St. Michael, MN
Full City Profile · Minnesota · Wright County County
3.9
/5.0
B+
Good
19,267
Population
590/sq mi density
$130,814
Median Income
$51,936 per capita
$365,800
Home Value
$375,985 Zillow
$2,038
Median Rent
24.3% income on rent
44°F
Avg Temperature
270 sunny days/yr
41
Violent Crime/100K
2,340 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$130,814 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$365,800 home value, $2,038/mo rent
F
Safety
1.0 / 5.0
41 violent crimes/100K
A+
Education
4.5 / 5.0
44.3% bachelor's degree or higher
Housing Overview
Median Home Value
$365,800
30% above
US avg: $281,900
Median Rent
$2,038/mo
75% above
US avg: $1,163/mo
Homeownership Rate
91.4%
40% above US avg (65.4%)
Total Housing Units
6,704
Median year built: 1998
Home Value by Source
Census Median
$365,800
Zillow (ZHVI)
$375,985
Median Sale Price
$464,000
Median List Price
$519,230
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
91.4%
Owner-Occupied
8.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$2,038/mo
Market Indicators (Redfin)
Median Days on Market
118 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
29
Price Drops
26.8%
of listings with price reduction
Price Per Sq Ft
$178
Active Inventory
97
homes for sale
Affordability & Housing Stock
Rent Burden
24.3%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1998
Average age of housing stock: 28 years
Homeownership Rate
91.4%
Complete Housing Data
Home Values
| Census Median Value | $365,800 |
| Zillow Home Value (ZHVI) | $375,985 |
| Median Sale Price | $464,000 |
| Median List Price | $519,230 |
| Price Per Sq Ft | $178 |
Rent
| Census Median Rent | $2,038 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 118 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 26.8% |
| Homes Sold | 29 |
| Active Inventory | 97 |
| Price Per Sq Ft | $178 |
Ownership & Stock
| Owner-Occupied | 91.4% |
| Renter-Occupied | 8.6% |
| Homeownership Rate | 91.4% |
| Total Housing Units | 6,704 |
| Median Year Built | 1998 |
| Rent Burden | 24.3% |
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