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Cheap Apartments for Rent in New Ulm, MN from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in New Ulm.
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$720 - $1,880Studio to 5 Bedroom Apartments Available Now
Highland Hills Apartments
1340 Warren StMankato, MN 56001
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Rent Specials
$750 - $950Studio to 1 Bedroom Apartments Available Now
1212 Heckman Ct
1212 Heckman CtSt. James, MN 56081
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$835 - $1,5001 to 3 Bedroom Apartments Available Now
442 Belgrade Ave
442 Belgrade AveNorth Mankato, MN 56003
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$875 - $1,0001 to 2 Bedroom Apartments Available Now
Commerce Apartments
1621-1633 Commerce DrNorth Mankato, MN 56003
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$890 - $2,6001 to 3 Bedroom Apartments Available Now
Red Skye Lofts
100 Fallwood RdRedwood Falls, MN 56283
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$895 - $1,0001 to 2 Bedroom Apartments Available Now
Le Sueur Apartments
411 N 3rd St NLe Sueur, MN 56058
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$900 - $9501 to 2 Bedroom Apartments Available Now
Valley View Apartments
450-470 James AveMankato, MN 56001
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Showing Results 1-15, Page 1 of 1
New Ulm, MN Local Guide
Minnesota Flags by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent an apartment in New Ulm?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Ulm Studio Apartments | $952 | $720 | $1,265 |
| New Ulm 1 Bedroom Apartments | $1,240 | $800 | $2,095 |
| New Ulm 2 Bedroom Apartments | $1,406 | $949 | $2,125 |
| New Ulm 3 Bedroom Apartments | $1,550 | $1,249 | $2,095 |
| New Ulm 4 Bedroom Apartments | $1,741 | $1,600 | $1,880 |
Browse Top Apartments in New Ulm
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New Ulm, MN Local Guide
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Cheapest Available New Ulm Apartments for Rent and Nearby
The cheapest available apartment rental in New Ulm, MN is a Studio unit found at Highland Hills Apartments in the University neighborhood priced from $720. 1212 Heckman Ct has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable New Ulm apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Hills Apartments | Studio | Studio,1BA | $720 |
| 1212 Heckman Ct | Studio | Studio,1BA | $750 |
| Commerce Apartments | One Bedroom | 1BR,1BA | $875 |
| Valley View Apartments | One Bedroom | 1BR,1BA | $900 |
| Tiller+Main | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in New Ulm, MN and Nearby
As of July 28, 2025 the best value apartment in the New Ulm area is the $1.19 price per square foot 3 bed 2.5 bath (Exterior) Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $2,095. The second greatest value New Ulm apartment is the 3 Bedroom Model at Red Skye Lofts starting at $1,250 with a $0.91 price per square foot . Here is today’s list of the best values for New Ulm apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fox Run Townhomes | 3 bed 2.5 bath (Exterior) | 3BR,2.5BA | $1.19 |
| Red Skye Lofts | 3 Bedroom | 3BR,1BA | $0.91 |
| Sleepy Eye Apartments Homes | 2 Bedroom 2 Bath | 2BR,2BA | $1.26 |
| Southwood Flats | 2 Bed, 1 Bath (remodeled) | 2BR,1BA | $1.26 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $1.13 |
| Glenwood Terrace | 2 BR/ 1 BA | 2BR,1BA | $1.14 |
| Bunting Lane Apartments | Three Bed | 3BR,1.5BA | $0.63 |
| Le Sueur Apartments | 2 Bedroom | 2BR,1BA | $1.25 |
| 219 6th St SW | One Bedroom | 1BR,1BA | $1.20 |
Quick Rent Budget Calculator
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Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Ulm, MN Rentals by Map
See the most popular apartments and homes in New Ulm, MN
Getting Around New Ulm, MN
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
56 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
New Ulm, MN Area Reviews
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Let everyone know!
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regina • 1+ years in New Ulm
February 25, 2025its nice
Frequently Asked Questions about Cheap New Ulm Apartments
What is the Cheapest Studio apartment in New Ulm?
Currently the most affordable Cheap Studio Apartment in New Ulm is at Highland Hills Apartments listed at $720.
How much is rent for a Cheap One Bedroom New Ulm Apartment?
The lowest price for a Cheap One Bedroom New Ulm Apartment is $800 at 1212 Heckman Ct.
What is the lowest price for a Cheap Two Bedroom New Ulm Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Ulm is starting from $950 at Valley View Apartments.
What is the most affordable New Ulm Three Bedroom Apartment?
The best deal on a cheap New Ulm Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,249.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.