A+
20%
Med. Home Val. NAT. AVG.
20%
Rent NAT. AVG.
13%
Owner Occ. NAT. AVG.

New Ulm Housing Information

IndexNew UlmMinnesotaNational
Median home price$261,248$339,061$326,622
Median rent asked$1,162$1,332$1,444
Avg. people per household2.12.42.6
Owner occupied households71.7%71.4%63.6%
Renter occupied households28.3%28.6%36.4%
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Housing Quick Facts

  • The median home price in New Ulm is 20% lower than the national average.
  • The median rent asked in New Ulm is 20% lower than the national average.
  • The average number of people per household in New Ulm is 21% lower than the national average.
  • The number of owner occupied households in New Ulm is 13% higher than the national average.
  • The number of renter occupied households in New Ulm is 22% lower than the national average.

Most Affordable Places to Live in and Around New Ulm

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Compare New Ulm, MN Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Hanska, MN441$127,73261%
      Fairfax, MN1,162$148,46255%
      Lafayette, MN562$170,31048%
      Sleepy Eye, MN3,502$229,32930%
      Searles, MN294$284,31613%
      New Ulm, MN13,686$261,24820%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Baker, LA13,684$203,59438%
      Lahaina, HI13,680$1,331,823308%
      Chatham, IL13,697$357,93010%
      Rendon, TX13,673$505,04455%
      Auburn, IN13,673$231,70729%
      New Ulm, MN13,686$261,24820%
      Source: The New Ulm, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.