What's the average rent in New Ulm, MN?
Rental Market Trends in New Ulm, MN
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in New Ulm, MN is $1,026 per month, which is 48% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$1,026
-2.3%-$24 decrease month-over-month
-10.8%-$124 decrease year-over-year
AVAILABLE RENTALS
6
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $924 |
| 2 Bedrooms | $1,340 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,026 |
As of August 2026, the average rent for a 1 bedroom rental in New Ulm, MN is $924 per month, followed by $1,340 for a 2 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $650 |
| 2 Bedrooms | $1,450 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $975 |
As of August 2026, the average rent for a 1 bedroom apartment in New Ulm, MN is $650 per month, followed by $1,450 for a 2 bedroom apartment.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +8% compared to the previous year, which is a +$96 increase.
This year (2026)
Last year (2025)
Rent distribution
67% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $924 to $1,950.
