Bedroom count
Property type
Last updated on July 31, 2026
Average rent in
New Ulm, MN
Average rent in
Last updated on July 31, 2026
Bedroom count
Property type
Median rent
Median rent in New Ulm
$900/mo
14%vs previous year
The average rent in New Ulm is $900 per month as of July 2026. This is 53% below the national average rent, or $1,030 less per month.
average price per square foot
Total rentals
Available rentals in New Ulm
15
for rent on Zumper.com as of July 2026
Rent price distribution
Share of New Ulm rentals at each price point
Rent trends in New Ulm, MN
Average rent prices in New Ulm have increased by 33% over the last month and have decreased by 14% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
New Ulm, MN
Rent prices in New Ulm vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in New Ulm is $924, whereas a house costs $1,450. 1-bedroom apartments in New Ulm run $924 on average, while 2-bedroom apartments are $950.
Listings | ||||
|---|---|---|---|---|
Studio | $750 | No Change | - | |
1 bedroom | $750 |  6% | 18% | |
2 bedroom | $900 | 4% | 34% | |
3 bedroom | $1,450 | No Change | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in New Ulm, MN.
Listings | ||||
|---|---|---|---|---|
Apartments | $924 | 9% | No Change | |
Condos | $847 | 8% | - | |
Houses | $1,450 | 42% | - |
Studio
Average rent
$750
1 bedroom
Average rent
$750
Last 30 days
6%
Last year
18%
2 bedroom
Average rent
$900
Last 30 days
4%
Last year
34%
3 bedroom
Average rent
$1,450
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in New Ulm, MN.
Apartments
Average rent
$924
Last 30 days
9%
Condos
Average rent
$847
Last 30 days
8%
Houses
Average rent
$1,450
Last 30 days
42%
The table above reflects average rent prices in New Ulm, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in New Ulm, MN compare to other cities?
Compare median rent prices in New Ulm and Carver by all bedroom counts and property types.
New Ulm
53%lower than the national median
6%higher than the national median
Takeaway
The median rent for all rentals in New Ulm, MN is 56% lower than the median rent in Carver, MN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,050
25%$2,044
37%$1,600
11%$1,785
$1,250
6%$1,150
23%$1,650
22%$1,425
2%$1,460
15%$1,395
1%$1,515
11%$1,302
1%Discover rentals in New Ulm, MN
5d+ ago
Apartment for rent in New Ulm
226 N State St #3, New Ulm, MN 56073
2 beds
1 bath
$1,950
Apartment for rent
Available Oct 3
10h ago
905 N Highland Ave, New Ulm, MN 56073
1–2 beds
1–2 baths
$1,365–$1,545
Apartment for rent
5d+ ago
Apartment for rent in New Ulm
2229 N Highland Ave #A3, New Ulm, MN 56073
2 beds
1.5 baths
$1,525
Apartment for rent
Available Aug 1
1d ago
Apartment for rent in New Ulm
1 N Minnesota St, New Ulm, MN 56073
2 beds
1 bath
$1,450
Apartment for rent
Available Jul 29
4h ago
227 N Minnesota St, New Ulm, MN 56073
1–2 beds
1 bath
$924–$1,229
Apartment for rent
1d ago
Apartment for rent in New Ulm
110 N Minnesota St #1, New Ulm, MN 56073
1 bed
1 bath
$1,300
Apartment for rent
Available Aug 1
5d+ ago
Apartment for rent in New Ulm
2229 N Highland Ave #A3, New Ulm, MN 56073
2 beds
1.5 baths
$1,525
Apartment for rent
Available Aug 1
4h ago
227 N Minnesota St, New Ulm, MN 56073
1–2 beds
1 bath
$924–$1,229
Apartment for rent
10h ago
905 N Highland Ave, New Ulm, MN 56073
1–2 beds
1–2 baths
$1,365–$1,545
Apartment for rent
5d+ ago
Apartment for rent in New Ulm
2229 N Highland Ave #A3, New Ulm, MN 56073
2 beds
1.5 baths
$1,525
Apartment for rent
Available Aug 1
1d ago
Apartment for rent in New Ulm
1 N Minnesota St, New Ulm, MN 56073
2 beds
1 bath
$1,450
Apartment for rent
Available Jul 29
1d ago
Apartment for rent in New Ulm
110 N Minnesota St #1, New Ulm, MN 56073
1 bed
1 bath
$1,300
Apartment for rent
Available Aug 1
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Frequently asked questions for New Ulm, MN
Quick answers to common questions about the New Ulm rental market.
How much is rent in New Ulm?
The average rent in New Ulm is $900 per month as of July 25, 2026.
Is rent up or down in New Ulm?
Average rent prices in New Ulm have increased by 33% over the last month and have decreased by 14% since last year.
How does New Ulm rent compare to the national average?
Rent in New Ulm is 53% below the national average, which means renters are paying approximately $1,030 less per month.
What salary do I need to afford rent in New Ulm?
To comfortably afford rent in New Ulm, you'd need to earn approximately $36,000/year, based on spending no more than 30% of your income on rent.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).