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$6451 Bedroom Apartments Available Sep 1
125.5 N Minnesota St, Unit 2
125.5 N Minnesota StNew Ulm, MN 56073
Cheap Homes for Rent in New Ulm, MN from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in New Ulm.
305 S Broadway St
New UlmMN56073
226 3rd Ave S
BrowntonMN55312
325 E Washington St
MankatoMN56001
114 Lynn Ln
MankatoMN56001
815 N 4th St
MankatoMN56001
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.
418 Allan Ave
North MankatoMN56003
325.5 McKinley Ave
North MankatoMN56003
121 Lynn Ln
MankatoMN56001
1738-1740 Colette Dr
North MankatoMN56003
122 Terri Ln
MankatoMN56001
730 N Broad St
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.
136 Lynn Ln
MankatoMN56001
Showing Results 1-13, 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 a home in New Ulm?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Ulm 2 Bedroom Homes for Rent | $1,456 | $1,000 | $1,750 |
| New Ulm 3 Bedroom Homes for Rent | $1,721 | $1,150 | $2,395 |
| New Ulm 4 Bedroom Homes for Rent | $2,299 | $1,425 | $3,250 |
| New Ulm 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
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 512 Vernon Ave priced from $595. 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 |
|---|---|---|---|
| 512 Vernon Ave | One Bedroom | 1BR,1BA | $595 |
| 1212 Heckman Ct | Studio | Studio,1BA | $750 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $795 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $840 |
Best Value Apartments for Rent in New Ulm, MN and Nearby
As of July 12, 2026 the best value apartment in the New Ulm area is the $1.08 price per square foot 3 Bedroom Townhouse Model at Vista View Townhomes in the starting from $1,297. The second greatest value New Ulm apartment is the Tax Credit Model at Cherry Ridge Apartments starting at $995 with a $0.94 price per square foot in the University 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. |
|---|---|---|---|
| Vista View Townhomes | 3 Bedroom Townhouse | 3BR,1.5BA | $1.08 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $0.94 |
| 251 6th St | 2 Bedroom 1 Bath | 2BR,1BA | $1.16 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $1.12 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.99 |
| 512 Vernon Ave | Two Bedroom | 2BR,1BA | $0.87 |
| Red Skye Lofts | 1 Bedroom | 1BR,1BA | $1.12 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,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.
Read Article
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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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.
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 98 Apartments for Rent in New Ulm, MN with pricing that ranges from $595 to $2,350. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Ulm ranging from $795 to $4,500.
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 $795 to $4,500 with an average monthly rent of $2,234.
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 $1,155 to $2,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $1,780.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.