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2025 Compare Cities Housing:
Mankato, MN vs Albert Lea, MN

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Highlights
- The median age of a home in Mankato is 47.6% younger than the median age of a home in Albert Lea.
 Mankato, MNAlbert Lea, MNUnited States
 Median Home Age42  Unlock42
 Median Home Cost  Unlock$132,000$338,100
 Home Appr. Last 12 months11.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock43.0%57.0%
 Home Appr. Last 10 yrs.70.2%  Unlock101.1%
 Property Tax Rate  Unlock$11.9$11.0
 Homes Owned48.0%  Unlock57.4%
 Housing Vacant  Unlock8.7%11.2%
 Homes Rented43.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Mankato, MNAlbert Lea, MNUnited States
 Average Rent  Unlock$1,100$1,840
 Studio Apartment$890  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$680$1,180
 2 Bedroom Home or Apartment$1,140  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,120$1,860
 4 Bedroom Home or Apartment$1,940  Unlock$2,160
 space1
 Vacant Housing
 Mankato, MNAlbert Lea, MNUnited States
 Vacant For Rent  Unlock1.0%1.9%
 Vacant Rented1.2%  Unlock0.4%
 Vacant For Sale  Unlock0.7%0.7%
 Vacant Sold0.1%  Unlock0.4%
 Vacant Vacation  Unlock0.7%3.6%
 Vacant Other1.9%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Mankato, MNAlbert Lea, MNUnited States
 Less Than $20,000  Unlock2.4%2.6%
 $20,000 to $39,9993.1%  Unlock2.4%
 $40,000 to $59,999  Unlock8.2%2.8%
 $60,000 to $79,9990.9%  Unlock3.9%
 $80,000 to $99,999  Unlock16.8%4.5%
 $100,000 to $149,99912.2%  Unlock11.3%
 $150,000 to $199,999  Unlock17.1%13.0%
 $200,000 to $299,99931.1%  Unlock20.1%
 $300,000 to $399,999  Unlock3.6%13.6%
 $400,000 to $499,9992.2%  Unlock8.3%
 $500,000 to $749,999  Unlock0.8%9.7%
 $750,000 to $999,9990.3%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.2%2.2%
 $1,500,000 to $1,999,9990.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Mankato, MNAlbert Lea, MNUnited States
 2015 and Newer0.6%  Unlock0.2%
 2010 to 2014  Unlock4.8%13.6%
 2000 to 200916.7%  Unlock13.6%
 1990 to 1999  Unlock6.6%13.6%
 1980 to 19898.6%  Unlock13.2%
 1970 to 1979  Unlock15.0%14.8%
 1960 to 196910.8%  Unlock13.6%
 1950 to 1959  Unlock20.5%10.0%
 1940 to 19495.1%  Unlock4.7%
 1939 or Earlier  Unlock23.5%12.2%
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Reviews for Mankato    4 Reviews
Gen · Mankato, MN
99 bottles of beer on the wall
Over 11 years ago

Mankato, MN is a small community that has some nice features (small concerts, theatre, parks, etc.) but unfortunately every time you turn around there is a new social  More

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Wildchild · Mankato, MN
Mankato does have some culture
Over 12 years ago

It depends on what your view of culture is. For a city of about 60,000 it does have SOME. You need to look to find it. Start at Minnesota State, from national  More

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Nay · Mankato, MN
Kato
Over 13 years ago

Love  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 Mankato, Minnesota
Overview
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Learn More About Albert Lea, Minnesota
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