The median home in Saint Michael, Minnesota is valued at $420,154, down 0.3% year over year. Typical monthly rent is $1,746, producing a price-to-rent ratio of 20.1x — well above the national average of 18x. Saint Michael is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Minneapolis-St. Paul-Bloomington, MN-WI stress score, crash risk, and 12-month forecast →

Home Value$420,154

-0.3%

Rent$1,746/mo

AFFORDABILITY

Enter your income for Saint Michael.

Income (annual)

Down Payment

$84,031 on $420,154

Out of reach — 42.7% of income

Need $114,300/yr to afford.

PITI$2,667

P/I42.7%

Afford$276K

Gap-$144K

P&I $2,125Tax $392Ins $150

Renting $921/mo cheaper ($1,746 rent)6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Saint Michael with other housing markets across Minnesota.

Minnetonka Beach$2220K Woodland$1619K Greenwood$1602K Sunfish Lake$1156K Orono$1084K Medicine Lake$1082K Tonka Bay$1059K Deephaven$1018K

Full Minneapolis-St. Paul-Bloomington, MN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Minneapolis-St. Paul-Bloomington, MN-WI metro.

View Minneapolis-St. Paul-Bloomington, MN-WI metro →

SAINT MICHAEL, MN