New Ulm, MN rental market
Last updated September 23, 2025
Rental market summary
The average rent for all bedrooms and all property types in New Ulm, MN is $1,016.
$1,016
-$213
-$84
5
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $595 to $1,800.
| Rent price | Number of rental properties |
|---|---|
| $500 | 1 |
| $600 | 1 |
| $1,000 | 2 |
| $1,100 | 1 |
| $1,700 | 1 |
| $1,800+ | 1 |
Average rent price over time
In the last year, rent has decreased by $84 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 | $1,100 |
| 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 HOT. 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 50% lower than the national average.
$1,016
$2,050
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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 $1,016.
2. How much does it cost to rent a house in New Ulm, MN?
Houses in New Ulm, MN rent between $595 - $1,800 with an average rent of $1,016.
3. How has the rent in New Ulm, MN changed in the last year?
In the last year, the rent in New Ulm, MN decreased by $84
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 decreased by $213
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 $1,016 — 50.44% lower the national average of $2,050.