What is the median rent in Albert Lea, MN?

Name: Median rent in Albert Lea, MN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Albert Lea, MN is $857 (±$71) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 1,918 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Albert Lea, the median gross rent went from $687 in 2015–2019 to $857 in 2020–2024 (+24.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $857 (±$71)
Rented homes: 1,918 (±238)
$2,000 or more: 2.5%
Since 2015–2019: +24.7%

How much rent costs in Albert Lea

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Albert Lea	Freeborn County	Minnesota	United States
Less than $500	12.3% (±5.1 points)	13.5%	8.4%	6.3%
$500 to $999	51.0% (±8.8 points)	51.8%	21.5%	20.2%
$1,000 to $1,499	21.5% (±7.0 points)	21.9%	33.6%	28.1%
$1,500 to $1,999	12.6% (±5.3 points)	10.7%	21.4%	21.1%
$2,000 to $2,499	0.9% (±0.9 points)	0.8%	9.2%	12.0%
$2,500 to $2,999	0.6% (±1.0 points)	0.5%	3.0%	5.5%
$3,000 or more	1.0% (±0.8 points)	0.8%	3.0%	6.8%

The most common range is $500 to $999, paid by 51.0% of renting households.

2.5% of rented homes in Albert Lea cost $2,000 or more a month.

Albert Lea against Freeborn County, its state and the nation

Estimate (90% margin of error)
	Albert Lea	Freeborn County	Minnesota	United States
Median gross rent	$857 (±$71)	$849 (±$50)	$1,280 (±$7)	$1,413
Rented homes paying rent	1,918 (±238)	2,407 (±242)	614,257 (±4,397)	42,849,984

In Albert Lea, median gross rent is not measurably different from Freeborn County ($849).

It is also lower than in Minnesota ($1,280).

It is lower than the national figure ($1,413).

In Freeborn County, Albert Lea ranks 11 of 21 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 863 of 1,347.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Albert Lea has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$687 (±$17)	$857 (±$71)	+24.7%	No measurable change after inflation
Households that rent	30.9% (±2.8 points)	25.9% (±2.8 points)	−5.0 percentage points	Measurable decrease
Rental vacancy rate	5.5% (±3.7 points)	6.0% (±4.4 points)	+0.5 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Albert Lea

Nearest places with a published estimate, compared with Albert Lea
Place	Distance	Median gross rent	Compared with this place
Albert Lea	—	$857 (±$71)	—
Albert Lea Township	1.9 mi	$925 (±$281)	Not measurably different
Pickerel Lake Township	6.0 mi	$489 (±$272)	Lower
Hayward Township	6.5 mi	$638 (±$356)	Not measurably different
Glenville	6.9 mi	$903 (±$503)	Not measurably different
Twin Lakes	7.1 mi	$558 (±$34)	Lower
Clarks Grove	7.7 mi	$845 (±$177)	Not measurably different
Freeman Township	7.8 mi	$817 (±$252)	Not measurably different
Nunda Township	9.5 mi	$1,083 (±$389)	Not measurably different

Nearby places with a measurably lower figure: Pickerel Lake Township, MN ($489), Twin Lakes, MN ($558).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Freeborn County, place by place

Rank	Place	Median gross rent
5	Alden	$1,042 (±$505)
6	Hartland Township	$975 (±$133)
7	Albert Lea Township	$925 (±$281)
8	Glenville	$903 (±$503)
9 (tie)	London Township	$900 (±$407)
9 (tie)	Moscow Township	$900 (±$98)
11	Albert Lea	$857 (±$71)
12	Clarks Grove	$845 (±$177)
13	Freeman Township	$817 (±$252)
14	Emmons	$792 (±$107)
15	Geneva	$670 (±$116)
16 (tie)	Freeborn	$642 (±$393)
16 (tie)	Hollandale	$642 (±$400)

Showing 13 of 21 places in Freeborn County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Albert Lea

What is the average rent in Albert Lea, MN?

The Census Bureau publishes the median rather than the average: the median gross rent in Albert Lea is $857 (±$71) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Albert Lea?

In Albert Lea, the median gross rent went from $687 in 2015–2019 to $857 in 2020–2024 (+24.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Albert Lea cost more than $2,000 a month?

2.5% of rented homes in Albert Lea have a gross rent of $2,000 or more a month, and 12.3% cost less than $500.

Is rent in Albert Lea higher than in Freeborn County?

In Albert Lea, median gross rent is not measurably different from Freeborn County ($849).

It is also lower than in Minnesota ($1,280).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Albert Lea city, Minnesota (place:00694, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.