Housing & Real Estate — New Ulm, Minnesota
Overview
| Total Housing Units | 6,306 |
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| Occupied | 5,988 |
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| Vacant | 318 |
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| Owner-Occupied | 4,467 |
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| Renter-Occupied | 1,521 |
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| Median Home Value (Census) | $204,200 |
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| Estimated 2026 | ~$234,000 |
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| Median Rent | $974/mo |
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| Median Property Tax | $2,333/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
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| Rent as % of Income | 18.1% |
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| Severely Rent-Burdened | 30.2% |
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Housing Age
| Built 2010 or later | 361 |
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| Built 2000-2009 | 435 |
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| Built 1990-1999 | 685 |
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| Built before 1960 | 2,835 |
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| Median Year Built | 1964 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
