A+
44%
Med. Home Val. NAT. AVG.
23%
Rent NAT. AVG.
10%
Owner Occ. NAT. AVG.
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Albert Lea Housing Information

IndexAlbert LeaMinnesotaNational
Median home price$102,700$191,500$184,700
Median rent asked$728$873$949
Avg. people per household2.12.42.6
Owner occupied households69.8%71.4%63.6%
Renter occupied households30.2%28.6%36.4%
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Housing Quick Facts

  • The median home price in Albert Lea is 44% lower than the national average.
  • The median rent asked in Albert Lea is 23% lower than the national average.
  • The average number of people per household in Albert Lea is 18% lower than the national average.
  • The number of owner occupied households in Albert Lea is 10% higher than the national average.
  • The number of renter occupied households in Albert Lea is 17% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Manchester, MN56$0100%
      Scarville, IA52$39,20079%
      Myrtle, MN69$46,30075%
      Freeborn, MN319$70,60062%
      Conger, MN130$70,70062%
      Albert Lea, MN17,804$102,70044%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Portland, TX17,807$178,6003%
      Amsterdam, NY17,823$89,00052%
      Colonia, NJ17,782$369,200100%
      West Columbia, SC17,782$156,20015%
      El Dorado, AR17,826$92,10050%
      Albert Lea, MN17,804$102,70044%
      Source: The Albert Lea, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).