Richfield, MN

View of Richfield, MN
Image credit: SDHO / CC BY-SA 4.0
Population
36,593
U.S. Census Population Estimates Program · 2025
Elevation
841 ft
Median Home Value
$344,000
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$1,393/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$85,132
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

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About Richfield

Richfield sits directly south of Minneapolis, tucked comfortably between Edina, Bloomington, and the airport. Because the city spans just under seven square miles, almost everything feels close at hand. You are never more than a few minutes from quiet residential streets, great local eateries along Penn and Nicollet Avenues, or major employers like the Best Buy corporate headquarters. Minneapolis-Saint Paul International Airport borders the eastern edge of town, making business travel or vacation getaways exceptionally convenient, though you will want to take note of flight paths when touring homes on that side of the city.

Best Buy corporate headquarters, Richfield, Minnesota (April 10, 2007)

Getting around the wider metro from here is refreshingly easy. The METRO D Line provides bus rapid transit straight into South Minneapolis and downtown, with buses arriving every 10 to 15 minutes all week long. Commuters driving to work also enjoy immediate access to both I-35W and I-494. Most neighborhoods are made up of well-kept mid-century ramblers on classic, sidewalk-lined streets with mature trees, alongside newer apartments and townhomes built close to major transit stops.

Richfield MN washburn Ave

Green space is easy to find, with over twenty community parks scattered across town. Wood Lake Nature Center is a favorite local sanctuary, offering peaceful walking trails, floating boardwalks across the wetlands, and winter snowshoe paths right in the middle of the suburb. Over at Veterans Memorial Park, you will find an outdoor pool, mini golf, and ice rinks. The park also hosts a popular Saturday morning farmers market from May through October, filled with regional produce, fresh baked goods, and neighbors catching up.

Wood Lake

When you start shopping for a home, keep in mind that Richfield requires a city point-of-sale inspection before a property changes hands. This program ensures homes meet basic safety and maintenance standards, and any required repairs can be handled by the seller or assumed by the buyer through an escrow process. While that helps maintain neighborhood housing quality, you will still want to hire your own independent home inspector. It is also smart to review permit history and check whether an east-side home has received airport noise-insulation upgrades.

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