Rent in New London, MN
A 2-bedroom in New London, MN (ZIP 56273) typically rents for about $967 a month, with a range of $967–$1,026. Owner-occupied homes in Kandiyohi County pay about 1.02% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $831 | $831 | 1 |
| 1 bed | $955 | $836–$955 | 1 |
| 2 beds | $967 | $967–$1,026 | 1 |
| 3 beds | $1,421 | $1,421 | 1 |
| 4 beds | $1,715 | $1,715 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
New London ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in New London, MN?
- About $967 a month: the median of the typical rents in 1 ZIP code, which range from $967–$1,026. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in New London, MN?
- About $955 a month: the median of the typical rents in 1 ZIP code, which range from $836–$955. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in New London, MN?
- About $1,421 a month: the median of the typical rents in 1 ZIP code, which range from $1,421. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in New London, MN?
- About $831 a month: the median of the typical rents in 1 ZIP code, which range from $831. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in New London, MN?
- About $1,715 a month: the median of the typical rents in 1 ZIP code, which range from $1,715. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in New London, MN?
- Owner-occupied homes in Kandiyohi County pay a typical 1.02% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these New London rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).