
Cheap Homes for Rent in Karlstad, MN from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Karlstad.


820 Stuart Ave

1418 Irvine Ave NW, Unit C
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.

411 River St NE, Unit 14

1512 9th Ave N

1823 Gregg Ct NW
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.

1516 Irvine Ave NW
Karlstad, MN Local Guide

How much does it cost to rent a home in Karlstad?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Karlstad 2 Bedroom Homes for Rent | $1,087 | $900 | $1,280 |
| Karlstad 3 Bedroom Homes for Rent | $2,088 | $950 | $5,995 |
| Karlstad 4 Bedroom Homes for Rent | $2,064 | $1,800 | $2,400 |
| Karlstad 5 Bedroom Homes for Rent | $2,109 | $1,950 | $2,400 |
Browse Top Homes for Rent in Karlstad
Explore Karlstad
Karlstad, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Karlstad Apartments for Rent and Nearby
 The cheapest available apartment rental in Karlstad, MN is a 1 Bed unit found at White House and Blair House priced from $690. Oakwood Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $766. Here is today’s list of the most affordable Karlstad apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| White House and Blair House | Blair House Single Bedroom | 1BR,1BA | $690 |
| Oakwood Homes | 1B H/C Apartment | 1BR,1BA | $766 |
| Prairie Rose | Two Bedroom Apartment | 2BR,1BA | $823 |
Best Value Apartments for Rent in Karlstad, MN and Nearby
As of June 10, 2026 the best value apartment in the Karlstad area is the $0.70 price per square foot 3 bedroom Model at Heritage Terrace Townhomes in the starting from $948. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Heritage Terrace Townhomes | 3 bedroom | 3BR,1.5BA | $0.70 |
| Northern Heights Apartments | 3 Bed/2 Bath | 1,334 SF | 3BR,2BA | $1.25 |
| Heritage Highland II Townhomes | 2 bedroom | 2BR,1.5BA | $0.74 |
| Southwood Park Townhomes | Sherwood 2 bedroom | 2BR,1.5BA | $0.87 |
| SummerField Thief River Falls Townhomes | Three Bedroom Two Bath | 3BR,2BA | $0.97 |
| River Falls Estates | Unit 213 | 2BR,1BA | $1.07 |
| Green Acres Apartments | STUDENT DISCOUNT! Fully renovated 2BR – Northla... | 2BR,1BA | $1.10 |
| Prairie Rose | Three Bedroom Apartment | 3BR,1BA | $1.08 |
| Oakwood Homes | 1B Apartment | 1BR,1BA | $1.03 |
| White House and Blair House | Blair House Single Bedroom | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Karlstad, MN Rentals by Map
See the most popular apartments and homes in Karlstad, MN
Frequently Asked Questions about Karlstad
What type of rentals are currently available in Karlstad?
There are currently 46 Apartments for Rent in Karlstad, MN with pricing that ranges from $470 to $3,793. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Karlstad ranging from $900 to $5,995.
What is the current price range for Rental Homes in Karlstad?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Karlstad ranges from $900 to $5,995 with an average monthly rent of $1,812.
How much are larger Three and Four Bedroom Rentals in Karlstad?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Karlstad range from $740 to $2,882, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $5,995. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $470.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.