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2024 Compare Cities Housing:
Albert Lea, MN vs Payson, AZ

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Highlights
- The median age of a home in Albert Lea is 51.6% older than the median age of a home in Payson.

Housing
 Albert Lea, MNPayson, AZUnited States
 Median Home Age623042
 Median Home Cost$132,000$400,000$338,100
 Home Appr. Last 12 months11.6%18.9%16.6%
 Home Appr. Last 5 yrs.43.0%82.9%57.0%
 Home Appr. Last 10 yrs.70.2%138.7%101.1%
 Property Tax Rate$11.9$6.2$11.0
 Homes Owned65.7%58.8%57.4%
 Housing Vacant8.7%23.4%11.2%
 Homes Rented25.6%17.8%31.4%
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 Avg Rent For Home Or Apartment
 Albert Lea, MNPayson, AZUnited States
 Average Rent$1,100$1,530$1,840
 Studio Apartment$600$850$1,080
 1 Bedroom Home or Apartment$680$850$1,180
 2 Bedroom Home or Apartment$900$1,120$1,430
 3 Bedroom Home or Apartment$1,120$1,550$1,860
 4 Bedroom Home or Apartment$1,320$1,560$2,160
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 Vacant Housing
 Albert Lea, MNPayson, AZUnited States
 Vacant For Rent1.0%1.1%1.9%
 Vacant Rented0.6%0.0%0.4%
 Vacant For Sale0.7%0.9%0.7%
 Vacant Sold0.4%0.5%0.4%
 Vacant Vacation0.7%17.2%3.6%
 Vacant Other5.4%3.7%4.1%
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 Owner-Occupied Housing Value
 Albert Lea, MNPayson, AZUnited States
 Less Than $20,0002.4%3.4%2.6%
 $20,000 to $39,9992.4%1.7%2.4%
 $40,000 to $59,9998.2%0.6%2.8%
 $60,000 to $79,99915.1%1.1%3.9%
 $80,000 to $99,99916.8%2.1%4.5%
 $100,000 to $149,99918.9%6.3%11.3%
 $150,000 to $199,99917.1%14.1%13.0%
 $200,000 to $299,99913.0%28.0%20.1%
 $300,000 to $399,9993.6%16.3%13.6%
 $400,000 to $499,9991.3%7.8%8.3%
 $500,000 to $749,9990.8%11.6%9.7%
 $750,000 to $999,9990.2%4.0%3.9%
 $1,000,000 to $1,499,9990.2%1.5%2.2%
 $1,500,000 to $1,999,9990.0%1.2%0.8%
 $2,000,000 and over0.0%0.4%1.1%
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 Housing Units By Year Built
 Albert Lea, MNPayson, AZUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 20144.8%23.4%13.6%
 2000 to 20094.8%23.4%13.6%
 1990 to 19996.6%22.5%13.6%
 1980 to 19897.4%21.4%13.2%
 1970 to 197915.0%17.8%14.8%
 1960 to 19696.6%22.5%13.6%
 1950 to 195920.5%3.3%10.0%
 1940 to 19497.8%1.3%4.7%
 1939 or Earlier23.5%0.2%12.2%

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Reviews for Albert Lea    1 Reviews

Over 18 years ago

After living in the Twin Cities and California, Albert Lea seems dirt cheap. Housing is some of the lowest in the  More

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Reviews for Payson    15 Reviews

We have lived in Payson for over 5 years and love it. It has two large grocery stores, a Walmart, Home Depot, a dozen thrift/ treasure shops, more local shops than we  More

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Over 5 years ago

Payson is a wonderful town especially for retired people and people that want a slower pace... Lots of outdoor activities  More

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Over 5 years ago

I've lived in Payson for 25 years, thank god I worked out of town. There is a saying GO TO PAYSON ON VACATION GO HOME ON PROBATION TURN IN THREE YOU GO  More

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ZIPS IN ALBERT LEA, MINNESOTA
56007
ZIPS IN PAYSON, ARIZONA
85541

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