Home › Cities › Albert Lea, MN

Median Home Price in Albert Lea, MN

The median home value in Albert Lea, MN is $185,100 as of 2026-06-30, up 5.3% from a year earlier.

Median Home Value

$185,100

Year-over-Year

+5.3%

Population

18,194

Albert Lea ranks #107 of 112 Minnesota cities tracked here by median home value, and sits 48.2% below the state's city median of $357,406. It sits in Freeborn County, where the county-wide median is $202,260.

Crime in Albert Lea

Albert Lea police recorded a violent crime rate of 209 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,490 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Albert Lea

How much does a house cost in Albert Lea, MN?

The median home value in Albert Lea is $185,100. That's up 5.3% from a year earlier. That is about 48.2% below the typical county in Minnesota.

Is Albert Lea expensive compared to the surrounding area?

Homes in Albert Lea are cheaper than Freeborn County as a whole, where the median is $202,260 — a difference of about 8.5%.

Is Albert Lea a safe place to live?

Albert Lea police reported 209 violent crimes per 100,000 residents, covering a population of about 18,194. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.