Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the St. Michael area can be challenging. Home prices in St. Michael are now at a median cost of $319,085, higher than the Minnesota average of $269,934.
The average cost of rent is $1,175/mo in St. Michael, primarily driven by the current value of real estate in the St. Michael area. While nearly 25.46% of residents own their homes outright in St. Michael, 7.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in St. Michael is $10,260 per month. Households that rent pay about 11.46% of their income on rent here. St. Michael's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Albertville, MN: less expensive homes
- Hanover, MN: equally priced homes
- Rogers, MN: higher priced homes
- Otsego, MN: equally priced homes
- Corcoran, MN: higher priced homes
- Loretto, MN: higher priced homes
- Greenfield, MN: higher priced homes
- Elk River, MN: less expensive homes
- Monticello, MN: less expensive homes
- Rockford, MN: less expensive homes
Cities with Similar Populations
- Cairo, GA: less expensive homes
- Centerville, UT: higher priced homes
- Centerton, AR: less expensive homes
- Celina, TX: higher priced homes
- Cedarburg, WI: equally priced homes
- Cedar Lake, IN: less expensive homes
- Carnegie, PA: less expensive homes
- Cantonment, FL: less expensive homes
- Cambridge, OH: less expensive homes
- Camano Island, WA: higher priced homes
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