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2025 Compare Cities Housing:
Thief River Falls, MN vs Albert Lea, MN

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Highlights
- The median age of a home in Thief River Falls is 19.2% younger than the median age of a home in Albert Lea.
 Thief River Falls, MNAlbert Lea, MNUnited States
 Median Home Age52  Unlock42
 Median Home Cost  Unlock$132,000$338,100
 Home Appr. Last 12 months14.7%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock43.0%57.0%
 Home Appr. Last 10 yrs.74.6%  Unlock101.1%
 Property Tax Rate  Unlock$11.9$11.0
 Homes Owned59.1%  Unlock57.4%
 Housing Vacant  Unlock8.7%11.2%
 Homes Rented31.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Thief River Falls, MNAlbert Lea, MNUnited States
 Average Rent  Unlock$1,100$1,840
 Studio Apartment$640  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$680$1,180
 2 Bedroom Home or Apartment$950  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,120$1,860
 4 Bedroom Home or Apartment$1,380  Unlock$2,160
 space1
 Vacant Housing
 Thief River Falls, MNAlbert Lea, MNUnited States
 Vacant For Rent  Unlock1.0%1.9%
 Vacant Rented1.4%  Unlock0.4%
 Vacant For Sale  Unlock0.7%0.7%
 Vacant Sold1.0%  Unlock0.4%
 Vacant Vacation  Unlock0.7%3.6%
 Vacant Other1.7%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Thief River Falls, MNAlbert Lea, MNUnited States
 Less Than $20,000  Unlock2.4%2.6%
 $20,000 to $39,9991.8%  Unlock2.4%
 $40,000 to $59,999  Unlock8.2%2.8%
 $60,000 to $79,9994.5%  Unlock3.9%
 $80,000 to $99,999  Unlock16.8%4.5%
 $100,000 to $149,99927.1%  Unlock11.3%
 $150,000 to $199,999  Unlock17.1%13.0%
 $200,000 to $299,99916.4%  Unlock20.1%
 $300,000 to $399,999  Unlock3.6%13.6%
 $400,000 to $499,9991.5%  Unlock8.3%
 $500,000 to $749,999  Unlock0.8%9.7%
 $750,000 to $999,9990.0%  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
 Thief River Falls, MNAlbert Lea, MNUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock4.8%13.6%
 2000 to 20096.3%  Unlock13.6%
 1990 to 1999  Unlock6.6%13.6%
 1980 to 19896.9%  Unlock13.2%
 1970 to 1979  Unlock15.0%14.8%
 1960 to 196911.0%  Unlock13.6%
 1950 to 1959  Unlock20.5%10.0%
 1940 to 19497.9%  Unlock4.7%
 1939 or Earlier  Unlock23.5%12.2%
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Reviews for Thief River Falls    2 Reviews
Danica · Thief River Falls, MN
It's a great fit for some
Over 3 years ago

I grew up here and came back for 10 years as an adult. There are jobs to be had with decent wages, but few large employers. This works out fine if you like what you're  More

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Kim · Thief River Falls, MN
Small Town, Big Opportunities
Over 17 years ago

Thief River is a nice town, relatively untouched by the economic downturn plaguing the rest of the country. You can still find a pretty nice home here for around $100K  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 Thief River Falls, Minnesota
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Learn More About Albert Lea, Minnesota
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