Housing & Real Estate — Karlstad, Minnesota

Overview

Total Housing Units350
Occupied270
Vacant80
Owner-Occupied188
Renter-Occupied82
Median Home Value (Census)$126,300
Estimated 2026~$142,000
Median Rent$650/mo
Median Property Tax$1,759/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income12.2%
Severely Rent-Burdened37.9%

Housing Age

Built 2010 or later13
Built 2000-200919
Built 1990-19996
Built before 1960138
Median Year Built1966
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.