States › Minnesota › St. Michael

Is St. Michael, MN expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,56811% lower than U.S. average
💵 Families earn per year (2026)$141,579about $11,798/month · 63% higher than U.S. average
🔑 House price$390,10017% higher than U.S. average

Rent is lower than in 54% of U.S. cities. Household incomes are higher than in 87% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (90.1%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $62,720 a year. That is $30 an hour at a full-time job.

Is rent cheaper than other Minnesota cities?

No. Rent here is more expensive than in most of Minnesota. It is number 81 of 150 cities from cheapest to most expensive.

St. Michael
$1,568
Sartell
$1,073
South St. Paul
$1,433
Stillwater
$1,872
Forest Lake
$1,778
Northfield
$1,835
New Hope
$1,604

How much do households earn in St. Michael?

Under $25k
3.5%
$25k–50k
7.5%
$50k–100k
30.5%
$100k–150k
35.2%
$150k+
20.9%

Share of households by yearly income. 56.1% of households earn $100,000 or more.

Rent by apartment size in St. Michael

SizeSt. MichaelU.S. average
2 bedrooms$1,513$1,509
4 bedrooms$2,868$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is St. Michael overall?

Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).

Housing
91
Goods (food, clothes…)
101
Utilities
91
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for St. Michael, so the Minnesota figure is shown.

Taxes and bills in St. Michael

🏛️ Property tax$4,205a year · 1.08% of home value · U.S. $3,119
⚡ Electric bill$141a month (typical) · U.S. $156

Life in St. Michael

Commute to work29 minU.S.: 26.4 min
College degree43.7%U.S.: 35.7%
Own their home90.1%U.S.: 65.2%
Below poverty line3.2%U.S.: 12.5%
Unemployment2.9%U.S.: 5.2%

Is it cheaper to rent or buy in St. Michael?

Renting is cheaper right now: about $1,139 a month less.

Renting
$1,568
Owning
$2,707

Owning assumes a typical $390,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,010 for the down payment.

Frequently asked questions

What is the average rent in St. Michael, MN?

Renting in St. Michael costs a median of about $1,568 a month in 2026, including utilities. The Minnesota median is $1,525.

How much do I need to make to live in St. Michael?

To keep rent under 30% of income, you need about $62,720 a year, or $30 an hour at a full-time job.

Is St. Michael cheap or expensive?

St. Michael is rated Cheap: rent takes 13.3% of the typical household income of $141,579. It ranks 81st cheapest of 150 Minnesota cities we track.

How much are property taxes in St. Michael?

The median homeowner in St. Michael pays $4,205 a year in property taxes, about 1.08% of the median home value.

Is St. Michael more expensive than the national average?

Overall prices in Minnesota are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in St. Michael?

The median home value in St. Michael is $390,100, about 2.8 times the typical yearly household income.

20,010 people live in St. Michael. Numbers are typical (middle) values.