Rental market snapshot for Richfield, Minnesota
Richfield, Minnesota Rental Property Market Overview
The average rent for an apartment in Richfield is $2,007. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has increased by 0.51% over the past year.
Richfield is a city in Hennepin County, Minnesota, United States. The population was 35,228 at the 2010 census. The city is a first-ring suburb immediately south of Minneapolis and is the fourth largest city in the metropolitan area.
Last Updated December 23, 2022
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Sign upAverage monthly rent graph in Richfield Minnesota | Cost of Living
- The most expensive ZIP Code in Richfield is 55423 with an average price of $1,999
- The cheapest ZIP Code in Richfield is 55423 with an average price of $1,860
Richfield ZIP Codes with the highest, most expensive rent
| # | zip code | average rent |
|---|---|---|
| 1 | 55423 | $1,999 |
Live near Richfield, Minnesota's Top Sights and Attractions
Christian Park is a beautiful park located in Richfield, Minnesota. The park features a variety of amenities including a playground, picnic areas, a walking trail, and a pond. The park is a great place to visit for a day of relaxation or to take a stroll with the family.
Vets Memorial is a war memorial dedicated to the veterans of Richfield, Minnesota. The memorial is located in a park and features a statue of a soldier, a flagpole, and a plaque with the names of the veterans.
Augsburg is a small city located in Richfield, Minnesota. The city is home to a number of small businesses and is a popular destination for tourists. Augsburg is known for its beautiful scenery, its friendly people, and its many historical landmarks.
Donaldson is an attraction in Richfield, Minnesota that features a variety of interactive exhibits for visitors to enjoy. The attraction is designed to educate and entertain guests of all ages, and features a variety of hands-on activities, games, and displays.
The Heredia an attraction is a large, open-air museum that features a variety of interactive exhibits and displays. Visitors can learn about the history and culture of the city, as well as the natural environment and wildlife. The Heredia an attraction is a great place to spend a day or two, and is perfect for families with children.
The Roosevelt is an attraction in Richfield, Minnesota that is a replica of the presidential train car that Theodore Roosevelt used while he was in office. The train car is open for tours and there is also a museum on the property that contains artifacts from Roosevelt's life.
Taft Park is a beautiful park located in Richfield, Minnesota. The park features a playground, a picnic area, a walking trail, and a pond.
Garfield is an attraction in Richfield, Minnesota that features a statue of the popular cartoon character, Garfield the Cat. The statue is located in a park and is surrounded by a playground and picnic area.
Richfield, Minnesota area median rent change by ZIP Code map
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Sign upHow does Richfield compare to other cities in Minnesota ?
| city | median price |
|---|---|
| Excelsior | $2,387 |
| East Grand Forks | $600 |
| Eden Prairie | $2,043 |
| North Saint Paul | $1,595 |
| Shakopee | $1,777 |
| Lakeville | $2,135 |
| Winona | $635 |
| Alexandria | $895 |
| Hopkins | $1,295 |
Average household income in Richfield area graph - US Census
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Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
Sign upThe median household income in Richfield in 2021 was $70,091. This represents a 34.5% change from 2011 when the median was $52,131.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 3.4% |
| 1 | $10,000 to $14,999 | 3.2% |
| 2 | $15,000 to $19,999 | 2.8% |
| 3 | $20,000 to $24,999 | 2.1% |
| 4 | $25,000 to $29,999 | 4.0% |
| 5 | $30,000 to $34,999 | 4.1% |
| 6 | $35,000 to $39,999 | 3.6% |
| 7 | $40,000 to $44,999 | 5.2% |
| 8 | $45,000 to $49,999 | 3.9% |
| 9 | $50,000 to $59,999 | 9.2% |
| 10 | $60,000 to $74,999 | 12.3% |
| 11 | $75,000 to $99,999 | 14.3% |
| 12 | $100,000 to $124,999 | 10.0% |
| 13 | $125,000 to $149,999 | 8.9% |
| 14 | $150,000 to $199,999 | 7.6% |
| 15 | $200,000 or more | 5.4% |
