20

Newest Homes for Rent in New Ulm, MN

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  • /6

    Starting at $913 Plus Fees

    • 1 - 3 Beds

    1100 16th St N, New Ulm, MN 56073

    Linderhof Park Apartments – Comfortable Living in Charming New UlmWelcome home to Linderhof Park Apartments, a welcoming 56-unit community nestled in the heart of New Ulm, Minnesota. Our beautifully maintained property features four residential buildings surrounded by open green spaces and mature trees—perfect for relaxing or spending time outdoors.Enjoy convenient on-site

    LINDERHOF PARK APARTMENTS

    1100 16th St N, New Ulm, MN 56073
  • /6

    Starting at $995 Plus Fees

    • Studio - 2 Beds

    901 N Highland Ave, New Ulm, MN 56073

    Experience the perfect blend of modern convenience and comfort at Highland Apartments in New Ulm, offering a variety of studio, one, and two-bedroom floor plans to suit your lifestyle. Every home features the ultimate convenience of private, in-unit laundry, while our building provides easy elevator access and the option for detached garage rentals. Residents can stay active on our on-site

    Highland Apartments

    901 N Highland Ave, New Ulm, MN 56073
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    $900

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    1 S Minnesota St Unit 3, New Ulm, MN 56073

    Located in a historic, brick building in the heart of New Ulm - with amazing walkability to shops and restaurants.Spacious corner unit with lots of natural light. Lots of living area- French doors between bedroom and living room. Natural woodwork through out with tons of character and charm. Several rooms including bedroom, living room, kitchen plus sizable Office or Den, pantry, lots of

    1 S Minnesota St Unit 3, New Ulm, MN 56073
  • /11

    $795

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • Townhouse for Rent

    305 S Broadway St, New Ulm, MN 56073

    Large 1 bedroom plus huge second room/den, second-floor duplex apartment. Large, bright kitchen. Walk-in closets with ample storage. Natural woodwork and wood floors.Large backyard. Off street parking.$795/month includes heat. No dogs/No SmokingSecurity Deposit equal to one month's rent (collected at time of lease signing)12 month lease after that 60 days

    305 S Broadway St, New Ulm, MN 56073

Frequently Asked Questions

How much does it cost to rent a home in New Ulm, MN?
The median rent for a home in New Ulm, MN is $847 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
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 $33,880 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 $847 per month in New Ulm, MN, renters typically need to show $2,541 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 24.0, 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 Homes for Rent
4
Median Rent
$847
Median Single Family Home Rent
$795
Median Condo Rent
$900
How to Rent a Home