New Ulm vs Minneapolis: Housing
| New Ulm | Minneapolis | |
|---|---|---|
| Median Home Value | $204,200 | $362,200 |
| Median Gross Rent | $962/mo | $1,371/mo |
| Homeownership Rate | 75.1% | 47.7% |
| Rent as Share of Income | 17.9% | 20.3% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.