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Karlstad, MN Home Values and Rents

The typical home value in Karlstad is $153,231. Median rent is $619 a month.

Typical home value
$153,231
Zillow
Median rent
$619/mo
ACS 2020-2024
Price change, 1 year
+3.3%
Sep 2026
Homeownership
74.4%
MN: 72.2%

Typical home value in Karlstad

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodKarlstad
Sep 2026$153,231
Dec 2025$155,975
Dec 2024$132,934
Dec 2023$133,268
Dec 2022$139,814
Dec 2021$133,287
Dec 2020$125,400
Dec 2019$115,668
Dec 2018$112,273
Dec 2017$102,723
Dec 2016$93,441

Over five years, Karlstad prices changed +15.4%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Kittson County, MN

MN rents
Unit sizeMonthly rentvs FY2026
Studio$712+4.1%
1 bedroom$791+6.2%
2 bedrooms$1,014+4.2%
3 bedrooms$1,208+3.5%
4 bedrooms$1,481+4.7%

Frequently asked questions

What is the typical home value in Karlstad, MN?
The typical home value in Karlstad is $153,231 (Zillow Home Value Index, Sep 2026). The Minnesota median is $329,300.
How much is rent in Karlstad?
The median rent in Karlstad is $619 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
Are home prices going up in Karlstad?
The typical home value in Karlstad changed +3.3% over one year and +15.4% over five years, as of Sep 2026.