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

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Highlights
- The median age of a home in Grand Rapids is 44.2% younger than the median age of a home in Albert Lea.
 Grand Rapids, MNAlbert Lea, MNUnited States
 Median Home Age43  Unlock42
 Median Home Cost  Unlock$132,000$338,100
 Home Appr. Last 12 months13.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock43.0%57.0%
 Home Appr. Last 10 yrs.60.0%  Unlock101.1%
 Property Tax Rate  Unlock$11.9$11.0
 Homes Owned58.9%  Unlock57.4%
 Housing Vacant  Unlock8.7%11.2%
 Homes Rented36.1%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Grand Rapids, MNAlbert Lea, MNUnited States
 Average Rent  Unlock$1,100$1,840
 Studio Apartment$740  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$680$1,180
 2 Bedroom Home or Apartment$980  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,120$1,860
 4 Bedroom Home or Apartment$1,310  Unlock$2,160
 space1
 Vacant Housing
 Grand Rapids, MNAlbert Lea, MNUnited States
 Vacant For Rent  Unlock1.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.7%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.7%3.6%
 Vacant Other0.0%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Grand Rapids, MNAlbert Lea, MNUnited States
 Less Than $20,000  Unlock2.4%2.6%
 $20,000 to $39,9990.7%  Unlock2.4%
 $40,000 to $59,999  Unlock8.2%2.8%
 $60,000 to $79,9994.2%  Unlock3.9%
 $80,000 to $99,999  Unlock16.8%4.5%
 $100,000 to $149,99923.8%  Unlock11.3%
 $150,000 to $199,999  Unlock17.1%13.0%
 $200,000 to $299,99922.8%  Unlock20.1%
 $300,000 to $399,999  Unlock3.6%13.6%
 $400,000 to $499,9990.0%  Unlock8.3%
 $500,000 to $749,999  Unlock0.8%9.7%
 $750,000 to $999,9990.6%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.2%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
 Grand Rapids, MNAlbert Lea, MNUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock4.8%13.6%
 2000 to 200910.3%  Unlock13.6%
 1990 to 1999  Unlock6.6%13.6%
 1980 to 198912.9%  Unlock13.2%
 1970 to 1979  Unlock15.0%14.8%
 1960 to 196912.9%  Unlock13.6%
 1950 to 1959  Unlock20.5%10.0%
 1940 to 19497.0%  Unlock4.7%
 1939 or Earlier  Unlock23.5%12.2%
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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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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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Learn More About Grand Rapids, Minnesota
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