Richfield Apartments and Rentals

Richfield is a quaint town that embraces the small-town life. With Minneapolis just minutes away, all the amenities of an urban development are at the fingertips of Richfield residents. The easy-going pace, clean streets and tight-knit community of Richfield is ideal for a family or young professional looking for a relaxing environment close to the city. Sitting on seven-square-miles of land, Richfield is an active down with miles of bike lanes, 40-miles of sidewalks and two successful farmers markets. City officials in Richfield are dedicated to providing the healthiest lifestyle for its residents, which was made obvious in the do.town initiative that promotes healthy living.

Richfield apartments for rent are near highways and the airport, making it easy to travel anywhere. From getting downtown to going across the country, it's no hassle getting where you need to go in Richfield.

Named after the rich farmland in the areas, Richfield grew because of the fertile land between St. Paul and Minnesota. Early crops in Richfield included corn, wheat and oats and many farmers began bringing their most profitable crop, wheat, to St. Paul to sell. In 1908, the area officially became a city and it is now known as Minnesota’s oldest suburb. Since then, the borders of Richfield have changed after three annexations by Minneapolis. In 1905, Fort Snelling shifted the border of Richfield to 34th avenue and in 1941, part of the east side of town turned into the Wold Chamberlain Field municipal airport. By 1955, the airport was separated from the village of Richfield.

Many war veterans came to Richfield in the 1940s and 1950s, raising the population to 10,000 to 42,500 by 1960. The population has since leveled off and maintained fairly stagnant since the early 1990s. According to statistics from the U.S. Census Bureau, the population of Richfield today is around 35,700.

Luckily for residents of Richfield, the average commute is only 22 minutes, six minutes less than the national average. Since the city is so close to the Twin Cities, residents that travel downtown don’t have too far to go. The top employer for residents of Richfield is at the Best Buy headquarters, which employs more than 5,000 people.

Rentals in Richfield are often occupied by people that commute downtown for work or school. The University of Minnesota, Twin Cities, and Southwest Minnesota State University are just two of the big colleges that Richfield residents attend. The local campus of the Minnesota School of Business also educates many residents of Richfield and its surroundings.

Since Richfield is located so close to Minneapolis and St. Paul, the cost of living is slightly higher than the rest of the country. The overall cost of living is rated 11 points higher than the national average, while food is 9 points higher. However, utilities are rated as 3 points lower than the national average, according to Best Places.

Depending on where apartments in Richfield are located, rent will vary slightly, but the average cost is $747 per month, according to statistics by the U.S. Census Bureau. Richfield has a variety of housing developments throughout town to appeal to anyone’s wants and needs.

The Wood Lake Nature Center is a 150-acre center dedicated to environmental education, wildlife preservation and outdoor recreation. The area was the first municipal nature center and one of the first in the Twin Cities, built in 1971. The area includes a 100-seat outdoor amphitheater, restored prairie, lowland forest, a large picnic area and park trails.

Richfield hosts several annual events year-round, including the Urban Wildland Half Marathon, All-Family Halloween Celebration and Candlelight and Ice, a holiday event.

To find a Richfield apartment or rental, check out our apartment listings. Rent.com® is happy to help you find your next home.