Cheap Apartments for Rent in Karlstad, MN from $500 (42 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 1016 America Ave NW

1016 America Ave NW

BemidjiMN56601

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

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First Street Estates
Rent Specials
$1,010 - $1,170
Total Monthly Price

Total Monthly Price

Base Rent
$965 - $1,125
Required Monthly Fees
$45
Total Monthly Price
$1,010 - $1,170
1 to 2 Bedroom Apartments Available Now

First Street Estates

1611 1st St WThief River Falls, MN 56701
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Pioneer Court A Ltd Ptshp
1 to 2 Bedroom Apartments

Pioneer Court A Ltd Ptshp

1602 Greenwood StThief River Falls, MN 56701
  • Utilities Included
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Green Acres Apartments
1 to 3 Bedroom Apartments

Green Acres Apartments

1800 5th Ave NEEast Grand Forks, MN 56721
  • Utilities Included

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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715 N 40th St
1 to 3 Bedroom Apartments

715 N 40th St

715 N 40th StGrand Forks, ND 58203
  • Utilities Included

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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. Valley Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $662. Here is today’s list of the most affordable Karlstad apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The BodenSold OutStudio,1BA$200
Valley Park Apartments1 Bedroom B1BR,1BA$662
White House and Blair HouseBlair House Single Bedroom1BR,1BA$680
Prairie RoseOne Bedroom1BR,1BA$696
Oakwood HomesTownhomes2BR,1BA$713
Tamarack Place2 Bedroom2BR,1BA$895
Wheatland Estates1 Bed, 1 bath1BR,1BA$895
River Falls EstatesUnit 3111BR,1BA$906
West River Falls110-2051BR,1BA$968
Southwood Park TownhomesSouthwood 2 bedroom2BR,1BA$976

Best Value Apartments for Rent in Karlstad, MN and Nearby

As of September 17, 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 bedroom Model at Heritage Highland II Townhomes starting at $992 with a $0.72 price per square foot in the Downtown Grand Forks neighborhood. 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
Heritage Highland II Townhomes3 bedroom3BR,1.5BA$0.72
Dakota at 55th3 Bed 2 Bath3BR,2BA$0.66
Summerfield Thief River Falls Townhomes2 Beds, 2 baths2BR,2BA$1.02
Southwood Park TownhomesSouthwood 2 bedroom2BR,1.5BA$0.97
River Falls EstatesUnit 3111BR,1BA$0.95
Oakwood HomesApartment1BR,1BA$1.02
Prairie RoseOne Bedroom1BR,1BA$1.21
White House and Blair HouseBlair House Single Bedroom1BR,1BA$1.24
Valley Park Apartments1 Bedroom B1BR,1BA$1.26

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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

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

The lowest price for a Cheap One Bedroom Karlstad Apartment is $656 at Valley Park Apartments.

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 Dakota at 55th and starts from $740.

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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.