Studio Apartment Rent in Richfield, MN
Median asking rent for a studio apartment in Richfield, Minnesota as of July 2026. That's +12% lower than the citywide median of $1,318 and +10% below the national studio median of $1,290.
Income needed for a studio in Richfield
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Richfield
Compare Richfield's median rent across every apartment size.
Cheapest cities for a studio in Minnesota
| # | City | Studio rent |
|---|---|---|
| 1 | Winona | $700 |
| 2 | Moorhead | $710 |
| 3 | Austin | $720 |
| 4 | Owatonna | $730 |
| 5 | Bemidji | $800 |
| 6 | Duluth | $848 |
| 7 | Waite Park | $890 |
| 8 | Saint Cloud | $940 |
| 9 | Rochester | $1,010 |
| 10 | Mankato | $1,030 |
| 11 | Anoka | $1,050 |
| 12 | Northfield | $1,060 |
| 13 | South Saint Paul | $1,060 |
| 14 | Saint Michael | $1,080 |
| 15 | Columbia Heights | $1,090 |
Most expensive cities for a studio in Minnesota
| # | City | Studio rent |
|---|---|---|
| 1 | Woodbury | $1,650 |
| 2 | Maple Grove | $1,600 |
| 3 | Eden Prairie | $1,570 |
| 4 | Lakeville | $1,550 |
| 5 | Cottage Grove | $1,540 |
| 6 | Edina | $1,520 |
| 7 | Blaine | $1,510 |
| 8 | Plymouth | $1,495 |
| 9 | Brooklyn Park | $1,495 |
| 10 | Savage | $1,470 |
| 11 | Rosemount | $1,470 |
| 12 | Minnetonka | $1,450 |
| 13 | Robbinsdale | $1,427 |
| 14 | Saint Louis Park | $1,385 |
| 15 | Vadnais Heights | $1,380 |
Nearby cities — studio rent
Most nearby cities have similar or higher studio rents than Richfield.
| City | Distance | Studio rent | vs Richfield |
|---|---|---|---|
| Bloomington, MN | 3.8 mi | $1,373 | +$213 (+18%) |
| Edina, MN | 4.9 mi | $1,520 | +$360 (+31%) |
| Minneapolis, MN | 6.2 mi | $1,281 | +$121 (+10%) |
| Saint Louis Park, MN | 7.4 mi | $1,385 | +$225 (+19%) |
| Burnsville, MN | 8.3 mi | $1,330 | +$170 (+15%) |
| Eagan, MN | 8.9 mi | $1,320 | +$160 (+14%) |
| Hopkins, MN | 9.6 mi | $1,250 | +$90 (+8%) |
| Savage, MN | 10 mi | $1,470 | +$310 (+27%) |
| Golden Valley, MN | 10.1 mi | $1,270 | +$110 (+9%) |
| Apple Valley, MN | 11.1 mi | $1,380 | +$220 (+19%) |
| Crystal, MN | 11.2 mi | $1,240 | +$80 (+7%) |
| Eden Prairie, MN | 11.5 mi | $1,570 | +$410 (+35%) |
Studio rent in Richfield — common questions
How much is a studio apartment in Richfield?
As of July 2026, the median studio apartment rent in Richfield, Minnesota is $1,160 per month. This is +12% below the citywide median of $1,318.
What income do you need to afford a studio in Richfield?
Using the standard 30% rent-to-income rule, you would need an annual income of about $46,400 ($3,867/month gross), which works out to roughly $22.31/hour at a full-time job.
Is Richfield expensive for a studio compared to the rest of the US?
Richfield's studio median of $1,160 is +10% below the national studio median of $1,290. It ranks in the 40th percentile of US cities tracked.
How does Richfield rank for studio rent in Minnesota?
Among the 63 cities in Minnesota with studio data, Richfield ranks #24 from cheapest to most expensive.
Are there cheaper studio options near Richfield?
Most nearby cities have similar or higher studio rents than Richfield.