New Ulm, MN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the New Ulm short-term rental market based on reliable data.

Listings

33 / 58

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$23,366

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$238,584

Median Home Sale Price

Top Earners

$41,690

Top-Earners Revenue

New Ulm

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in New Ulm.

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C

Challenging to Investors

New Ulm Regulations

STRs appear legally allowed but regulation is uncertain—sources conflict on licensing, fees, and whether any city ordinances exist—creating risk of shifting rules and inconsistent enforcement; Blue Earth County surveyed standards and caps without clarity on implementation, adding uncertainty for investors.

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About New Ulm

New Ulm ( NEW ULM) is a city in Brown County, Minnesota, United States. The population was 14,120 at the 2020 census. It is the county seat of Brown County. It is located on the triangle of land formed by the confluence of the Minnesota River and the Cottonwood River. The city is home to the Hermann Heights Monument, Flandrau State Park, the historic August Schell Brewing Company, and the Minnesota Music Hall of Fame. The city is known for its German heritage and its historical sites and landmarks dating back to the US-Dakota War of 1862.New Ulm is the episcopal see of the Roman Catholic Diocese of New Ulm and home to the Handmaids of the Heart of Jesus. The Dakota called New Ulm the "Village on the Cottonwood" or Wachupata.

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