Concierge
7620 Penn Ave S,
Richfield, MN 55423
$1,215 - $1,758 | 1-2 Beds
Richfield
Richfield, MN
Area Guide
A convenient Twin Cities commuter town with surprising access to nature.
Airport
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Nature
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Commuter
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Parks
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Outdoors
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Folks choosing Richfield apartments enjoy direct access to everything the Twin Cities have to offer. Due south of downtown Minneapolis and right next door to Minneapolis-St. Paul International Airport, Richfield’s central location makes it a highly convenient place for commuters to call home. The popular Richfield Farmers Market serves the city from May to October, offering fresh produce from local-area farms.
There are dozens of public works of art on display around the city, particularly in Kirchbak Gardens. Nature lovers will appreciate the close proximity to the Minnesota Valley National Wildlife Refuge and the adjacent Minnesota Aquarium. The city itself includes over 450 acres of parkland, providing residents with ample space for ice skating, hiking, biking, and just enjoying the great outdoors.
Rent Trends
As of March 2025, the average apartment rent in Richfield, MN is $1,268 for a studio, $1,194 for one bedroom, $1,580 for two bedrooms, and $2,097 for three bedrooms. Apartment rent in Richfield has increased by 6.7% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,194/month
654 Sq Ft
House
$2,843/month
2,132 Sq Ft
Transportation
71
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
45
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
68
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Schools
Richfield Dual Language School
Public
Grades PK-5
505 Students
6
Public
Grades PK-5
419 Students
5
Public
Grades PK-5
588 Students
3
Public
Grades PK-5
334 Students
2
Richfield Extended School Year
Public
Grades K-12
Rating Unavailable
Public
Grades 6-8
807 Students
3
Richfield Extended School Year
Public
Grades K-12
Rating Unavailable
Public
Grades 9-12
1,270 Students
4
Richfield Extended School Year
Public
Grades K-12
Rating Unavailable
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Wood Lake Nature Center
- Diamond Lake Park
- Kenny Park
- Pearl Park
- Edward C. Solomon Park
Military Bases
Airports
- Minneapolis-St Paul International/Wold-Chamberlain
Top Apartments in Richfield
Houses for Rent in Richfield
Property Management Companies in Richfield, MN
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.