
Cheap Apartments for Rent in Saint Michael, MN from $1,075 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Saint Michael.


11833 Frankfort Pkwy NE

11877 Frankfort Pkwy NE

Total Monthly Price
The Dylan Apartments

12824 43rd St NE, Unit KEYSTONE

Countryside Cottages

Town Center Townhomes

Cornerstone Village
Rent According to Income: A Look at Income-Restricted Rentals
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12658 43rd St NE

Westwind Apartments

Bedford Apartments

Fredrik

Total Monthly Price
Monticello Crossings

Rivers Edge Apartments

Total Monthly Price
The Preserve at Commerce

Total Monthly Price
Quest Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Kingston Crossings

16125 72nd St NE

Pheasant Ridge Apartments

Cottages of Albertville Senior Townhomes

8551 Elm St

230 Leighton Dr

13849 Hyacinth Dr

401 Central Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

9358 Ranchview Ln N

208 Lake Blvd S

11966 192nd Ave NW

309 Central Ave

1027 6th Ave NE

9438 Ranchview Ln N

9326 Inland Ln N

9357 Ranchview Ln N
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
Saint Michael, MN Local Guide

How much does it cost to rent an apartment in Saint Michael?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Saint Michael Studio Apartments | $1,528 | $1,440 | $1,678 |
| Saint Michael 1 Bedroom Apartments | $1,607 | $1,075 | $1,921 |
| Saint Michael 2 Bedroom Apartments | $1,904 | $1,200 | $2,270 |
| Saint Michael 3 Bedroom Apartments | $2,198 | $1,650 | $2,605 |
Browse Top Apartments in Saint Michael
See all Apartments in Saint MichaelExplore Saint Michael
Saint Michael, MN Local Guide
- Saint Michael Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Saint Michael, MN
Pricing Updated: 09/05/2026Current apartment rentals in the Saint Michael, MN area range in price from $1,075 to $1,970 with an overall median price of $1,587. Here is today’s list neighborhoods with the lowest median pricing for Saint Michael Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Meadow Pond | $1,587 | $1,075 | 5 |
Cheapest Available Saint Michael Apartments for Rent
 The cheapest available apartment rental in Saint Michael, MN is a Studio unit found at Fredrik in the Brockton Meadows neighborhood priced from $1,440. Bedford Apartments in the Meadow Pond neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,475. Here is today’s list of the most affordable Saint Michael apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fredrik | Marlowe (A1) | Studio,1BA | $1,440 |
| Bedford Apartments | 2 BR/1 BA | 2BR,1BA | $1,475 |
| Village at Town Center - St. Michael | 4B2HC | 1BR,1BA | $1,515 |
| The Preserve at Commerce | Andover | 1BR,1BA | $1,619 |
| The Dylan Apartments | Solitude Sanctuary | 1BR,1BA | $1,630 |
| Cornerstone Village | 2 Bedroom | 2BR,2BA | $1,709 |
| Quest Apartments | 1 Bedroom A4 | 1BR,1BA | $1,865 |
| Kingston Crossings | 2Bed - 2Bath | 2BR,2BA | $1,895 |
| Monticello Crossings | C1 | 3BR,2BA | $2,046 |
| Townhomes at Preserve | Townhomes at Preserve | 3BR,2BA | $2,575 |
Best Value Apartments for Rent in Saint Michael, MN
As of September 05, 2026 the best value apartment in the Saint Michael area is the $1.34 price per square foot Townhomes at Preserve Model at Townhomes at Preserve in the in the Brockton Meadows neighborhood starting from $2,575. The second greatest value Saint Michael apartment is the D3 - Northport Model at The Preserve at Albertville starting at $3,220 with a $1.71 price per square foot in the Meadow Pond neighborhood. Here is today’s list of the best values for Saint Michael apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Townhomes at Preserve | Townhomes at Preserve | 3BR,2.5BA | $1.34 |
| The Preserve at Albertville | D3 - Northport | 3BR,2.5BA | $1.71 |
| Monticello Crossings | C1 | 3BR,2BA | $1.60 |
| Cornerstone Village | 2 Bedroom | 2BR,2BA | $1.60 |
| Kingston Crossings | 2Bed - 2Bath | 2BR,2BA | $1.81 |
| Quest Apartments | 1 Bedroom A4 | 1BR,1BA | $1.96 |
| The Preserve at Commerce | Camelia | 1BR,1BA | $1.98 |
| Bedford Apartments | 2 BR/1 BA | 2BR,1BA | $1.67 |
| The Dylan Apartments | Solitude Sanctuary | 1BR,1BA | $2.16 |
| Village at Town Center - St. Michael | 3B2-HC | 1BR,1BA | $2.21 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Saint Michael, MN
Big Woods Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Saint Michael, MN Rentals by Map
See the most popular apartments and homes in Saint Michael, MN
Frequently Asked Questions about Cheap Saint Michael Apartments
What is the price of a cheap apartment in Saint Michael?
The cheapest apartment in Saint Michael is Village at Town Center - St. Michael which is listed at $1,515, while the average apartment in Saint Michael costs $1,587.
What types of apartments are the cheapest in Saint Michael?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Saint Michael that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Saint Michael?
Cheap apartments in Saint Michael have an average cost of $863 which is $724 cheaper than the average rent for all rentals in Saint Michael.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.