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2025 Compare Cities Housing:
Albert Lea, MN vs Rapid City, SD

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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 Rapid City.
 Albert Lea, MNRapid City, SDUnited States
 Median Home Age62  Unlock42
 Median Home Cost  Unlock$292,500$338,100
 Home Appr. Last 12 months11.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock65.2%57.0%
 Home Appr. Last 10 yrs.70.2%  Unlock101.1%
 Property Tax Rate  Unlock$12.8$11.0
 Homes Owned65.7%  Unlock57.4%
 Housing Vacant  Unlock8.1%11.2%
 Homes Rented25.6%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Albert Lea, MNRapid City, SDUnited States
 Average Rent  Unlock$1,370$1,840
 Studio Apartment$600  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$760$1,180
 2 Bedroom Home or Apartment$900  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,390$1,860
 4 Bedroom Home or Apartment$1,320  Unlock$2,160
 space1
 Vacant Housing
 Albert Lea, MNRapid City, SDUnited States
 Vacant For Rent  Unlock1.8%1.9%
 Vacant Rented0.6%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock1.3%3.6%
 Vacant Other5.4%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Albert Lea, MNRapid City, SDUnited States
 Less Than $20,000  Unlock3.6%2.6%
 $20,000 to $39,9992.4%  Unlock2.4%
 $40,000 to $59,999  Unlock2.5%2.8%
 $60,000 to $79,99915.1%  Unlock3.9%
 $80,000 to $99,999  Unlock2.2%4.5%
 $100,000 to $149,99918.9%  Unlock11.3%
 $150,000 to $199,999  Unlock20.5%13.0%
 $200,000 to $299,99913.0%  Unlock20.1%
 $300,000 to $399,999  Unlock12.6%13.6%
 $400,000 to $499,9991.3%  Unlock8.3%
 $500,000 to $749,999  Unlock4.2%9.7%
 $750,000 to $999,9990.2%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.5%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
 space3
 Housing Units By Year Built
 Albert Lea, MNRapid City, SDUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock13.5%13.6%
 2000 to 20094.8%  Unlock13.6%
 1990 to 1999  Unlock11.6%13.6%
 1980 to 19897.4%  Unlock13.2%
 1970 to 1979  Unlock19.0%14.8%
 1960 to 19696.6%  Unlock13.6%
 1950 to 1959  Unlock14.8%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 Rapid City    31 Reviews
PJ · Amarillo, TX
Don't let the name City deceive you. It's a Town!!
Over 1 years ago

I have lived in this city for the last three and half years and I can't stand it!! Let me spell it out for you, but to be fair, let me give you the Pros first:  More

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Jacob · Eugene, OR
Black Hills are beautiful in summer.
Over 4 years ago

Unless you made your pension out of state or already bought a home you can't afford to liver there. Rapid City is gray in winter.  More

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Dee · Beverly Hills, CA
Title
Over 4 years ago

I've lived in the city 5 years a loved  More

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Learn More About Albert Lea, Minnesota
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