Southwest
Property management in Richfield
Richfield is a first-ring suburb in Hennepin County, with Interstates 35W and 494 and State Highways 62 and 77 among its main routes. Its park system includes Wood Lake Nature Center, a 150-acre nature preserve, and its housing ranges from single-family homes to condominiums and apartments. We lease and manage single-family homes and townhomes here.
About Richfield
Much of Richfield's single-family housing was built in the 1950s, and many of its apartment buildings date from the 1960s and early 1970s. Veterans Memorial Park is home to the city's outdoor pool and ice arena, and the Nine Mile Creek Regional Trail passes through the city. Richfield is served by Richfield Public Schools (ISD 280).
Rental licensing in Richfield
Rental license required
Richfield requires all residential rental property to be licensed and inspected every year, with renewals due by December 31. Inspections cover the interior, exterior and common areas; the license fee includes two inspections, and further re-inspections cost extra. Owners must follow the city's occupancy limits for sleeping rooms and the zoning code's definition of family.
For the homes we manage, we take care of the city's licensing or registration steps and keep owners compliant as the rules change.
Source: City of Richfield — official rental licensing page. Requirements and fees change; check the city for current details.
Own a home in Richfield?
Get a free rental analysis — what it would rent for, how fast it would lease, and what management would cost. Owners who join by December 31, 2026 lock in $99/mo for as long as we continuously manage their home.
Looking to rent in Richfield?
See available homes, or join the waitlist to hear about the next one before it's posted anywhere else.
More communities in the Southwest regionCompare management costs