Cheap Homes for Rent in Saint Michael, MN from $1,600 (10 Rentals)

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

property at 8627 Woodlawn Dr

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 1 Bath Condo for Rent

Available Now

8627 Woodlawn Dr

RockfordMN55373
property at 1411 2nd Ave S

$1,685

Total Monthly Price

Total Monthly Price

Base Rent
$1,685

Total Monthly Price
$1,685

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

1411 2nd Ave S

BuffaloMN55313
property at 591 William St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 3 Bath Home for Rent

Available Now

591 William St

Big LakeMN55309
property at 9208 Golden Pond Ln N

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

3 Bedroom, 2 Bath Home for Rent

Available Jun 15

9208 Golden Pond Ln N

MonticelloMN55362

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.

property at 9461 Ranchview Ln N

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Townhome for Rent

Available Jun 10

9461 Ranchview Ln N

Maple GroveMN55369
property at 603 William St

$1,925

Total Monthly Price

Total Monthly Price

Base Rent
$1,925

Total Monthly Price
$1,925

3 Bedroom, 3 Bath Home for Rent

Available Jun 1

603 William St

Big LakeMN55309
property at 860 Independence Dr

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom Rentals

Available Now

860 Independence Dr

Big LakeMN55309
property at 6788 Gingham Ct

$2,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 2 Bath Townhome for Rent

Available Jun 1

6788 Gingham Ct

MonticelloMN55362
property at 9012 Garland Ln N

$2,225

Total Monthly Price

Total Monthly Price

Base Rent
$2,225

Total Monthly Price
$2,225

3 Bedroom, 3 Bath Townhome for Rent

Available Jul 1

9012 Garland Ln N

Maple GroveMN55311

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Saint Michael, MN Local Guide

Cheapest Neighborhoods for Apartments in Saint Michael, MN

Pricing Updated: 04/28/2026

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$1,837$1,0758

Cheapest Available Saint Michael Apartments for Rent and Nearby

 

The cheapest available apartment rental in Saint Michael, MN is a Studio unit found at The Dylan Apartments in the Towne Lakes neighborhood priced from $1,381. Fredrik in the Brockton Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,440. Here is today’s list of the most affordable Saint Michael apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Dylan ApartmentsHarmony StudioStudio,1BA$1,381
FredrikMarlowe (A1)Studio,1BA$1,440
Rivers Edge Apartments1 Bedroom 1 Bathroom1BR,1BA$1,550

Best Value Apartments for Rent in Saint Michael, MN and Nearby

As of April 29, 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 $1,830 with a $1.68 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.
The Preserve at AlbertvilleD2 - Suttons3BR,2.5BA$1.90
Bedford Apartments3 BR/2 BA fmr3BR,2BA$1.68
Cornerstone Village2 Bedroom2BR,2BA$1.59
Kingston Crossings2Bed - 2Bath2BR,2BA$1.78
The Preserve at CommerceCamelia1BR,1BA$1.88
Quest Apartments1 Bedroom A51BR,1BA$2.05
Rivers Edge Apartments1 Bedroom 1 Bathroom1BR,1BA$2.04
Monticello CrossingsS2Studio ,1BA$2.48
FredrikMarlowe (A1)Studio ,1BA$2.64
The Dylan ApartmentsHarmony StudioStudio ,1BA$3.12

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

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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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Saint Michael

What type of rentals are currently available in Saint Michael?

There are currently 38 Apartments for Rent in Saint Michael, MN with pricing that ranges from $1,075 to $2,625. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Saint Michael ranging from $1,650 to $18,000.

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 $1,650 to $18,000 with an average monthly rent of $3,637.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.