Home prices
The median home cost in St. Michael is $270,600. In comparison to nearby areas it is roughly $43,260 (13%) lower.It is approximately $53,100 (24%) higher in comparison to the entire nation, and it is approximately $19,000 (7%) higher compared to the city of Minneapolis.
Rents
St. Michael's median rent is $1,078 per month. It is is very similar in comparison to its nearby areas.It is roughly $16 (1%) higher in comparison to the nation as a whole, and in comparison to the city of Minneapolis is approximately $51 (4%) higher.
Nearby places
Albertville
Albertville is St. Michael's neighbor to the northeast. Real estate prices there are a bit less expensive. Albertville's median home value is $250,400, which is $20,200 (8%) lower than St. Michael. Rent there is somewhat less expensive. Albertville's median rent is $970 a month, which comes out to $108 (11%) lower than St. Michael.
Hanover
Hanover is St. Michael's neighbor to the southeast. The real estate prices there are somewhat more expensive. The median home in Hanover costs $297,800, which comes out to $27,200 (9%) higher than St. Michael. Its rents are significantly less expensive. Hanover's median monthly rent is $589, which works out to $489 (83%) lower than St. Michael.
Rogers
Rogers is St. Michael's neighbor to the east. Its housing prices are a bit more expensive. The median home in Rogers costs $331,200, which comes out to $60,600 (18%) higher than St. Michael. Its rents are a little more expensive. In Rogers the median rent is $1,162 per month, which works out to $84 (7%) higher than St. Michael.
Otsego
Otsego is St. Michael's neighbor to the northeast. Its real estate prices are pretty similar. The median home in Otsego is valued at $261,600, which works out to $9,000 (3%) lower than St. Michael. The rent there is somewhat more expensive. Otsego's median rent is $1,362 a month, which is $284 (20%) higher than St. Michael.
Greenfield
Greenfield is about 6 miles south from St. Michael. Real estate prices there are significantly more expensive. The median home in Greenfield costs $428,300, which comes out to $157,700 (36%) higher than St. Michael. Rents there are a bit more expensive. Greenfield's median rent is $1,313 a month, which works out to $235 (17%) higher than St. Michael.
