Cheap Apartments for Rent in Karlstad, MN from $400 (47 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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River Falls Estates
$859 - $1,110
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$859 - $1,110
Total Monthly Price
$859 - $1,110
1 to 2 Bedroom Apartments Available Now

River Falls Estates

925 Alice DrThief River Falls, MN 56701
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  • Utilities Included
  • Smoke Free
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Tamarack Place
$980 - $1,173
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$880 - $1,073
Required Monthly Fees
$100
Total Monthly Price
$980 - $1,173
1 to 3 Bedroom Apartments Available Now

Tamarack Place

1105 3rd Ave SWRoseau, MN 56751
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  • Utilities Included
  • Low Income

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 411 River St NE

$1,145

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,145
Total Monthly Price
$1,145

2 Bedroom, 1 Bath Condo for Rent

Available Now

411 River St NE, Unit 14

411 River St NE
WarroadMN56763

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 1703 S 35th St

$1,600 - $2,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,000
Total Monthly Price
$1,600 - $2,000

2 To 3 Bedroom Homes for Rent

Available Now

1703 S 35th St

Grand ForksND58201
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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
Senior Living
  • 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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715 N 40th St
1 to 3 Bedroom Apartments

715 N 40th St

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Heritage Highlands
Studio to 3 Bedroom Apartments

Heritage Highlands

1115 3rd Ave NWEast Grand Forks, MN 56721
  • Utilities Included
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Country View
2 to 3 Bedroom Apartments

Country View

1810 5th Ave NEEast Grand Forks, MN 56721
property at 122 Vance Ave N

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

3 Bedroom, 1.5 Bath Home for Rent

Available Sep 1

122 Vance Ave N

ErskineMN56535
property at 403 Park Ave NW

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

403 Park Ave NW

BemidjiMN56601

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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property at 104 Lake Shore Dr NE

$1,600

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

1 Bedroom, 1 Bath Townhome for Rent

Available Now

104 Lake Shore Dr NE

BemidjiMN56601
Showing Results 1-47, Page 1 of 1

Karlstad, MN Local Guide

Cheapest Available Karlstad Apartments for Rent and Nearby

 

The cheapest available apartment rental in Karlstad, MN is a 4 Beds unit found at The Boden priced from $470. White House and Blair House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here is today’s list of the most affordable Karlstad apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The BodenUnit D4BR,2BA$470
White House and Blair HouseBlair House Single Bedroom1BR,1BA$690
Dakota at 55th3 Bed 2 Bath3BR,2BA$740
Oakwood Homes1B Apartment1BR,1BA$773
Prairie RoseTwo Bedroom Apartment2BR,1BA$823
Block VSTUDIO/1BAStudio,1BA$850
Tamarack Place2 Bedroom2BR,1BA$980
Wheatland Estates2 Bed 2 Bath2BR,2BA$995
Southwood Park TownhomesSherwood 2 bedroom2BR,1BA$1,080
Eleven01 ApartmentsB11BR,1BA$1,086

Best Value Apartments for Rent in Karlstad, MN and Nearby

As of August 08, 2026 the best value apartment in the Karlstad area is the $0.88 price per square foot Southwood 3 bedroom Model at Southwood Park Townhomes in the starting from $1,179. The second greatest value Karlstad apartment is the 3 Bed/2 Bath | 1,334 SF Model at Northern Heights Apartments starting at $1,670 with a $1.25 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.
Southwood Park TownhomesSouthwood 3 bedroom3BR,1.5BA$0.88
Northern Heights Apartments3 Bed/2 Bath | 1,334 SF3BR,2BA$1.25
Campus Place ApartmentsCP3 - 3 Bed/2 Bath | 1,240 SF3BR,2BA$1.21
Dakota at 55th3 Bed 2 Bath3BR,2BA$0.66
West River Falls110-1032BR,2BA$1.28
Tamarack Place2 Bedroom2BR,1BA$1.09
Wheatland Estates2 Bed 2 Bath2BR,2BA$1.11
Prairie RoseThree Bedroom Apartment3BR,1BA$1.08
Oakwood Homes1B Apartment1BR,1BA$1.03
White House and Blair HouseBlair House Single Bedroom1BR,1BA$1.25

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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

Explore Karlstad, MN Rentals by Map

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See the most popular apartments and homes in Karlstad, MN

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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 $690 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 $823 at Prairie Rose.

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

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.