The above shows an overview of the real estate market in Albert Lea, MN. Note how the median home price for Albert Lea, MN runs $95,200, which is 50% lower than the average property price for Minnesota. So you’re going to get real estate in Albert Lea, MN that is on-average more affordable than what you’ll find in the rest of Minnesota. As for rent, the median for Albert Lea, MN runs $621, which is comparatively 29% lower than the average rent for Minnesota. For Albert Lea, MN, about 67.9% of the population consist of home owners with about 2.1 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Albert Lea, MN offers a wide variety of real estate. To find your perfect home in Albert Lea, MN, filter your choice by price, location, and number of beds and baths using the search area above.