What is the median rent in New Ulm, MN?
The median gross rent in New Ulm, MN is $962 (±$71) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,441 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In New Ulm, the median gross rent went from $643 in 2015–2019 to $962 in 2020–2024 (+49.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $962 (±$71)
- Rented homes
- 1,441 (±178)
- $2,000 or more
- 0.9%
- Since 2015–2019
- +49.6%
How much rent costs in New Ulm
| Monthly gross rent | New Ulm | Brown County | Minnesota | United States |
|---|---|---|---|---|
| Less than $500 | 13.4% (±4.8 points) | 13.4% | 8.4% | 6.3% |
| $500 to $999 | 41.1% (±8.0 points) | 46.1% | 21.5% | 20.2% |
| $1,000 to $1,499 | 41.4% (±8.6 points) | 34.7% | 33.6% | 28.1% |
| $1,500 to $1,999 | 3.2% (±3.0 points) | 4.7% | 21.4% | 21.1% |
| $2,000 to $2,499 | 0.9% (±1.1 points) | 0.9% | 9.2% | 12.0% |
| $2,500 to $2,999 | 0.0% (±1.5 points) | 0.0% | 3.0% | 5.5% |
| $3,000 or more | 0.0% (±1.5 points) | 0.2% | 3.0% | 6.8% |
The most common range is $1,000 to $1,499, paid by 41.4% of renting households.
0.9% of rented homes in New Ulm cost $2,000 or more a month.
New Ulm against Brown County, its state and the nation
| New Ulm | Brown County | Minnesota | United States | |
|---|---|---|---|---|
| Median gross rent | $962 (±$71) | $890 (±$72) | $1,280 (±$7) | $1,413 |
| Rented homes paying rent | 1,441 (±178) | 2,128 (±195) | 614,257 (±4,397) | 42,849,984 |
In New Ulm, median gross rent is not measurably different from Brown County ($890).
It is also lower than in Minnesota ($1,280).
It is lower than the national figure ($1,413).
In Brown County, New Ulm ranks 4 of 9 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 675 of 1,347.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in New Ulm has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $643 (±$60) | $962 (±$71) | +49.6% | Up after inflation |
| Households that rent | 24.2% (±2.6 points) | 24.9% (±2.8 points) | +0.7 percentage points | Not a measurable change |
| Rental vacancy rate | 1.1% (±1.6 points) | 1.3% (±2.1 points) | +0.2 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near New Ulm
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| New Ulm | — | $962 (±$71) | — |
| Milford Township | 5.0 mi | $725 (±$135) | Lower |
| Lafayette Township | 5.1 mi | $814 (±$128) | Lower |
| Sigel Township | 5.9 mi | $1,000 (±$288) | Not measurably different |
| Courtland | 6.7 mi | $1,066 (±$570) | Not measurably different |
| West Newton Township | 8.0 mi | $1,125 (±$1,024) | Not measurably different |
| Cambria Township | 9.7 mi | $1,362 (±$24) | Higher |
| Lafayette | 10 mi | $980 (±$158) | Not measurably different |
| Lake Hanska Township | 11 mi | $1,250 (±$436) | Not measurably different |
Nearby places with a measurably lower figure: Milford Township, MN ($725), Lafayette Township, MN ($814).
Nearby places with a measurably higher figure: Cambria Township, MN ($1,362).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Brown County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Lake Hanska Township | $1,250 (±$436) |
| 2 | Home Township | $1,125 (±$968) |
| 3 | Sigel Township | $1,000 (±$288) |
| 4 | New Ulm | $962 (±$71) |
| 5 | Springfield | $820 (±$103) |
| 6 | Sleepy Eye | $782 (±$93) |
| 7 | Milford Township | $725 (±$135) |
| 8 | Prairieville Township | $663 (±$78) |
| 9 | Comfrey | $622 (±$58) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about New Ulm
What is the average rent in New Ulm, MN?
The Census Bureau publishes the median rather than the average: the median gross rent in New Ulm is $962 (±$71) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in New Ulm?
In New Ulm, the median gross rent went from $643 in 2015–2019 to $962 in 2020–2024 (+49.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in New Ulm cost more than $2,000 a month?
0.9% of rented homes in New Ulm have a gross rent of $2,000 or more a month, and 13.4% cost less than $500.
Is rent in New Ulm higher than in Brown County?
In New Ulm, median gross rent is not measurably different from Brown County ($890).
It is also lower than in Minnesota ($1,280).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Ulm city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Ulm city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — New Ulm city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Ulm city, Minnesota (place:46042, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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