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Advertise here →Albert Lea, MN · Houses & Market Data
Albert Lea, Minnesota houses and real estate market data.
Houses in Albert Lea, MN (Freeborn County) — Census median home value $150,400, county listing prices up about 4.4% over the past year. Market data for Albert Lea houses and the broader area.
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Albert Lea, MN is in Freeborn County, Minnesota — this guide covers houses in Albert Lea and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 18,379, with a median household income of $62,522. Census data puts the median value of houses in Albert Lea at $150,400.
Info from government sites and builders may have provided source info.
Market overview
Albert Lea housing market
Albert Lea is in Freeborn County, Minnesota. Manifest Census and county price-trend data provide baseline context for houses in Albert Lea and the surrounding county market.
Median home value (Census ACS)
$150,400
Population (Census ACS)
18,379
Median household income
$62,522
County price trend (2025)
4.38% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Albert Lea market snapshot
Population
18,379
County
Freeborn County
Median Household Income
$62,522
Median Home Value (city)
$150,400
Median Gross Rent
$845/mo
Price Trend (YoY)
+4.4%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Albert Lea different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Albert Lea's median home value — across all owner-occupied homes, not just recent sales — at $150,400.
County Price Trend
Freeborn County's FHFA house price index shows a 4.38% annual change in 2025.
Population & Income
Albert Lea has an estimated population of 18,379 and a median household income of $62,522, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Albert Lea's Census-reported median home value works out to about 2.4x the area's median household income, and median gross rent runs roughly 16% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Albert Lea
County guide: Freeborn County — cities, market context, and local resources for the county that includes Albert Lea.
USAHouses.com also helps visitors looking in nearby Freeborn County and other Minnesota communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Hayward, Manchester, Glenville, Twin Lakes, Clarks Grove, Conger, Alden, Hollandale, Emmons, Myrtle, Hartland, Geneva, Freeborn.
Hayward market data
Nearby city · ~5.9 mi
Manchester market data
Nearby city · ~6.5 mi
Glenville market data
Nearby city · ~6.9 mi
Twin Lakes market data
Nearby city · ~7.1 mi
Clarks Grove market data
Nearby city · ~7.7 mi
Conger market data
Nearby city · ~8.6 mi
Alden market data
Nearby city · ~10.3 mi
Hollandale market data
Nearby city · ~10.8 mi
Emmons market data
Nearby city · ~11.8 mi
Myrtle market data
Nearby city · ~11.9 mi
Hartland market data
Nearby city · ~12.0 mi
Geneva market data
Nearby city · ~12.3 mi
Freeborn market data
Nearby city · ~12.6 mi
More Minnesota cities with market guides: Rochester, Bloomington, Duluth, Brooklyn Park, Plymouth, Woodbury, Lakeville, Blaine.
Rochester market data
Same-state city guide
Bloomington market data
Same-state city guide
Duluth market data
Same-state city guide
Brooklyn Park market data
Same-state city guide
Plymouth market data
Same-state city guide
Woodbury market data
Same-state city guide
Lakeville market data
Same-state city guide
Blaine market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Ellendale (~15.4 mi), Walters (~15.9 mi), New Richland (~17.8 mi), Kiester (~19.2 mi), Austin (~19.3 mi), Wells (~19.4 mi), Mapleview (~19.7 mi), Lansing (~20.9 mi), Bricelyn (~23.4 mi), Lyle (~23.5 mi), Waldorf (~25.5 mi), Brownsdale (~25.5 mi), Waltham (~27.0 mi), Rose Creek (~27.0 mi), Easton (~27.9 mi), Frost (~28.5 mi).
New construction: New homes near Albert Lea (Minneapolis St Paul) · Minnesota new construction.
Census & home facts
Albert Lea data from published sources
Population (ACS 2023)
18,379
Median home value (ACS 2023)
$150,400
Median household income (ACS 2023)
$62,522
Median gross rent (ACS 2023)
$845
County FHFA annual change (2025)
4.38%
Census place type
city
County
Freeborn County
Land area (Census Gazetteer 2024)
13.29 sq mi
Census GEOID
2700694
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near Albert Lea
Availability and pricing are controlled by the builder and may change; confirm with the builder.
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Local life
Life in Albert Lea
Schools
ALBERT LEA PUBLIC SCHOOL DISTRICT — 9 schools, 3,460 students enrolled, per the U.S. Department of Education's Common Core of Data. Freeborn addresses may be served by ALBERT LEA PUBLIC SCHOOL DISTRICT, but attendance zones vary by street — confirm assigned schools with the district before making a move.
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Common questions
Albert Lea FAQ
What are houses worth in Albert Lea, MN?
The Census Bureau's American Community Survey puts the median value of houses in Albert Lea at $150,400.
How much do houses cost in Albert Lea, MN?
For owner-occupied houses in Albert Lea, Census ACS data shows a median value of $150,400. Active listing prices in Freeborn County may differ — see the market snapshot above.
What types of houses are in Albert Lea, MN?
Albert Lea houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Freeborn County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Albert Lea, MN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Albert Lea's population at approximately 18,379.
What's the median rent in Albert Lea, MN?
The Census ACS estimates median gross rent in Albert Lea at approximately $845 per month.
What is the median household income in Albert Lea, MN?
Census ACS data puts the median household income in Albert Lea at approximately $62,522.
Is the Albert Lea housing market growing?
Freeborn County's FHFA house price index shows a 4.38% annual change in 2025.
Is Albert Lea, MN affordable relative to income?
Census ACS data puts Albert Lea's median home value at about 2.4 times the median household income, with median gross rent equal to roughly 16% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
What school district serves Albert Lea, MN?
Manifest and public school-directory data suggest ALBERT LEA PUBLIC SCHOOL DISTRICT for many Albert Lea addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.
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