At $1,915/mo, rent takes about 32% of the US median household income, slightly above the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,915 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Saint Michael changed +5.2% over the year to September 2026. Across the 53 Minnesota cities Zillow tracks, the typical change was +3.4%.
Rent rose in 6 of the last 12 months.
Buffalo, 8 miles away, rents for 13% less ($1,663/mo), about $3,000 a year in savings.
From Zillow's monthly rent index (ZORI) for Saint Michael.
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At $1,915/mo, how Saint Michael rent compares to typical pay (30% rule).
Saint Michael rent by bedroom count
Median rent for each apartment size in Saint Michael. Click any size for full breakdown.
Tips for renters in Saint Michael
Last updated: October 17, 2026
The median rent in Saint Michael is $1,915/mo as of October 2026. A studio apartment averages $1,080/mo while a 2-bedroom runs $1,490/mo. One-bedroom apartments average $1,220/mo and 3-bedroom units go for $1,980/mo.
At 32% of estimated US median household income ($72,000/yr), Saint Michael ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.2% over the past year.
Frequently asked questions
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At $1,915/mo, rent takes ~32% of US median household income ($72,000/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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