Cheap Apartments for Rent in Karlstad, MN from $500 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Karlstad.

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Green Acres Apartments
2 Bedroom Apartments

Green Acres Apartments

1800 5th Ave NEEast Grand Forks, MN 56721
  • Utilities Included
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Country Acres Apartment
2 Bedroom Apartments

Country Acres Apartment

1918 Greenwood St EThief River Falls, MN 56701
  • Utilities Included

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Karlstad, MN Local Guide

Cheapest Available Karlstad Apartments for Rent and Nearby

 

The cheapest available apartment rental in Karlstad, MN is a Studio unit found at The Boden priced from $200. White House and Blair House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $680. Here is today’s list of the most affordable Karlstad apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The BodenSold OutStudio,1BA$200
White House and Blair HouseBlair House Single Bedroom1BR,1BA$680
Oakwood HomesTownhomes2BR,1BA$713
Southern Manor Apartments2 Bedroom, 1 Bathroom2BR,1BA$775
West River Falls110-106Studio,1BA$875
Tamarack Place2 Bedroom2BR,1BA$895
Wheatland Estates1 Bed, 1 bath1BR,1BA$895
River Falls EstatesUnit 3111BR,1BA$906
Prairie RoseThree Bedroom Apartment3BR,1BA$925
Southwood Park TownhomesSouthwood 2 bedroom2BR,1BA$976

Best Value Apartments for Rent in Karlstad, MN and Nearby

As of August 03, 2025 the best value apartment in the Karlstad area is the $1.09 price per square foot 4BR/1BA Model at Block V in the in the Downtown Grand Forks neighborhood starting from $1,525. The second greatest value Karlstad apartment is the 3 Bed 2 Bath | 1248 sqft Model at McEnroe Place Apartments starting at $1,586 with a $1.27 price per square foot . Here is today’s list of the best values for Karlstad apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Block V4BR/1BA4BR,1BA$1.09
McEnroe Place Apartments3 Bed 2 Bath | 1248 sqft3BR,2BA$1.27
River Falls EstatesUnit 2042BR,2BA$1.06
Southwood Park TownhomesSouthwood 2 bedroom2BR,1.5BA$0.97
Prairie RoseThree Bedroom Apartment3BR,1BA$1.05
Oakwood HomesApartment1BR,1BA$1.02
Eleven01 ApartmentsB.11BR,1BA$1.44
Southern Manor Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.11
Wheatland Estates1 Bed, 1 bath1BR,1BA$1.49
White House and Blair HouseBlair House Single Bedroom1BR,1BA$1.24

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Karlstad, MN Rentals by Map

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Getting Around Karlstad, MN

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Karlstad Apartments

What is the Cheapest Studio apartment in Karlstad?

Currently the most affordable Cheap Studio Apartment in Karlstad is at The Boden listed at $200.

How much is rent for a Cheap One Bedroom Karlstad Apartment?

The lowest price for a Cheap One Bedroom Karlstad Apartment is $680 at White House and Blair House.

What is the lowest price for a Cheap Two Bedroom Karlstad Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Karlstad is starting from $713 at Oakwood Homes.

What is the most affordable Karlstad Three Bedroom Apartment?

The best deal on a cheap Karlstad Three Bedroom Apartment rental is at Prairie Rose and starts from $925.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.