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2025 Compare Cities Housing:
Albert Lea, MN vs Grand Rapids, MN

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Highlights
- The median age of a home in Albert Lea is 30.6% older than the median age of a home in Grand Rapids.
 Albert Lea, MNGrand Rapids, MNUnited States
 Median Home Age62  Unlock42
 Median Home Cost  Unlock$216,000$338,100
 Home Appr. Last 12 months11.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock50.0%57.0%
 Home Appr. Last 10 yrs.70.2%  Unlock101.1%
 Property Tax Rate  Unlock$8.5$11.0
 Homes Owned65.7%  Unlock57.4%
 Housing Vacant  Unlock5.0%11.2%
 Homes Rented25.6%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Albert Lea, MNGrand Rapids, MNUnited States
 Average Rent  Unlock$1,170$1,840
 Studio Apartment$600  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$740$1,180
 2 Bedroom Home or Apartment$900  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,190$1,860
 4 Bedroom Home or Apartment$1,320  Unlock$2,160
 space1
 Vacant Housing
 Albert Lea, MNGrand Rapids, MNUnited States
 Vacant For Rent  Unlock1.3%1.9%
 Vacant Rented0.6%  Unlock0.4%
 Vacant For Sale  Unlock1.0%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock2.7%3.6%
 Vacant Other5.4%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Albert Lea, MNGrand Rapids, MNUnited States
 Less Than $20,000  Unlock3.5%2.6%
 $20,000 to $39,9992.4%  Unlock2.4%
 $40,000 to $59,999  Unlock2.0%2.8%
 $60,000 to $79,99915.1%  Unlock3.9%
 $80,000 to $99,999  Unlock5.1%4.5%
 $100,000 to $149,99918.9%  Unlock11.3%
 $150,000 to $199,999  Unlock26.3%13.0%
 $200,000 to $299,99913.0%  Unlock20.1%
 $300,000 to $399,999  Unlock11.1%13.6%
 $400,000 to $499,9991.3%  Unlock8.3%
 $500,000 to $749,999  Unlock0.0%9.7%
 $750,000 to $999,9990.2%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Albert Lea, MNGrand Rapids, MNUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock10.3%13.6%
 2000 to 20094.8%  Unlock13.6%
 1990 to 1999  Unlock12.9%13.6%
 1980 to 19897.4%  Unlock13.2%
 1970 to 1979  Unlock17.5%14.8%
 1960 to 19696.6%  Unlock13.6%
 1950 to 1959  Unlock11.8%10.0%
 1940 to 19497.8%  Unlock4.7%
 1939 or Earlier  Unlock7.6%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 Grand Rapids    2 Reviews
Teresa · Grand Rapids, MN
Safe place to live!!!!
Over 15 years ago

I have lived in Grand Rapids my entire life. (43 years) I always feel safe here. We don't lock our house when we leave during the day. We only lock it at night. My  More

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MnSophieJo · Grand Rapids, MN
Birthplace of Judy Garland - Land of OZ
Over 15 years ago

Grand Rapids is my hometown being born here in 1961. Here's the long and short of it. I love it in the summer. I hate the winter. Winters are long, gray and hard.   More

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Learn More About Albert Lea, Minnesota
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