Cheap Apartments for Rent in Karlstad, MN from $470 (45 Rentals)

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

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Oakwood Homes
Rent Specials
$766 - $899

Total Monthly Price

Base Rent$766 - $899

Total Monthly Price$766 - $899
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Oakwood Homes

408 Washington Ave WKarlstad, MN 56732
  • Verified
  • Utilities Included
  • Low Income
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Parkwood Apartments
$695 - $895

Total Monthly Price

Base Rent$695 - $895

Total Monthly Price$695 - $895
12 Month Lease Term
2 Bedroom Apartments Available Now

Parkwood Apartments

624 Kinney Ave NThief River Falls, MN 56701
  • Verified
  • Utilities Included
  • Low Income
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Prairie Rose
Rent Specials
$696 - $951

Total Monthly Price

Base Rent$696 - $951

Total Monthly Price$696 - $951
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Prairie Rose

200 9th St SWRed Lake Falls, MN 56750
  • Verified
  • Utilities Included
  • Low Income

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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Green Acres
$850

Total Monthly Price

Base Rent$850

Total Monthly Price$850
12 Month Lease Term
2 Bedroom Apartments Available Soon

Green Acres

1800 5th Ave NEEast Grand Forks, MN 56721
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 514 Conley Ave S
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
12 Month Lease Term
3 Bedroom, 1 Bath Home for Rent
Available Now

514 Conley Ave S

Thief River FallsMN56701
  • Smoke Free
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First Street Estates
$920 - $1,250

Total Monthly Price

Base Rent$920 - $1,250

Total Monthly Price$920 - $1,250
1 to 3 Bedroom Apartments Available Nov 8

First Street Estates

1611 1st St WThief River Falls, MN 56701
Student Housing
  • Verified
  • Utilities Included
  • Smoke Free
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Wheatland Estates
Rent Specials
$995 - $1,095

Total Monthly Price

Base Rent$995 - $1,095

Total Monthly Price$995 - $1,095
2 Bedroom Apartments Available Oct 8

Wheatland Estates

106 Cottonwood Ave NThief River Falls, MN 56701
  • Verified
  • Utilities Included
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West River Falls
$997 - $1,283

Total Monthly Price

Base Rent$997 - $1,283

Total Monthly Price$997 - $1,283
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

West River Falls

210 Ruby Ave NThief River Falls, MN 56701
  • Verified
  • Utilities Included

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Southwood Park Townhomes
Rent Specials
$1,024 - $1,223

Total Monthly Price

Base Rent$1,024 - $1,223

Total Monthly Price$1,024 - $1,223
12 Month Lease Term
2 to 4 Bedroom Apartments Available Now

Southwood Park Townhomes

1601 Greenwood StThief River Falls, MN 56701
  • Verified
  • Utilities Included
  • Low Income
property at 3407 15th St NW
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
8 Month Lease Term
2 Bedroom, 1 Bath Townhome for Rent
Available Oct 1

3407 15th St NW, Unit Grant Valley

3407 15th St NW
BemidjiMN56601
  • Smoke Free
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Tamarack Place
$1,113 - $1,439

Total Monthly Price

Base Rent$1,013 - $1,339
Required Monthly Fees$100

Total Monthly Price$1,113 - $1,439
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Tamarack Place

1105 3rd Ave SWRoseau, MN 56751
  • Verified
  • Utilities Included
  • Low Income
property at 215 5th St W
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
12 Month Lease Term
3 Bedroom, 1.5 Bath Home for Rent
Available Now

215 5th St W

Thief River FallsMN56701

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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.

property at 606 Tindolph Ave S
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
12 Month Lease Term
3 Bedroom, 1.5 Bath Home for Rent
Available Nov 1

606 Tindolph Ave S

Thief River FallsMN56701
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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

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

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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 4 Beds unit found at The Boden priced from $470. Parkwood Senior Living 55+ has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here is today’s list of the most affordable Karlstad apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The BodenUnit D4BR, 2BA$470
Parkwood Senior Living 55+EFF/1B SMStudio, 1BA$600
White House and Blair HouseBlair House Single Bedroom1BR, 1BA$690
Parkwood Apartments2 Beds, 1 bath2BR, 1BA$695
Prairie RoseOne Bedroom1BR, 1BA$696
St. Gabriel Apartments1 bed 1 bath1BR, 1BA$700
Oakwood Homes1B Apartment1BR, 1BA$773
Block VSTUDIO/1BAStudio, 1BA$850
West River Falls210-1111BR, 1BA$997
Southwood Park TownhomesSouthwood 2 bedroom2BR, 1BA$1,024

Best Value Apartments for Rent in Karlstad, MN and Nearby

As of September 22, 2026 the best value apartment in the Karlstad area is the $1.25 price per square foot 3 Bed/2 Bath | 1,334 SF Model at Northern Heights Apartments in the Downtown Grand Forks neighborhood starting from $1,670. The second greatest value Karlstad apartment is the CP4 - 3 Bed/2 Bath | 1,240 SF Model at Campus Place Apartments starting at $1,485 with a $1.20 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.
Northern Heights Apartments3 Bed/2 Bath | 1,334 SF3BR, 2BA$1.25
Campus Place ApartmentsCP4 - 3 Bed/2 Bath | 1,240 SF3BR, 2BA$1.20
Tamarack Place3 Bedroom3BR, 2BA$0.94
Southwood Park TownhomesSouthwood 2 bedroom2BR, 1.5BA$1.02
Parkwood Apartments2 Beds, 1 bath2BR, 1BA$0.72
West River Falls210-1111BR, 1BA$1.30
Oakwood Homes1B Apartment1BR, 1BA$1.03
St. Gabriel Apartments1 bed 1 bath1BR, 1BA$1.10
Prairie RoseOne Bedroom1BR, 1BA$1.21
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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

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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 Parkwood Senior Living 55+ listed at $600.

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 $695 at Parkwood Apartments.

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 $951.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.