Median Age
42 Years
Largest Age Group
60-69 Years
Approximately 14% of Residents
Under 20
23%
Over 65
23%
Avg Rent
$1,137
Population
14,435
Renter Mix
27% Rent
Nestled along the Minnesota River less than two hours southwest of Minneapolis, the city of New Ulm is a charming delight, filled with a welcoming community, local businesses, and historic sites. Home to Martin Luther College, New Ulm features a scenic campus with historic structures and a youthful, positive presence. The Hermann Monument Society is a 102-foot monument located just outside of the college’s campus that’s been a local gem since 1897.
The Brown County Historic City, New Ulm’s Glockenspiel, and the Kiesling House are a few of the additional historic sites located throughout the city. Many local restaurants, specialty shops, and convenient services reside in New Ulm’s quaint downtown district. Be sure to check out the nearby German Park to stroll through a scenic green space with pavilions, fountains, monuments, and playgrounds. For even more outdoor views, visit Flandrau State Park, offering a swimming pool, camping sites, hiking trails, and a country club.
Median Household Income
$63,719
Average: $77,040
Education
3,575
Residents Have a Degree
Job Market
7,818
Workers Employed
Median Age
42 Years
Largest Age Group
60-69 Years
Approximately 14% of Residents
Under 20
23%
Over 65
23%
Housing Distribution
New Ulm has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of May 2026, the average apartment rent in New Ulm, MN is $1,137 for one bedroom, $1,025 for two bedrooms, and $1,060 for three bedrooms. Apartment rent in New Ulm has increased by 1.3% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly New Ulm, MN is for everyday living.
Fairly Walkable
Walkability
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades K-8
648 Students
Public
Grades K-5
619 Students
Public
Grades PK-5
188 Students
Public
Grades K-12
28 Students
Public
Grades K-12
11 Students
Public
Grades K-8
648 Students
Public
Grades K-12
28 Students
Public
Grades K-12
11 Students
Public
Grades K-12
Public
Grades 9-12
706 Students
Public
Grades K-12
28 Students
Public
Grades K-12
11 Students
Public
Grades K-12
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.