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Home / Minneapolis Area Apartments / Richfield / Portland Terrace
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Updated 4 hours ago

Portland Terrace


7232 Portland Ave Richfield, MN

2 Bed
•
1 Bath

724 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$750
328 ft2
0 Available
504-01
$750
Rented
View
512-03
$750
Rented
View
1 Bed • 1 Bath
$940
621 ft2
0 Available
500-02
$940
Rented
View
500-04
$940
Rented
View
500-08
$940
Rented
View
500-10
$940
Rented
View
504-11
$940
Rented
View
512-01
$940
Rented
View
508-02
$940
Rented
View
508-05
$940
Rented
View
508-07
$940
Rented
View
508-09
$940
Rented
View
2 Beds • 1 Bath
$1,300
724 ft2
3 Available
7244-04
$1,300
Available Now
View
512-04
$1,300
Available Now
View
7232-01
$1,300
Available May 5th, 2025
View
View Rented Units
3 Beds • 2 Bath
$1,350
1025 ft2
0 Available
7244-02
$1,350
Rented
View
7232-02
$1,350
Rented
View
Where you'll live
Street View
Map View
Satellite View
Portland Terrace
Portland Terrace
Portland Terrace
Amenities
On-site Laundry
Air Conditioning
Storage
Refrigerator
On Bus Line
Ceiling Fans
On-site Maintenance
Professional On-site Management
Cable Ready
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Pet Deposit: $200.00
Pet Fee: $200.00
Pet Rent: $25.00
Parking
Surface Parking
Lease & Fees
Lease Length:

10, 11, 12, 13, 14, 15, 16, 17, 18

Security Deposit:

$300

Application Fee:

$49

Other:

$4.00 utility service fee

Property details
Description

Discover comfortable and convenient living at Portland Terrace, offering a selection of studio, one-, and two-bedroom apartments for rent. Nestled in the heart of Richfield and just minutes from Downtown Minneapolis, our community provides easy access to public transportation and a location that keeps you connected to everything the city has to offer.Book a tour with our friendly staff today.

Additional Details
Total Unit Count: 68
Last Updated: Updated 4 hours ago
Contact Number: (952) 234-6213
Property manager information
Halverson and Blaiser Group, LTD
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Office Hours
Monday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 5:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 940.0 940.0
ViaSat, Inc. 100.0 3.0
Nextera Holdings, LLC 50.0 50.0
CenturyLink, Inc. 40.0 3.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Portland Terrace by bedroom type below.
2 Bedroom
Suggested income:
$46,800
per year
Rent report

Portland Terrace Rent vs. Richfield Average

 Portland Terrace      Richfield Average
2BR
$1,300
$1,609
$0
$550
$1,100
$1,650
$2,200

Portland Terrace is asking 19% less than the average 2 bedroom apartment in Richfield.

If you upsized to an average priced Richfield 3 bedroom apartment, you would pay 40% more per month.

If you downsized to an average priced Richfield 1 bedroom apartment, you would pay 29% less per month.

Portland Terrace provides 20% less square footage than the average Richfield 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Portland Terrace
2BR $1,300 $1.80 $3,900
Richfield Average
Studio $1,317 $2.50 $3,950
1BR $1,251 $1.80 $3,754
2BR $1,609 $1.80 $4,828
3BR $2,694 $1.80 $8,082
4BR $2,200 $1.80 $6,600

Availability in Richfield

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 54 1BR units on the market in Richfield. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
17% 44% 37% 2% 1%
Available Units in Richfield
Studio 21
1BR 54
2BR 46
3BR 2
4BR 1
Location
Nearby Colleges

Normandale Community College

College Of St Catherine

University of St. Thomas

Augsburg College

Minneapolis Community and Technical College

Nearby Hospitals
Name Distance
Fairview Southdale Hospital 3.03 mi.
Abbott Northwestern Hospital 5.72 mi.
Childrens Hosp & Clinics Minne 5.89 mi.
Nearby Fire Stations
Name Distance
Richfield Fire Department 0.96 mi.
Bloomington Fire Department 1.6 mi.
City Of Windom Volunteer Fire Department 2.05 mi.
FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 3 units available for move-in over the next 2 months. 2 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units are 724 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units starts at $1,300. Portland Terrace has 2 bedroom units available starting at $1,300.
Where is this property located?
This property is at 7232 Portland Ave in Richfield, MN. It's 0.8 miles southeast from the center of Richfield.
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