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New Ulm, MN Condos for Rent

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  • /36

    $1,450 - $1,700

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,166 Sq Ft
    • Condo for Rent

    1 N Minnesota St, New Ulm, MN 56073

    Welcome to Chamberplatz, a beautifully restored historic property offering modern apartment living in the heart of downtown New Ulm. Thoughtfully renovated with quality finishes and modern amenities, Chamberplatz blends timeless character with contemporary comfort.Residents enjoy spacious floor plans, stainless steel appliances, in-unit laundry, individual heating and air conditioning,

    1 N Minnesota St, New Ulm, MN 56073
  • /36

    $1,450 - $1,700

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,166 Sq Ft
    • Condo for Rent

    1 N Minnesota St, New Ulm, MN 56073

    Welcome to Chamberplatz, a beautifully restored historic property offering modern apartment living in the heart of downtown New Ulm. Thoughtfully renovated with quality finishes and modern amenities, Chamberplatz blends timeless character with contemporary comfort.Residents enjoy spacious floor plans, stainless steel appliances, in-unit laundry, individual heating and air conditioning,

    1 N Minnesota St, New Ulm, MN 56073
  • /4

    $1,300 Plus Fees

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    110 N Minnesota St Unit 1, New Ulm, MN 56073

    Property Id: 1358661 Completely remodeled 1 bedroom in historic Herberger blg. in downtown New Ulm. Large rooms with high ceilings, open spaces, vinyl plank flooring. Walk to your favorite restaurant/bar or retail store. ALL UTILITIES AND INTERNET INCLUDED. Write one check and you’re done. On site laundry and off street parking. Contact today for a showing.

    110 N Minnesota St Unit 1, New Ulm, MN 56073

Frequently Asked Questions

How much does it cost to rent a condo in New Ulm, MN?
The median rent for a condo in New Ulm, MN is $1,413 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in New Ulm, MN?
To comfortably afford the median rent in New Ulm, MN, a household needs to earn roughly $56,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,412 per month in New Ulm, MN, renters typically need to show $4,236 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in New Ulm, MN?
In New Ulm, MN, the price-to-rent ratio is 14.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,413
Median 1 Bedroom Condo Rent
$1,300
Median 2 Bedroom Condo Rent
$1,525
How to Rent a Home