissance movement in one of the Twin Cities most cosmopolitan neighborhoods located at 7600 Lyndale Ave S in Richfield. 8 miles to downtown Minneapolis, 3 miles to Airport and MOA. easy access to downtown and other locations. *** Secure Building*** Granite

    7600 Lyndale Ave S, Minneapolis, MN 55423
  • /21

    $1,595 - $1,695

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 620 Sq Ft
    • Condo for Rent

    7600 Lyndale Ave S, Minneapolis, MN 55423

    1b/1b, unit comes with heated underground garage and storage. Experience a renaissance movement in one of the Twin Cities most cosmopolitan neighborhoods located at 7600 Lyndale Ave S in Richfield. 8 miles to downtown Minneapolis, 3 miles to Airport and MOA. easy access to downtown and other locations. *** Secure Building*** Granite

    7600 Lyndale Ave S, Minneapolis, MN 55423
  • /7

    $1,800

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft
    • Condo for Rent

    6909 Nicollet Ave S Unit MIL apt, Richfield, MN 55423

    Cute mother in law apartment available for rent in a great neighborhood. Close to shopping, bus routes, and 494. All utilities included.

    6909 Nicollet Ave S Unit MIL apt, Richfield, MN 55423
  • /40

    $2,375

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,562 Sq Ft
    • Charming 3-Bed Oasis with Fireplace & Finished Basement in Richfield!

    7305 3rd Ave S, Richfield, MN 55423

    AVAILABLE NowMake sure to check out this great 3 bed/1 bath single family home located in Richfield.Tucked into a convenient and vibrant location, this charming mid-century rambler offers easy access to parks, restaurants, shopping, the Mall of America, and the airport. Inside, you’ll find beautiful hardwood floors, timeless built-ins, and a cozy fireplace that anchors the

    7305 3rd Ave S, Richfield, MN 55423
  • /43

    $1,200

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 660 Sq Ft
    • Available Now Spacious 1 bedroom 1 bath lower level Condo in Richfield -- 55+

    6615 Lake Shore Dr S, Minneapolis, MN 55423

    Available Now - Discover your next home at 6615 Lake Shore Dr S, Apt 115, where tranquil lakeside living meets vibrant Minneapolis convenience—all within a welcoming 55+ community designed for comfort, connection, and peace of mind.This charming 1-bedroom, 1-bathroom condo offers a well-designed 660 sq ft layout with modern style and everyday functionality. Enjoy a first floor walk-out

    6615 Lake Shore Dr S, Minneapolis, MN 55423
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    $1,175

    Total Monthly Price

    • Studio
    • 1 Bath
    • 494 Sq Ft
    • Condo for Rent

    6324 S Lyndale Ave Unit 208, Richfield, MN 55423

    Modern Studio Apartment at Henley in Richfield, MN!Experience stylish, tech-forward living in this 2020-built apartment at Henley, centrally located in the heart of beautiful Richfield. Enjoy easy access to Minneapolis, Edina, Bloomington, and downtown Richfield, with endless shopping, dining, and entertainment options just minutes away.This apartment combines modern luxury with

    6324 S Lyndale Ave Unit 208, Richfield, MN 55423

Frequently Asked Questions

How much does it cost to rent a condo in Richfield, MN?
The median rent for a condo in Richfield, MN is $1,500 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Richfield, MN?
To comfortably afford the median rent in Richfield, MN, a household needs to earn roughly $92,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,300 per month in Richfield, MN, renters typically need to show $6,900 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Richfield, MN?
In Richfield, MN, the price-to-rent ratio is 12.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Richfield, MN are best for renting a condo?
The best neighborhood for renting in Richfield, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Armatage, West Bloomington, East Bloomington, Kingfield and Linden Hills, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
7
Median Condo Rent
$1,500
Median 1 Bedroom Condo Rent
$1,550
Median 2 Bedroom Condo Rent
$1,450
How to Rent a Home