
Cheap Apartments for Rent in Saint Michael, MN from $1,000 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Saint Michael.


Village at Town Center - St. Michael

11877 Frankfort Pkwy NE

Countryside Cottages

Town Center Townhomes

Cornerstone Village

Westwind Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Bedford Apartments

Fredrik

Total Monthly Price
Monticello Crossings

Rivers Edge Apartments

Total Monthly Price
The Preserve at Commerce

Kingston Crossings

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.

16125 72nd St NE

Pheasant Ridge Apartments

Cottages of Albertville Senior Townhomes

8551 Elm St

127 Jerry Liefert Dr

860 Independence Dr

1005 6th Ave NE
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.

1027 6th Ave NE

716 Washington Ct NW
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 | $1,477 | $1,430 | $1,615 |
| Saint Michael 1 Bedroom Apartments | $1,600 | $1,075 | $2,012 |
| Saint Michael 2 Bedroom Apartments | $1,869 | $1,200 | $2,270 |
| Saint Michael 3 Bedroom Apartments | $2,199 | $1,575 | $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
- School Districts
Cheapest Neighborhoods for Apartments in Saint Michael, MN
Pricing Updated: 07/21/2026Current apartment rentals in the Saint Michael, MN area range in price from to with an overall median price of . 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 | $1,710 | $1,075 | 9 |
Cheapest Available Saint Michael Apartments for Rent
 The cheapest available apartment rental in Saint Michael, MN is a 2 Beds unit found at Pheasant Ridge Apartments in the Towne Lakes neighborhood priced from $1,160. Bedford Apartments in the Meadow Pond neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. Here is today’s list of the most affordable Saint Michael apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pheasant Ridge Apartments | 2 Bedroom - N/A | 2BR,1BA | $1,160 |
| Bedford Apartments | 1 BR/1 BA | 1BR,1BA | $1,215 |
| Fredrik | Rowley (A3) | Studio,1BA | $1,430 |
| The Dylan Apartments | Cozy Haven | Studio,1BA | $1,432 |
| Monticello Crossings | S4 | Studio,1BA | $1,521 |
Best Value Apartments for Rent in Saint Michael, MN
As of July 22, 2026 the best value apartment in the Saint Michael area is the $1.59 price per square foot E1 - Empire Model at The Preserve at Albertville in the in the Meadow Pond neighborhood starting from $3,392. The second greatest value Saint Michael apartment is the Townhomes at Preserve Model at Townhomes at Preserve starting at $2,995 with a $1.56 price per square foot in the Brockton Meadows 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. |
|---|---|---|---|
| The Preserve at Albertville | E1 - Empire | 4BR,2.5BA | $1.59 |
| Townhomes at Preserve | Townhomes at Preserve | 3BR,2.5BA | $1.56 |
| Cornerstone Village | 2 Bedroom | 2BR,2BA | $1.59 |
| Kingston Crossings | 2Bed - 2Bath | 2BR,2BA | $1.81 |
| Quest Apartments | 1 Bedroom A6 | 1BR,1BA | $2.16 |
| The Preserve at Commerce | Azalea | 1BR,1BA | $2.04 |
| Monticello Crossings | S4 | Studio ,1BA | $2.08 |
| Bedford Apartments | 1 BR/1 BA | 1BR,1BA | $1.80 |
| The Dylan Apartments | Cozy Haven | Studio ,1BA | $2.19 |
| Pheasant Ridge Apartments | 2 Bedroom - N/A | 2BR,1BA | $1.95 |
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 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
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 a cheap apartment in Saint Michael?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Saint Michael is under $2,995.
What is the price of a cheap apartment in Saint Michael?
The cheapest apartment in Saint Michael is Bedford Apartments which is listed at $1,215, while the average apartment in Saint Michael costs $1,710.
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 8 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 $930 which is $780 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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.