Cheap Homes for Rent in Saint Michael, MN from $1,000 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 406 E River St

406 E River St

MonticelloMN55362
property at 225 3rd St E

225 3rd St E

MonticelloMN55362
property at 11397 16th St NE

11397 16th St NE

Saint MichaelMN55376

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.

property at 5777 Spirit Hills Rd

5777 Spirit Hills Rd

MonticelloMN55362
property at 6583 Linwood Drive

6583 Linwood Drive

AlbertvilleMN55301
property at 6393 Wildwood Way

6393 Wildwood Way

MonticelloMN55362
property at 420 Lexington Ave

420 Lexington Ave

Big LakeMN55309

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.

Saint Michael, MN Local Guide

Cheapest Neighborhoods for Apartments in Saint Michael, MN

Pricing Updated: 10/24/2025

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$1,775$1,07512

Cheapest Available Saint Michael Apartments for Rent

 

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 $1,335. Cornerstone Village in the Meadow Pond neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,338. Here is today’s list of the most affordable Saint Michael apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Monticello CrossingsS4Studio,1BA$1,335
Cornerstone Village1 Bedroom1BR,1BA$1,338
Fredrik ApartmentsRowley (A3)Studio,1BA$1,415

Best Value Apartments for Rent in Saint Michael, MN

As of October 25, 2025 the best value apartment in the Saint Michael area is the $2.13 price per square foot C1 - Leland Model at The Preserve at Albertville in the in the Meadow Pond neighborhood starting from $2,712. The second greatest value Saint Michael apartment is the Yukon Model at The Preserve at Commerce starting at $2,203 with a $1.88 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Preserve at AlbertvilleC1 - Leland2BR,2BA$2.13
The Preserve at CommerceYukon3BR,1BA$1.88
Albertville MeadowsThree Bedroom Apartment - A3BR,1BA$1.69
Rivers Edge Apartments1 Bedroom 1 Bathroom + Den1BR,1BA$1.82
Cornerstone Village1 Bedroom1BR,1BA$1.56
Quest1 Bedroom A51BR,1BA$2.05
Village at Town Center - St. Michael2B31BR,1BA$2.04
The Dylan ApartmentsCozy HavenStudio ,1BA$2.22
Monticello CrossingsS2Studio ,1BA$2.25
Fredrik ApartmentsRowley (A3)Studio ,1BA$2.62

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Saint Michael, MN Rentals by Map

View Map
Saint Michael, MN Apartments Map
View Map
Saint Michael, MN Rental Homes Map

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 $2,975. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Saint Michael ranging from $1,000 to $6,000.

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 $1,000 to $6,000 with an average monthly rent of $2,386.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.