Median Age
39 Years
Largest Age Group
30-39 Years
Approximately 17% of Residents
Under 20
23%
Over 65
18%
Richfield
Richfield, MN Area Guide
Avg Rent
$1,187
Population
35,351
Renter Mix
40% Rent
A convenient Twin Cities commuter town with surprising access to nature.
Airport
•
Nature
•
Commuter
•
Parks
•
Outdoors
•
Richfield sits where Minneapolis ends, making it one of the most connected spots in the Twin Cities. Bordered by Minneapolis to the north, Edina to the west, and Bloomington to the south, this compact city packs a lot into seven square miles. More than 450 acres of parks invite hiking, biking, and winter skating, while the nearby Minnesota Valley National Wildlife Refuge offers a rare natural escape minutes away.
Daily life has an easy, grounded rhythm. The Richfield Farmers Market brings neighbors together from May to October, and public art installations add character to everyday strolls. Minneapolis–St. Paul International Airport is practically a neighbor, making travel a breeze for frequent flyers.
Renters will find a solid mix of apartments, from garden-style communities to updated townhomes. Best Buy’s corporate headquarters anchors the local economy. For those seeking big-city access without big-city prices, Richfield is a smart place to land.
Explore the City
While Richfield is mostly single-family homes, townhomes have been built near Lyndale Avenue.
Richfield is entirely surrounded by major highways and interstates for easy metro access.
Try your green thumb at the Richfield Community Garden.
Take in nature at Wood Lake Nature Center in Richfield.
The Mall of America is just a few miles away from Richfield.
Local vendors sell their goods every Saturday in the warmer months at Veterans Park.
Demographics
Median Household Income
$74,525
Average: $97,597
Education
12,792
Residents Have a Degree
Job Market
19,700
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Richfield has more homeowners than renters.
Renters
40%
Non-Renters
60%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
31%
Other Education
69%
Rent Trends
As of April 2026, the average apartment rent in Richfield, MN is $1,266 for a studio, $1,187 for one bedroom, $1,624 for two bedrooms, and $2,239 for three bedrooms. Apartment rent in Richfield has decreased by -1.1% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,187/month
655 Sq Ft
House
$2,704/month
1,761 Sq Ft
Townhome
$2,306/month
1,541 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Richfield, MN is for everyday living.
Moderately Walkable
Walkability
60
/ 100
Some Public Transit
Transit
50
/ 100
Exceptionally Drivable
Drivability
90
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Scores provided by
Schools
Richfield Dual Language School
Public
Grades PK-5
505 Students
Public
Grades PK-5
419 Students
Seven Hills Prep Academy Lower Elementary School
Public
Grades K-5
306 Students
Public
Grades PK-5
588 Students
Public
Grades PK-5
334 Students
Seven Hills Prep Academy Upper
Public
Grades 6-8
293 Students
Public
Grades 6-8
807 Students
Public
Grades PK-8
523 Students
Public
Grades 6-8
56 Students
Richfield Extended School Year
Public
Grades K-12
Richfield College Education Program
Public
Grades 9-12
50 Students
Public
Grades 9-12
1,270 Students
Public
Grades 9-12
49 Students
Public
Grades 9-12
25 Students
Public
Grades 9-12
School data provided by
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.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
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.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
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
Highland Management Group
-
33
Communities
-
3,849
Units
-
21
Cities
4 Communities in Richfield
Hempel
-
13
Communities
-
817
Units
-
4
Cities
3 Communities in Richfield
Greystar
-
3,491
Communities
-
960,425
Units
-
891
Cities
2 Communities in Richfield
Kleinman Realty
-
72
Communities
-
3,997
Units
-
24
Cities
2 Communities in Richfield
Enclave
-
35
Communities
-
5,746
Units
-
15
Cities
2 Communities in Richfield
Sail LLC
-
11
Communities
-
1,301
Units
-
8
Cities
2 Communities in Richfield
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.