8330 Cedar St
RockfordMN55373
Cheap Homes for Rent in Saint Michael, MN from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Saint Michael.
301 3rd St E
MonticelloMN55362
322 Creekside Dr
BuffaloMN55313
821 Creekside Cir
BuffaloMN55313
860 Independence Dr
Big LakeMN55309
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.
4165 Orleans Dr NE
Saint MichaelMN55376
503 Amber Ln
BuffaloMN55313
22167 156th St NW
Elk RiverMN55330
17127 Polk St NW
Elk RiverMN55330
599 William St
Big LakeMN55309
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.
17722 68th Pl N
OsseoMN55311
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Saint Michael, MN Local Guide
How much does it cost to rent a home in Saint Michael?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Saint Michael 2 Bedroom Homes for Rent | $1,920 | $900 | $2,900 |
| Saint Michael 3 Bedroom Homes for Rent | $2,847 | $1,700 | $10,000+ |
| Saint Michael 4 Bedroom Homes for Rent | $3,103 | $2,400 | $5,375 |
| Saint Michael 5 Bedroom Homes for Rent | $3,300 | $2,600 | $3,600 |
| Saint Michael 6 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Saint Michael
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Saint Michael, MN Local Guide
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Cheapest Neighborhoods for Apartments in Saint Michael, MN
Pricing Updated: 06/13/2026Current 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 | $1,725 | $1,075 | 6 |
Cheapest Available Saint Michael Apartments for Rent
The cheapest available apartment rental in Saint Michael, MN is a 3 Beds unit found at Pheasant Ridge Apartments in the Towne Lakes neighborhood priced from $1,210. Fredrik in the Brockton Meadows neighborhood has the second lowest priced unit, which is a Studio 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 |
|---|---|---|---|
| Pheasant Ridge Apartments | 3 Bedroom - N/A | 3BR,1BA | $1,210 |
| Fredrik | Marlowe (A1) | Studio,1BA | $1,425 |
| Bedford Apartments | 2 BR/1 BA | 2BR,1BA | $1,475 |
| Quest Apartments | 1 Bedroom A5 | 1BR,1BA | $1,640 |
| Cornerstone Village | 2 Bedroom | 2BR,2BA | $1,709 |
Best Value Apartments for Rent in Saint Michael, MN
As of June 13, 2026 the best value apartment in the Saint Michael area is the $2.04 price per square foot D1 - Traverse Model at The Preserve at Albertville in the in the Meadow Pond neighborhood starting from $2,962. The second greatest value Saint Michael apartment is the C2 Model at Monticello Crossings starting at $2,321 with a $1.65 price per square foot in the Clemens Munsinger Gardens 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 | D1 - Traverse | 3BR,2BA | $2.04 |
| Monticello Crossings | C2 | 3BR,2BA | $1.65 |
| Cornerstone Village | 2 Bedroom | 2BR,2BA | $1.59 |
| The Preserve at Commerce | Bentley | 2BR,1BA | $1.87 |
| Pheasant Ridge Apartments | 3 Bedroom - N/A | 3BR,1BA | $1.21 |
| The Dylan Apartments | Tranquil Den | 2BR,2BA | $2.08 |
| Quest Apartments | 1 Bedroom A6 | 1BR,1BA | $2.16 |
| Bedford Apartments | 2 BR/1 BA | 2BR,1BA | $1.67 |
| Fredrik | Rowley (A3) | Studio ,1BA | $2.64 |
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
Real 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.
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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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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 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 $2,595. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Saint Michael ranging from $900 to $10,500.
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 $900 to $10,500 with an average monthly rent of $2,814.
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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.