New Ulm, MN rental market
Last updated August 8, 2025
Rental market summary
The average rent for all bedrooms and all property types in New Ulm, MN is $1,150.
$1,150
$0
+$400
5
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $850 to $1,800.
| Rent price | Number of rental properties |
|---|---|
| $800 | 1 |
| $900 | 1 |
| $1,100 | 1 |
| $1,200 | 1 |
| $1,700 | 1 |
| $1,800+ | 1 |
Average rent price over time
In the last year, rent has increased by $400 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,350 | $875 |
| Feb | $1,100 | $750 |
| Mar | $1,150 | $900 |
| Apr | $925 | $950 |
| May | $850 | $895 |
| Jun | $925 | $995 |
| Jul | $1,379 | $1,150 |
| Aug | $750 | $1,150 |
| Sep | $725 | No data |
| Oct | $1,100 | No data |
| Nov | $1,000 | No data |
| Dec | $1,745 | No data |
Market temperature
The New Ulm, MN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in New Ulm, MN is 45% lower than the national average.
$1,150
$2,100
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Frequently asked questions
1. What is the average rent in New Ulm, MN?
The average rent in New Ulm, MN is $1,150.
2. How much does it cost to rent a house in New Ulm, MN?
Houses in New Ulm, MN rent between $850 - $1,800 with an average rent of $1,150.
3. How has the rent in New Ulm, MN changed in the last year?
In the last year, the rent in New Ulm, MN increased by $400
4. How much has the rent in New Ulm, MN increased/decreased in the last month?
In the last month, the rent in New Ulm, MN did not change.
5. How many available rentals are there in New Ulm, MN?
There are currently 5 rentals available in New Ulm, MN.
6. How do rent prices in New Ulm, MN compare with the national average?
The average rent in New Ulm, MN is $1,150 — 45.24% lower the national average of $2,100.