St. Michaels: Housing & Real Estate
The median St. Michaels home is valued at $202,500 (estimated market value runs 23% higher at $249,026), with median rent $839 (1.3× higher than Apache County median $635; 1.5× below Arizona median $1,297). Homeownership rate: 90.6%. That's 3.2× higher than the Apache County median ($62,400); 1.6× below the Arizona median ($325,260). Market is warm. Vacancy rate 32.6%. New construction makes up 12.7% of stock. A municipal building code is in effect.
- 3.1× annual income — home value vs. household income (vs Arizona 4.0×).
- 20.1 years to break even renting at the median (vs Arizona 21y).
- 4-BR rent is 2.3× a studio — rent gradient by unit size.
- Median rent 28% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $202,500 — 0.6× the Arizona median ($325,260). Median rent $839/month. homeownership rate 90.6% — above the U.S. share of ~65%.
| Affordability · Home Price To Income | 3.1× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 15.7% |
| Affordability · Rent Affordability | affordable |
| Affordability · Poverty Rate | 13.9% |
| Fair Market Rent · Studio rent | $810 |
| Fair Market Rent · One-bedroom rent | $903 |
| Fair Market Rent · Two-bedroom rent | $1,175 |
| Fair Market Rent · Three-bedroom rent | $1,599 |
| Fair Market Rent · Four-bedroom rent | $1,828 |
| Fair Market Rent · HUD FMR area | Apache County, AZ |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $249,026 |
| Median Home Value | $202,500 (vs Arizona $325,260) |
| Median Rent | $839 (vs Arizona $1,297) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 32.6% |
| Housing Market · New construction (% of stock) | 12.7% |
| Housing Market · Price Appreciation 2Yr | 9.3% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 0.0% |
| Broadband · Broadband-capable premises | 517 |
| Electricity · Electricity rate (¢/kWh) | 14.91¢/kWh |
| Electricity · Customers | 3,134,733 |
| Electricity · Revenue Millions | $6,028 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 100% |
| Mobile Broadband · 4G mobile coverage | 100% |
| Mobile Broadband · 5G mobile coverage | 1% |
| Mobile Home Parks Detail · County total | 12 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 90.6% |
|---|---|
| Median Year Built | 1998 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12