Richfield, MN rental market

What is the average rent in Richfield, MN?

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Last updated June 23, 2026

Rental market summary

The average rent for all bedrooms and all property types in Richfield, MN is $1,295.

Average rent

$1,295

Month-over-month change

-$140

Year-over-year change

-$207

Available rentals

68

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $700 to $3,995.

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Rent frequencies
Rent priceNumber of rental properties
$6001
$7001
$9003
$1,00011
$1,10010
$1,20011
$1,3005
$1,4003
$1,6002
$1,7003
$1,8003
$1,9002
$2,0001
$2,1001
$2,2005
$2,3002
$2,5003
$2,6002
$2,8001
$2,9001
$3,1001
$3,7002
$3,8001
$3,900+1

Average rent price over time

In the last year, rent has decreased by $207 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,385$1,327
Feb$1,295$1,362
Mar$1,266$1,350
Apr$1,395$1,555
May$1,450$1,355
Jun$1,579$1,445
Jul$1,495No data
Aug$1,595No data
Sep$1,315No data
Oct$1,643No data
Nov$1,356No data
Dec$1,336No data

Market temperature

The Richfield, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Richfield, MN is 36% lower than the national average.

Richfield, MNvs.

$1,295

$2,009

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Frequently asked questions

1. What is the average rent in Richfield, MN?

The average rent in Richfield, MN is $1,295.

2. What is the average rent for a studio apartment in Richfield, MN?

The average rent for a studio apartment in Richfield, MN is $1,305 per month.

3. What is the average rent for a one-bedroom apartment in Richfield, MN?

The average rent for a one-bedroom apartment in Richfield, MN is $1,132 per month.

4. What is the average rent for a two-bedroom apartment in Richfield, MN?

The average rent for a two-bedroom apartment in Richfield, MN is $1,476 per month.

5. What is the average rent for a three-bedroom apartment in Richfield, MN?

The average rent for a three-bedroom apartment in Richfield, MN is $2,300 per month.

6. What is the average rent for a four-bedroom apartment in Richfield, MN?

The average rent for a four-bedroom apartment in Richfield, MN is $1,825 per month.

7. How much does it cost to rent a house in Richfield, MN?

Houses in Richfield, MN rent between $700 - $3,995 with an average rent of $1,295.

8. How has the rent in Richfield, MN changed in the last year?

In the last year, the rent in Richfield, MN decreased by $207

9. How much has the rent in Richfield, MN increased/decreased in the last month?

In the last month, the rent in Richfield, MN decreased by $140

10. How many available rentals are there in Richfield, MN?

There are currently 68 rentals available in Richfield, MN.

11. How do rent prices in Richfield, MN compare with the national average?

The average rent in Richfield, MN is $1,295 — 35.54% lower the national average of $2,009.

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