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2025 Compare Cities Housing:
Albert Lea, MN vs Franklin, TN

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Highlights
- The median age of a home in Albert Lea is 64.5% older than the median age of a home in Franklin.
 Albert Lea, MNFranklin, TNUnited States
 Median Home Age62  Unlock42
 Median Home Cost  Unlock$784,100$338,100
 Home Appr. Last 12 months11.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock81.0%57.0%
 Home Appr. Last 10 yrs.70.2%  Unlock101.1%
 Property Tax Rate  Unlock$5.6$11.0
 Homes Owned65.7%  Unlock57.4%
 Housing Vacant  Unlock4.3%11.2%
 Homes Rented25.6%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Albert Lea, MNFranklin, TNUnited States
 Average Rent  Unlock$2,280$1,840
 Studio Apartment$600  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,640$1,180
 2 Bedroom Home or Apartment$900  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,310$1,860
 4 Bedroom Home or Apartment$1,320  Unlock$2,160
 space1
 Vacant Housing
 Albert Lea, MNFranklin, TNUnited States
 Vacant For Rent  Unlock1.7%1.9%
 Vacant Rented0.6%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock0.7%3.6%
 Vacant Other5.4%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Albert Lea, MNFranklin, TNUnited States
 Less Than $20,000  Unlock0.8%2.6%
 $20,000 to $39,9992.4%  Unlock2.4%
 $40,000 to $59,999  Unlock0.2%2.8%
 $60,000 to $79,99915.1%  Unlock3.9%
 $80,000 to $99,999  Unlock0.3%4.5%
 $100,000 to $149,99918.9%  Unlock11.3%
 $150,000 to $199,999  Unlock2.1%13.0%
 $200,000 to $299,99913.0%  Unlock20.1%
 $300,000 to $399,999  Unlock20.3%13.6%
 $400,000 to $499,9991.3%  Unlock8.3%
 $500,000 to $749,999  Unlock28.2%9.7%
 $750,000 to $999,9990.2%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.2%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.8%1.1%
 space3
 Housing Units By Year Built
 Albert Lea, MNFranklin, TNUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock23.8%13.6%
 2000 to 20094.8%  Unlock13.6%
 1990 to 1999  Unlock26.3%13.6%
 1980 to 19897.4%  Unlock13.2%
 1970 to 1979  Unlock6.1%14.8%
 1960 to 19696.6%  Unlock13.6%
 1950 to 1959  Unlock1.8%10.0%
 1940 to 19497.8%  Unlock4.7%
 1939 or Earlier  Unlock1.8%12.2%
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Reviews for Albert Lea    1 Reviews
Kelly · Albert Lea, MN
Very affordable
Over 19 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 Franklin    27 Reviews
Jose · Wesley Chapel, FL
Won’t miss the heat in FL, like change of seasons
Over 4 years ago

After visiting here for a week in the summer, I fell in love with the city! Lots of my friends in Florida already moved here from New Port Richey and Wesley Chapel. I  More

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Kathryn · Franklin, TN
Franklin is a Great Place to Live.
Over 4 years ago

I've lived in Tennessee all my life. I have lived in west,east and middle Tennessee. By far this is the best place I have lived. We have been in Franklin for 8 years. It  More

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Theresa · Franklin, TN
The Good and the Not-So-Good
Over 8 years ago

I love that this is a greatly diverse community with a large African American and Hispanic community around West Main St./Nachez (I'm addicted to Pueblo Real Mexican  More

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Learn More About Albert Lea, Minnesota
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