Search the lowest-cost Apartments available for rent right now in Saint Michael.
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.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Saint Michael Studio Apartments | $1,479 | $1,364 | $1,670 |
| Saint Michael 1 Bedroom Apartments | $1,630 | $1,075 | $2,012 |
| Saint Michael 2 Bedroom Apartments | $1,829 | $1,100 | $2,284 |
| Saint Michael 3 Bedroom Apartments | $2,241 | $1,710 | $2,625 |
Current 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 | $1,830 | $1,075 | 9 |
The cheapest available apartment rental in Saint Michael, MN is a Studio unit found at Monticello Crossings in the Clemens Munsinger Gardens neighborhood priced from $1,366. Bedford Apartments in the Meadow Pond neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,425. Here is today’s list of the most affordable Saint Michael apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monticello Crossings | S1 | Studio,1BA | $1,366 |
| Bedford Apartments | 2 BR/1 BA | 2BR,1BA | $1,425 |
| Fredrik | Marlowe (A1) | Studio,1BA | $1,440 |
| The Dylan Apartments | Harmony Studio | Studio,1BA | $1,472 |
| Rivers Edge Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,550 |
| Quest Apartments | 1 Bedroom A5 | 1BR,1BA | $1,640 |
| Cornerstone Village | 2 Bedroom | 2BR,2BA | $1,709 |
| The Preserve at Commerce | Camelia | 1BR,1BA | $1,779 |
| Kingston Crossings | 2Bed - 2Bath | 2BR,2BA | $1,870 |
| The Preserve at Albertville | D3 - Northport | 3BR,2BA | $3,242 |
As of April 15, 2026 the best value apartment in the Saint Michael area is the $1.90 price per square foot D2 - Suttons Model at The Preserve at Albertville in the in the Meadow Pond neighborhood starting from $3,257. The second greatest value Saint Michael apartment is the 3 BR/2 BA fmr Model at Bedford Apartments starting at $1,815 with a $1.66 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. |
|---|---|---|---|
| The Preserve at Albertville | D2 - Suttons | 3BR,2.5BA | $1.90 |
| Bedford Apartments | 3 BR/2 BA fmr | 3BR,2BA | $1.66 |
| Cornerstone Village | 2 Bedroom | 2BR,2BA | $1.59 |
| Kingston Crossings | 2Bed - 2Bath | 2BR,2BA | $1.78 |
| Quest Apartments | 1 Bedroom A4 | 1BR,1BA | $2.11 |
| The Preserve at Commerce | Camelia | 1BR,1BA | $1.88 |
| Rivers Edge Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.04 |
| Monticello Crossings | S2 | Studio ,1BA | $2.36 |
| Fredrik | Marlowe (A1) | Studio ,1BA | $2.64 |
| The Dylan Apartments | Harmony Studio | Studio ,1BA | $3.32 |
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Read ArticleThe 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.
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See the most popular apartments and homes in Saint Michael, MN
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Saint Michael is under $3,242.
The cheapest apartment in Saint Michael is Rivers Edge Apartments which is listed at $1,550, while the average apartment in Saint Michael costs $1,830.
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 7 regular apartments in Saint Michael that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Saint Michael have an average cost of $685 which is $1,145 cheaper than the average rent for all rentals in Saint Michael.
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.
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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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