Albert Lea Housing Information - Census

IndexAlbert LeaMinnesotaNational
Median home price$95,200$191,500$184,700
Median rent asked$621$873$949
Avg. people per household2.12.42.6
Owner occupied households67.9%71.4%63.6%
Renter occupied households32.1%28.6%36.4%

Albert Lea Housing Information - Zillow

IndexAlbert LeaMinnesotaNational
Zillow home value indexn/a$205,200$196,500
Year over year appreciation raten/a8.17%6.79%
5 year average appreciation raten/a6.58%5.28%
10 year average appreciation raten/a-0.12%0.01%

Did you know?

  • The median home price in Albert Lea is 48% lower than the national average.
  • The median rent asked in Albert Lea is 35% lower than the national average.
  • The average number of people per household in Albert Lea is 19% lower than the national average.
  • The number of owner occupied households in Albert Lea is 7% higher than the national average.
  • The number of renter occupied households in Albert Lea is 12% lower than the national average.

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Compare Albert Lea, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Scarville, IA66$36,30080%
Myrtle, MN73$45,00076%
Freeborn, MN339$52,90071%
Conger, MN176$61,30067%
Manchester, MN38$63,30066%
Albert Lea, MN17,775$95,20048%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Arcata, CA17,775$322,70075%
Dumont, NJ17,788$358,30094%
Central Point, OR17,793$188,3002%
Maumelle, AR17,795$218,70018%
Shafter, CA17,801$153,60017%
Albert Lea, MN17,775$95,20048%
Source: The Albert Lea, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.