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States / Minnesota / Albert Lea

Albert Lea, MN Housing

ACS 2020-2024

Median Home Value
$157,500 ± $8,407
Median Gross Rent
$857 ± $71/mo
Homeownership Rate
74.1%
Rent as Share of Income
15.9%
Price-to-Income Ratio
2.4×
Vacancy Rate
8.9%
Median Year Built
1960

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
4
Buildings
4
Single-Family Units
4
Multi-Family Units
0

Nearby Cities in Minnesota

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Albert Lea, MN Housing: Rent & Home Values | HomeDataUSA