Cheap Homes for Rent in Saint Michael, MN from $1,500 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in Saint Michael.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 225 3rd St E

225 3rd St E

MonticelloMN55362

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Saint Michael, MN Local Guide

Cheapest Neighborhoods for Apartments in Saint Michael, MN

Pricing Updated: 06/27/2025

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:

NeighborhoodMedian PriceMin PriceAvailable Units
Meadow Pond$3,140$1,75015

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 $1,140. Fredrik Apartments in the Brockton Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,435. Here is today’s list of the most affordable Saint Michael apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pheasant Ridge Apartments2 Bedroom - N/A2BR,1BA$1,140
Fredrik ApartmentsRowley (A3)Studio,1BA$1,435
Monticello CrossingsA31BR,1BA$1,530

Best Value Apartments for Rent in Saint Michael, MN

As of June 27, 2025 the best value apartment in the Saint Michael area is the $1.51 price per square foot Townhomes at Preserve Model at Townhomes at Preserve in the in the Brockton Meadows neighborhood starting from $2,895. The second greatest value Saint Michael apartment is the C1 - Leland Model at The Preserve at Albertville starting at $2,712 with a $2.13 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Townhomes at PreserveTownhomes at Preserve3BR,2.5BA$1.51
The Preserve at AlbertvilleC1 - Leland2BR,2BA$2.13
Kingston CrossingsTwo Bedroom/Two Bathroom B2BR,2BA$1.76
The Dylan ApartmentsZen Den1BR,2BA$2.07
The Preserve at CommerceAzalea1BR,1BA$1.93
Pheasant Ridge Apartments2 Bedroom - N/A2BR,1BA$1.43
Monticello CrossingsA31BR,1BA$2.01
Fredrik ApartmentsMarlowe (A1)Studio ,1BA$2.72

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Frequently Asked Questions about Saint Michael

What type of rentals are currently available in Saint Michael?

There are currently 37 Apartments for Rent in Saint Michael, MN with pricing that ranges from $1,075 to $4,395. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Saint Michael ranging from $1,500 to $3,442.

What is the current price range for Rental Homes in Saint Michael?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Saint Michael ranges from $1,500 to $3,442 with an average monthly rent of $2,611.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.