Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Karlstad area can be challenging. Home prices in Karlstad are now at a median cost of $99,002, lower than the Minnesota average of $269,934.
The average cost of rent is $606/mo in Karlstad, primarily driven by the current value of real estate in the Karlstad area. While nearly 50.76% of residents own their homes outright in Karlstad, 26.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Karlstad is $4,647 per month. Households that rent pay about 13.04% of their income on rent here. Karlstad's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Halma, MN: higher priced homes
- Strandquist, MN: higher priced homes
- Florian, MN: higher priced homes
- Lake Bronson, MN: higher priced homes
- Donaldson, MN: higher priced homes
- Strathcona, MN: higher priced homes
- Kennedy, MN: higher priced homes
- Greenbush, MN: higher priced homes
- Stephen, MN: equally priced homes
- Noyes, MN: higher priced homes
Cities with Similar Populations
- Poughkeepsie, AR: less expensive homes
- Marston, TX: higher priced homes
- Maywood, MO: higher priced homes
- Midland, MD: equally priced homes
- Moenave, AZ: less expensive homes
- Mountain View, OK: less expensive homes
- Nesmith, SC: less expensive homes
- New Derry, PA: higher priced homes
- Newmans, MS: higher priced homes
- Onekama, MI: higher priced homes
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