Bedroom count
Property type
Last updated on September 17, 2026
Average rent in
New Ulm, MN
Average rent in
Last updated on September 17, 2026
Bedroom count
Property type
Median rent
Median rent in New Ulm
$900/mo
34%vs previous year
The average rent in New Ulm is $900 per month as of September 2026. This is 53% below the national average rent, or $1,000 less per month.
average price per square foot
Total rentals
Available rentals in New Ulm
20
for rent on Zumper.com as of September 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 decreased by 6% over the last month and have decreased by 34% 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 $925, whereas a house costs $1,450. 1-bedroom apartments in New Ulm run $924 on average, while 2-bedroom apartments are $1,450.
Listings | ||||
|---|---|---|---|---|
Studio | $750 | No Change | - | |
1 bedroom | $750 | 10% |  2% | |
2 bedroom | $850 | 7% | 21% | |
3 bedroom | $1,450 | 11% | - |
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 | $925 | No Change | No Change | |
Condos | $1,600 | 84% | - | |
Houses | $1,450 | 42% | - |
Studio
Average rent
$750
1 bedroom
Average rent
$750
Last 30 days
10%
Last year
2%
2 bedroom
Average rent
$850
Last 30 days
7%
Last year
21%
3 bedroom
Average rent
$1,450
Last 30 days
11%
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
$925
Last 30 days
No Change
Condos
Average rent
$1,600
Last 30 days
84%
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
5%lower than the national median
Takeaway
The median rent for all rentals in New Ulm, MN is 50% lower than the median rent in Carver, MN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,800
13%$1,975
27%$1,311
$1,802
18%$1,250
8%$1,315
30%$1,182
20%$1,357
6%$3,274
58%$1,295
1%$1,770
15%$1,295
1%Discover rentals in New Ulm, MN
2d ago
Apartment for rent in New Ulm
2107 N Highland Ave #105, New Ulm, MN 56073
2 beds
1 bath
$1,050
Apartment for rent
Available Oct 1
1d ago
Apartment for rent in New Ulm
1003 Mack Ln #B2, New Ulm, MN 56073
2 beds
1 bath
$1,100
Apartment for rent
Available Oct 1
5d+ ago
Apartment for rent in New Ulm
405 12th St S #1, New Ulm, MN 56073
2 beds
1.5 baths
$1,300
Apartment for rent
Available Oct 1
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 Jan 12
5d+ ago
Apartment for rent in New Ulm
1 N Minnesota St, New Ulm, MN 56073
2 beds
1 bath
$1,700
Apartment for rent
Available Jul 29
5d+ ago
Apartment for rent in New Ulm
1 N Minnesota St #200, New Ulm, MN 56073
1 bed
1 bath
$1,200
Apartment for rent
Available Sep 3
5d+ ago
Apartment for rent in New Ulm
26 N Broadway St #4, New Ulm, MN 56073
1 bed
1 bath
$850
Apartment for rent
Available Oct 1
1d ago
Apartment for rent in New Ulm
1003 Mack Ln #B2, New Ulm, MN 56073
2 beds
1 bath
$1,100
Apartment for rent
Available Oct 1
2d ago
227 N Minnesota St, New Ulm, MN 56073
1–2 beds
1 bath
$924–$1,229
Apartment for rent
5d+ ago
Apartment for rent in New Ulm
405 12th St S #1, New Ulm, MN 56073
2 beds
1.5 baths
$1,300
Apartment for rent
Available Oct 1
2d ago
227 N Minnesota St, New Ulm, MN 56073
1–2 beds
1 bath
$924–$1,229
Apartment for rent
3d ago
905 N Highland Ave, New Ulm, MN 56073
1–2 beds
1 bath
$1,365–$1,525
Apartment for rent
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 Jan 12
1d ago
Apartment for rent in New Ulm
1003 Mack Ln #B2, New Ulm, MN 56073
2 beds
1 bath
$1,100
Apartment for rent
Available Oct 1
2d ago
Apartment for rent in New Ulm
2107 N Highland Ave #105, New Ulm, MN 56073
2 beds
1 bath
$1,050
Apartment for rent
Available Oct 1
5d+ ago
Apartment for rent in New Ulm
26 N Broadway St #4, New Ulm, MN 56073
1 bed
1 bath
$850
Apartment for rent
Available Oct 1
5d+ ago
Apartment for rent in New Ulm
405 12th St S #1, New Ulm, MN 56073
2 beds
1.5 baths
$1,300
Apartment for rent
Available Oct 1
Stay up to date with rental market insights
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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 September 12, 2026.
Is rent up or down in New Ulm?
Average rent prices in New Ulm have decreased by 6% over the last month and have decreased by 34% 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 $1,000 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).