72

Studio Apartments for Rent in Richfield, MN

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  • /59

    Starting at $1,325 Plus Fees

    • Studio - 2 Beds

    6445 Lyndale Ave S, Richfield, MN 55423

    At Lynvue, you will find expertly crafted apartment units and community spaces. Enjoy evenings in the clubroom, connected to a rooftop patio with grilling stations, bocce ball and lounge space. Take advantage of having everything in one place with a fitness studio, work from home space, DIY craft room and quick access to parks and lakes all within reach.Lynvue's alcove, studio, 1, 2, and

    Lynvue

    (952) 230-0684

    6445 Lyndale Ave S, Richfield, MN 55423
  • /87

    Starting at $1,269 Plus Fees

    • Studio - 3 Beds

    6630 Richfield Pkwy, Richfield, MN 55423

    Chamberlain Apartments, located directly off of MN-77 in the city of Richfield, MN, offers an impressive selection of apartments for rent, ranging from studio to three-bedroom floorplans. Each residence features a desirable open-concept layout with a fully equipped kitchen with black GE appliances, wood-like floors in the living area, a full-size washer & dryer, and spacious plush-carpeted

    The Chamberlain Apartments

    (612) 482-8234

    6630 Richfield Pkwy, Richfield, MN 55423
  • /75

    Starting at $1,514

    Total Monthly Price

    • Studio - 3 Beds

    6200 Penn Ave S, Richfield, MN 55423

    Welcome to Landsby on Penn, an impeccably designed residence located at the center of everything you need including highly sought-after restaurants, shopping, entertainment, local grocers, and services.With its markedly sophisticated style, Landsby features a variety of floor plans to choose from including smartly-designed studios and alcoves as well as spacious one, two, and three-bedroom

    Landsby on Penn

    (763) 363-7139

    6200 Penn Ave S, Richfield, MN 55423
  • /41

    Starting at $1,285

    Total Monthly Price

    • Studio - 2 Beds

    2400 W 66th St, Richfield, MN 55423

    Step into luxury at Novo Apartments, where our studio, one-, and two-bedroom homes in Richfield feature white shaker-style cabinetry, granite countertops, stainless-steel appliances, and full-sized in-home washers and dryers. Bright, open-concept layouts and chef-inspired kitchens create an inviting space perfect for everyday living and entertaining. Schedule a tour with our team today and

    Novo

    (651) 370-9102

    2400 W 66th St, Richfield, MN 55423
  • /22

    Starting at $1,661

    Total Monthly Price

    • Studio - 3 Beds

    6725 York Ave S, Edina, MN 55435

    Onyx Edina is a modern, pet-friendly apartment community in Edina, Minnesota, near Minneapolis and St. Paul. We offer studio, 1-bedroom, 2-bedroom and 3-bedroom luxury apartments for rent with an impressive selection of features, including granite countertops in kitchens, full-sized washer/dryers, stainless steel appliances with gas ranges, private balconies and oversized windows, spacious

    Onyx Edina

    (952) 230-1472

    6725 York Ave S, Edina, MN 55435
  • /50

    Starting at $1,335 Plus Fees

    • Studio - 3 Beds

    6400 Richfield Pkwy, Richfield, MN 55423

    Imagine apartment living where the day begins with sunlight pouring through expansive windows, inviting you to explore a community made for balance, relaxation, and style. At Rya Apartments in Richfield, Minnesota, every detail—from spacious open layouts to sleek, modern kitchens—captures the essence of modern living. Weekends blend into social gatherings by the pool, cozy evenings in inviting

    Rya Apartments

    (763) 363-4349

    6400 Richfield Pkwy, Richfield, MN 55423
  • /41

    Starting at $1,060

    Total Monthly Price

    • Studio - 1 Bed

    600 W 64th St W, Richfield, MN 55423

    The Riley Apartments offers smart, connected living in the heart of Richfield — designed for renters who value efficiency, style, and everyday convenience. Featuring thoughtfully designed studio and one-bedroom homes with modern finishes, smart-home technology, and in-unit laundry, The Riley makes simplified living feel intentional and elevated.

    Riley

    (612) 482-1656

    600 W 64th St W, Richfield, MN 55423
  • /35

    Starting at $895 Plus Fees

    • Studio - 2 Beds

    200-218 W 62nd St, Minneapolis, MN 55419

    Your Home, Our Priority! Discover comfort, convenience, and exceptional value in our one- and two-bedroom apartment homes at Wexford Commons Apartments. Ideally located in south Minneapolis, you’re just steps from popular dining spots, gyms, and the bus line. Plus, enjoy quick freeway access to downtown Minneapolis, Edina, Bloomington, and the Mall of America.Our apartments are full of

    Wexford Commons Apartments

    (952) 230-1563

    200-218 W 62nd St, Minneapolis, MN 55419
  • /20

    Starting at $885

    Total Monthly Price

    • Studio

    6345 Lyndale Ave S, Richfield, MN 55423

    Richlyn Apartments - Affordable Studio Apartments, Great Location!Richlyn Apartments in Richfield features studio apartments. Located near Garfield Park and just minutes from I-35W, the property has convenient access to local restaurants, shopping and recreation!Features:-24 Hour Emergency Maintenance-Online Rent Payments & Maintenance Requests-Coin Operated Community

    Richlyn

    (651) 409-3942

    6345 Lyndale Ave S, Richfield, MN 55423
  • /21

    $1,175

    Total Monthly Price

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

    6324 S Lyndale Ave Unit 408, 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 408, Richfield, MN 55423
  • /18

    $1,175

    Total Monthly Price

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

    6324 S Lyndale Ave Unit 406, 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 406, Richfield, MN 55423

Why Live in Richfield

Richfield, Minnesota, known as "The Urban Hometown," is a small city with a population of nearly 40,000, offering a blend of big-city amenities and a small-town atmosphere. Located next to the Minneapolis–Saint Paul International Airport and close to the Mall of America, Richfield is highly accessible for work and travel. The city is characterized by single-family homes, primarily bungalows and ranch-style houses built in the '50s and '60s, which sell quickly due to low inventory and competitive pricing. Richfield Public Schools provide various educational options, including charter and parochial schools. The city boasts 23 parks, with Veterans Park and Wood Lake Nature Center being standout community resources. Veterans Park features hiking and biking paths, a memorial for local veterans, and recreational facilities like swimming pools and mini golf. Wood Lake Nature Center offers walking trails and wildlife spotting, with plans for a new building to enhance its educational programs. Richfield's dining scene includes local favorites like Giordano's for deep-dish pizza and Patrick's Bakery & Café, alongside grocery stores such as Lakewinds Food Co-op and ALDI. Shopping options are plentiful, with big-box retailers along Interstate 494 and the Mall of America just a mile away. The city is safer than the national average, making it a practical choice for families. Richfield also hosts community events like the Richfield Farmers Market and offers resources like the Augsburg Park Library, fostering a close-knit community atmosphere.

Frequently Asked Questions

How much does it cost to rent a home in Richfield, MN?
The median rent for a home in Richfield, MN is $2,300 per month, though prices vary by neighborhood, size, and property type. As of May 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 12.7, 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 home?
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 home include West Bloomington, South Loop, South Uptown, Wolfe Park and Whittier, each with its own character and price range.

Rental Home Trends in Richfield, MN

Rental Home Trends

Number of Homes for Rent
11
Median Rent
$2,300
Median Single Family Home Rent
$2,550
Median Townhouse Rent
$2,300
Median Condo Rent
$1,538
How to Rent a Home