Cheap Apartments for Rent in New Ulm, MN from $427 (79 Rentals)

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100 S Minnesota St, Unit 2
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
12 Month Lease Term
2 Bedroom Apartment Available Now

100 S Minnesota St, Unit 2

100 S Minnesota StNew Ulm, MN 56073
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1 N Minnesota St
$1,200 - $1,700

Total Monthly Price

Base Rent$1,200 - $1,700

Total Monthly Price$1,200 - $1,700
12 Month Lease Term
1 to 2 Bedroom Apartment Available Now

1 N Minnesota St

1 N Minnesota StNew Ulm, MN 56073
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Highland Apartments
Rent Specials
$1,265 - $1,545

Total Monthly Price

Base Rent$1,265 - $1,545

Total Monthly Price$1,265 - $1,545
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Highland Apartments

901 N Highland AveNew Ulm, MN 56073
Luxury
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  • Utilities Included
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405 12th South St, Unit 1
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
12 Month Lease Term
2 Bedroom Apartment Available Oct 1

405 12th South St, Unit 1

405 12th South StNew Ulm, MN 56073
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Highland Hills Apartments
Rent Specials
$295 - $1,980

Total Monthly Price

Base Rent$295 - $1,980

Total Monthly Price$295 - $1,980
12 Month Lease Term
Studio to 5 Bedroom Apartments Available Now

Highland Hills Apartments

1340 Warren StMankato, MN 56001
Active Lifestyle
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College Station
Rent Specials
$427 - $2,135

Total Monthly Price

Base Rent$427 - $2,135

Total Monthly Price$427 - $2,135
12 Month Lease Term
5 Bedroom Apartments Available Now

College Station

1341 Pohl RdMankato, MN 56001
Student Housing
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  • Utilities Included

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1212 Heckman Ct
$750 - $950

Total Monthly Price

Base Rent$750 - $950

Total Monthly Price$750 - $950
Studio to 1 Bedroom Apartments Available Now

1212 Heckman Ct

1212 Heckman CtSt. James, MN 56081
Furnished
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  • Utilities Included
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Maplewood Apartments
$830 - $1,015

Total Monthly Price

Base Rent$830 - $1,015

Total Monthly Price$830 - $1,015
1 to 3 Bedroom Apartments Available Now

Maplewood Apartments

1320 N 5th StSt. Peter, MN 56082
Cost Per Sq.Ft.
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Glenwood Terrace
$880 - $985

Total Monthly Price

Base Rent$880 - $985

Total Monthly Price$880 - $985
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Glenwood Terrace

107-115 Parkway AveMankato, MN 56001
Active Lifestyle
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  • Customer Reviewed
  • Utilities Included
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Le Sueur Apartments
Rent Specials
$895 - $1,020

Total Monthly Price

Base Rent$895 - $1,020

Total Monthly Price$895 - $1,020
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Le Sueur Apartments

411 N 3rd St NLe Sueur, MN 56058
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  • Utilities Included
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Valley View Apartments
$900 - $1,000

Total Monthly Price

Base Rent$900 - $1,000

Total Monthly Price$900 - $1,000
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Valley View Apartments

450-470 James AveMankato, MN 56001
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  • Utilities Included
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Hoover Estates
$918 - $1,218

Total Monthly Price

Base Rent$895 - $1,195
Required Monthly Fees$23

Total Monthly Price$918 - $1,218
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Hoover Estates

1866 Lee BlvdNorth Mankato, MN 56003
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Red Skye Lofts
$950 - $1,260

Total Monthly Price

Base Rent$890 - $1,200
Required Monthly Fees$60

Total Monthly Price$950 - $1,260
1 to 2 Bedroom Apartments Available Now

Red Skye Lofts

100 Fallwood RdRedwood Falls, MN 56283
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River Bluff Apartments
Rent Specials
$980 - $1,517

Total Monthly Price

Base Rent$950 - $1,487
Required Monthly Fees$30

Total Monthly Price$980 - $1,517
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

River Bluff Apartments

405 N 5th StMankato, MN 56001
Outdoors
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Wolverine Meadows
Rent Specials
$1,000 - $1,620

Total Monthly Price

Base Rent$1,000 - $1,620

Total Monthly Price$1,000 - $1,620
1 to 3 Bedroom Apartments Available Sep 16

Wolverine Meadows

630 Harvey DrGaylord, MN 55334
Luxury
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  • Utilities Included
  • 3D Tour
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Southwood Flats
$1,004 - $1,204

Total Monthly Price

Base Rent$1,004 - $1,204

Total Monthly Price$1,004 - $1,204
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Southwood Flats

520 James AveMankato, MN 56001
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Village Court Apartments
$1,028 - $1,128

Total Monthly Price

Base Rent$1,028 - $1,128

Total Monthly Price$1,028 - $1,128
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Village Court Apartments

1620 Village CtNorth Mankato, MN 56003
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The Grove at Mankato
Rent Specials
$1,036 - $1,895

Total Monthly Price

Base Rent$940 - $1,799
Required Monthly Fees$96

Total Monthly Price$1,036 - $1,895
11 Month Lease Term
1 to 3 Bedroom Apartments Available Now

The Grove at Mankato

200 Briargate RdMankato, MN 56001
Student Housing
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STP Group, LLC (ROK)
$1,050 - $1,150

Total Monthly Price

Base Rent$1,000 - $1,100
Required Monthly Fees$50

Total Monthly Price$1,050 - $1,150
12 Month Lease Term
Studio to 1 Bedroom Apartments Available Now

STP Group, LLC (ROK)

410 S Minnesota AveSt. Peter, MN 56082
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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Edge Apartments
Rent Specials
$1,080 - $1,330

Total Monthly Price

Base Rent$1,050 - $1,300
Required Monthly Fees$30

Total Monthly Price$1,080 - $1,330
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

The Edge Apartments

1902 Warren StMankato, MN 56001
Outdoors
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Capital Lofts
$1,095 - $1,295

Total Monthly Price

Base Rent$1,095 - $1,295

Total Monthly Price$1,095 - $1,295
1 Bedroom Apartments Available Oct 2

Capital Lofts

970 N 3rd StSt. Peter, MN 56082
Luxury
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  • Utilities Included
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Cedar Meadow Apartments
Rent Specials
$1,099 - $1,299

Total Monthly Price

Base Rent$1,099 - $1,299

Total Monthly Price$1,099 - $1,299
12 Month Lease Term
3 Bedroom Apartments Available Now

Cedar Meadow Apartments

701 S Victory DrMankato, MN 56001
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520 6th St
$1,100 - $1,350

Total Monthly Price

Base Rent$1,100 - $1,350

Total Monthly Price$1,100 - $1,350
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

520 6th St

520 6th StNicollet, MN 56074
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Augusta Park Estates
$1,120 - $1,899

Total Monthly Price

Base Rent$1,120 - $1,899

Total Monthly Price$1,120 - $1,899
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Augusta Park Estates

1690 Premier DrMankato, MN 56001
Pet Friendly
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Village Place Flats
Rent Specials
$1,150 - $1,300

Total Monthly Price

Base Rent$1,150 - $1,300

Total Monthly Price$1,150 - $1,300
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Village Place Flats

210 Thomas DrMankato, MN 56001
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Alma
$1,167

Total Monthly Price

Base Rent$1,137
Required Monthly FeesVaries

Total Monthly PriceVaries
12 Month Lease Term
1 Bedroom Apartments Available Now

The Alma

105 E Walnut StMankato, MN 56001
Transit Friendly
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Tiller+Main
$1,175 - $1,400

Total Monthly Price

Base Rent$1,175 - $1,400

Total Monthly Price$1,175 - $1,400
1 to 2 Bedroom Apartments Available Now

Tiller+Main

101 Main StLe Sueur, MN 56058
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Legacy Park Estates
Rent Specials
$1,214 - $1,689

Total Monthly Price

Base Rent$1,175 - $1,650
Required Monthly Fees$39

Total Monthly Price$1,214 - $1,689
1 to 3 Bedroom Apartments Available Now

Legacy Park Estates

100 Dublin CtMankato, MN 56001
Pet Friendly
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Dublin Road Townhomes
$1,215 - $1,525

Total Monthly Price

Base Rent$1,215 - $1,525

Total Monthly Price$1,215 - $1,525
2 to 3 Bedroom Apartments Available Now

Dublin Road Townhomes

304-306 Dublin CtMankato, MN 56001
Cost Per Sq.Ft.
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  • Utilities Included
  • Low Income
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The Forde
$1,225 - $1,570

Total Monthly Price

Base Rent$1,225 - $1,570

Total Monthly Price$1,225 - $1,570
1 to 2 Bedroom Apartments Available Now

The Forde

1111 Range StNorth Mankato, MN 56003
Family Friendly
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Welco West
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
2 Bedroom Apartments Available Now

Welco West

1901 Meridian StSt. Peter, MN 56082
Luxury
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  • Customer Reviewed
  • Utilities Included
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Riverfront Court
$1,300 - $1,800

Total Monthly Price

Base Rent$1,300 - $1,800

Total Monthly Price$1,300 - $1,800
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Riverfront Court

115 S Riverfront DrMankato, MN 56001
Active Lifestyle
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  • Utilities Included
  • 3D Tour

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New Ulm, MN Local Guide

Cheapest Available New Ulm Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Ulm, MN is a 5 Beds unit found at Highland Hills Apartments in the University neighborhood priced from $295. College Station in the University neighborhood has the second lowest priced unit, which is a 5 Beds apartment currently listed from $427. Here is today’s list of the most affordable New Ulm apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highland Hills ApartmentsHighland East B5BR,2BA$295
College Station5 Bedroom 2 bath5BR,2BA$427
Lewis Lofts1a1t1BR,1BA$465
512 Vernon AveOne Bedroom1BR,1BA$595
1212 Heckman CtStudioStudio,1BA$750
Colony Court ApartmentsMNCCT 1x1 627sqft1BR,1BA$750
Sibley Estates (West)1 Bed, 1 bath1BR,1BA$784
Downtown Estates1 Bed, 1 bath1BR,1BA$795
Hartshorn Manor1 Bed, 1 bath1BR,1BA$840
Le Sueur Apartments1 Bedroom1BR,1BA$895

Best Value Apartments for Rent in New Ulm, MN and Nearby

As of September 13, 2026 the best value apartment in the New Ulm area is the $0.32 price per square foot 5 Bedroom 2 bath Model at College Station in the in the University neighborhood starting from $427. The second greatest value New Ulm apartment is the Three Bedroom Model at 219 6th St SW starting at $1,300 with a $1.06 price per square foot . Here is today’s list of the best values for New Ulm apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
College Station5 Bedroom 2 bath5BR,2BA$0.32
219 6th St SWThree Bedroom3BR,2BA$1.06
Vista View Townhomes3 Bedroom Townhouse3BR,1.5BA$1.08
Maplewood Apartments3 Beds, 1 bath3BR,1BA$1.02
1212 Heckman CtStudioStudio ,1BA$0.83
Key City Group, LLC (BT)2BR/1.0BA2BR,1BA$1.12
512 Vernon AveTwo Bedroom2BR,1BA$0.87
Downtown Estates1 Bed, 1 bath1BR,1BA$0.99
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.73
Hartshorn Manor1 Bed, 1 bath1BR,1BA$1.12

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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New Ulm, MN Area Reviews

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regina1+ years in New Ulm

February 25, 2025

its 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 $750.

How much is rent for a Cheap One Bedroom New Ulm Apartment?

The lowest price for a Cheap One Bedroom New Ulm Apartment is $595 at 512 Vernon Ave.

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 $695 at 512 Vernon Ave.

What is the most affordable New Ulm Three Bedroom Apartment?

The best deal on a cheap New Ulm Three Bedroom Apartment rental is at Maplewood Apartments and starts from $1,015.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.