Market Summary

Albert Lea, Freeborn County, MN

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Median Home Price Price

$166,201 $166.2K

Median Monthly Rent Rent

$1,013 $1K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Freeborn County

Region Price Rent GRM Display
$139,838 $1,084 11.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Freeborn County

Region Price Rent GRM Display
$216,143 $1,076 17.0x
$296,783 $1,021 24.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
$299,638 $1,351 19.0x
$332,001 $2,214 13.0x
$266,820 $1,599 14.0x
$169,666 $989 14.0x
$396,692 $2,728 12.0x
$163,282 $1,128 12.0x
$249,699 $939 22.0x
$272,648 $1,745 13.0x
$94,665 $1,027 8.0x
$252,007 $1,526 14.0x
$212,670 $1,119 16.0x
$197,304 $897 18.0x
$712,028 $4,351 14.0x
$198,931 $1,191 14.0x
$370,024 $1,009 30.0x
$260,778 $1,416 15.0x
$195,214 $1,295 13.0x
$506,938 $4,269 10.0x
$297,148 $1,709 14.0x
$245,577 $1,339 15.0x
$104,121 $1,025 8.0x
$213,994 $983 18.0x
$171,740 $980 15.0x
$513,114 $2,812 15.0x
$227,796 $925 20.0x
$222,586 $1,279 14.0x
$188,654 $1,145 14.0x
$237,520 $1,311 15.0x
$169,503 $1,154 12.0x
$214,130 $1,275 14.0x
$196,668 $965 17.0x
$316,020 $1,755 15.0x
$374,970 $981 32.0x
$162,416 $1,098 12.0x
$214,799 $1,136 16.0x
$203,511 $1,159 15.0x
$170,523 $721 20.0x
$353,770 $955 31.0x
$222,890 $1,601 12.0x
$341,563 $2,114 13.0x
$246,310 $1,209 17.0x
$212,500 $1,041 17.0x
$116,792 $1,011 10.0x
$134,642 $1,020 11.0x
$181,786 $1,015 15.0x

Home prices

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Monthly rent

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GRM

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Albert Lea

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Trend Insights

Median Rent in Albert Lea, MN is $1,013, with MoM change +$9 and YoY change +$56 pointing to positive momentum while volatility is low (std $13).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Albert Lea, MN.

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Metric
Base market Albert Lea, MN
Compare market Select a market
Delta vs base
Median rent
$1,013
N/A
Median price
$166,201
N/A
YoY change
+$56
N/A
Price-to-rent
13.7x
Data unavailable
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