Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Ulm area can be challenging. Home prices in New Ulm are now at a median cost of $245,883, higher than the Texas average of $235,268.
The average cost of rent is $951/mo in New Ulm, primarily driven by the current value of real estate in the New Ulm area. While nearly 71.39% of residents own their homes outright in New Ulm, 7.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Ulm is $6,388 per month. Households that rent pay about 14.88% of their income on rent here. New Ulm's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Industry, TX: higher priced homes
- Rek Hill, TX: equally priced homes
- Fayetteville, TX: less expensive homes
- Mentz, TX: less expensive homes
- Nelsonville, TX: higher priced homes
- Alleyton, TX: less expensive homes
- Cat Spring, TX: less expensive homes
- Ellinger, TX: less expensive homes
- Columbus, TX: less expensive homes
- Kenney, TX: equally priced homes
Cities with Similar Populations
- Tula, MS: higher priced homes
- Elm Creek, NE: less expensive homes
- Ernul, NC: less expensive homes
- Ferndale, PA: less expensive homes
- Folsom, NJ: less expensive homes
- Fort Loudon, PA: less expensive homes
- Gamerco, NM: less expensive homes
- Garfield, MN: equally priced homes
- Genesee, ID: equally priced homes
- Hurlburt Field, FL: higher priced homes
All Local Stats
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