Median Age
42 Years
Largest Age Group
10-19 Years
Approximately 13% of Residents
Under 20
24%
Over 65
24%
Avg Rent
$849
Population
18,413
Renter Mix
32% Rent
Albert Lea sits at the intersection of Interstates 35 and 90 in southern Minnesota, tucked between Fountain Lake and Albert Lea Lake about 90 miles south of the Twin Cities. The city covers roughly 15 square miles and has a population just over 18,000, making it one of the larger cities in the region and the seat of Freeborn County. Residents have easy access to the waterfront, several parks, a walkable historic downtown, and Riverland Community College, which serves the area with technical and academic programs. The annual Freeborn County Fair draws visitors from across the region each summer, making it one of the most anticipated events on the local calendar. Day-to-day life in Albert Lea is shaped by the lakes. Fountain Lake and Albert Lea Lake are popular spots for fishing, kayaking, and boating in warmer months, while snowmobiling and cross-country skiing take over in winter. The Blazing Star Trail connects much of the city and gives residents a dedicated path for walking and biking. Dining, shopping, and services are concentrated along Bridge Avenue and in Historic Downtown Albert Lea, with chain retailers clustered along Garfield Avenue on the south end of town. The rental market in Albert Lea includes a range of housing types, from single-level garden apartments and small apartment communities to townhomes and detached single-family rentals. Options are spread throughout the city, with some older buildings near the downtown core and newer developments along the outer corridors.
Median Household Income
$52,782
Average: $71,200
Education
2,849
Residents Have a Degree
Job Market
8,596
Workers Employed
Median Age
42 Years
Largest Age Group
10-19 Years
Approximately 13% of Residents
Under 20
24%
Over 65
24%
Housing Distribution
Albert Lea has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of July 2026, the average apartment rent in Albert Lea, MN is $736 for a studio, $849 for one bedroom, $1,103 for two bedrooms, and $853 for three bedrooms. Apartment rent in Albert Lea has increased by 4.0% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Albert Lea, MN is for everyday living.
Fairly Walkable
Walkability
Very Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades PK-5
400 Students
Public
Grades PK-5
389 Students
Public
Grades PK-5
389 Students
Public
Grades K-5
435 Students
Public
Grades K-5
282 Students
Public
Grades 6-12
1,218 Students
Public
Grades 6-12
1,196 Students
Public
Grades 6-8
486 Students
Public
Grades 6-8
474 Students
Public
Grades K-12
Public
Grades 6-12
1,218 Students
Public
Grades 6-12
1,196 Students
Public
Grades K-12
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.