325 E Washington St
MankatoMN56001
Cheap Homes for Rent in New Ulm, MN from $800 (14 Rentals)
Search the lowest-cost Homes available for rent right now in New Ulm.
418 Allan Ave
North MankatoMN56003
906 1/2 S German Street
906 1/2 S German St
New UlmMN56073
114 Lynn Ln
MankatoMN56001
109 Maple Dr
MankatoMN56001
121 Lynn Ln
MankatoMN56001
152 Lynn Ln
MankatoMN56001
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
121 Maple Dr
MankatoMN56001
141 Lynn Ln
MankatoMN56001
203 Karu Dr
MankatoMN56001
103 Maple Dr
MankatoMN56001
121 Jaybee Ln
MankatoMN56001
127 Laurinda Ln
MankatoMN56001
1333 1st Ave
GibbonMN55335
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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New Ulm, MN Local Guide
Minnesota Flags by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent a home in New Ulm?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Ulm 2 Bedroom Homes for Rent | $1,417 | $1,025 | $1,850 |
| New Ulm 3 Bedroom Homes for Rent | $1,660 | $825 | $2,600 |
| New Ulm 4 Bedroom Homes for Rent | $1,968 | $1,595 | $2,300 |
| New Ulm 5 Bedroom Homes for Rent | $2,548 | $1,850 | $3,050 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 1 Bed unit found at Downtown Estates priced from $525. 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 |
|---|---|---|---|
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $525 |
| 1212 Heckman Ct | Studio | Studio,1BA | $750 |
| Red Skye Lofts | 1 Bedroom | 1BR,1BA | $800 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Tiller+Main | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in New Ulm, MN and Nearby
As of December 18, 2025 the best value apartment in the New Ulm area is the $1.19 price per square foot Fox Run Townhomes 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 1.5 Bath Affordable Model at Dublin Road Townhomes starting at $1,500 with a $1.18 price per square foot in the City Center Mankato neighborhood. 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 | Fox Run Townhomes | 3BR,2.5BA | $1.19 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.18 |
| Vista View Townhomes | 3 Bedroom Townhouse | 3BR,1.5BA | $1.03 |
| 131 W 11th St | 2 Bedroom 2 Bath | 2BR,2BA | $1.00 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| Knollcrest | Two Bedroom | 2BR,1BA | $1.11 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $1.12 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.66 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
| St. James Apartments | One Bedroom | 1BR,1BA | $1.25 |
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.
Read Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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regina • 1+ years in New Ulm
February 25, 2025its nice
Frequently Asked Questions about New Ulm
What type of rentals are currently available in New Ulm?
There are currently 87 Apartments for Rent in New Ulm, MN with pricing that ranges from $451 to $2,830. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Ulm ranging from $825 to $3,050.
What is the current price range for Rental Homes in New Ulm?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Ulm ranges from $825 to $3,050 with an average monthly rent of $1,767.
How much are larger Three and Four Bedroom Rentals in New Ulm?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Ulm range from $885 to $2,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,680.
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
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.