Albert Lea, MN Metro Area - Investment Guide
Metro Area • 7 Cities • 7 ZIP Codes
Avg Home Value
$232,345
Avg Monthly Rent
$923
Avg Cap Rate
3.19%
Avg Investability
3.0 ★
Cities
7
ZIP Codes
7
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Market Trends
Metro Home Value History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Albert Lea, MN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
6.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Albert Lea, MN
Every ZIP in the metro, ranked four ways. Free.
Cities in Albert Lea, MN
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 56036 | Glenville | MN | $235,940 | $927 | 3.06% | |
| 56007 | Albert Lea | MN | $184,012 | $1,046 | 4.43% | |
| 56043 | Hayward | MN | $210,055 | $882 | 3.28% | |
| 56045 | Hollandale | MN | $193,745 | $873 | 3.51% | |
| 56016 | Clarks Grove | MN | $228,679 | $945 | 3.22% | |
| 56026 | Ellendale | MN | $317,396 | $918 | 2.26% | |
| 56035 | Geneva | MN | $231,859 | $873 | 2.94% | |
| 56007 | Albert Lea | MN | $174,650 | $873 | 3.90% | |
| 56036 | Glenville | MN | $244,333 | $927 | 2.96% | |
| 56016 | Clarks Grove | MN | $216,570 | $945 | 3.40% | |
| 56043 | Hayward | MN | $218,316 | $882 | 3.15% | |
| 56045 | Hollandale | MN | $201,820 | $873 | 3.37% | |
| 56026 | Ellendale | MN | $295,664 | $918 | 2.42% | |
| 56035 | Geneva | MN | $215,775 | $873 | 3.16% | |
| 56036 | Glenville | MN | $224,896 | $927 | 3.22% | |
| 56007 | Albert Lea | MN | $186,762 | $960 | 4.01% | |
| 56043 | Hayward | MN | $203,025 | $882 | 3.39% | |
| 56045 | Hollandale | MN | $184,914 | $873 | 3.68% | |
| 56016 | Clarks Grove | MN | $227,946 | $945 | 3.23% | |
| 56026 | Ellendale | MN | $315,186 | $918 | 2.27% | |
| 56035 | Geneva | MN | $231,196 | $873 | 2.95% | |
| 56007 | Albert Lea | MN | $175,059 | $873 | 3.89% | |
| 56036 | Glenville | MN | $244,654 | $927 | 2.96% | |
| 56016 | Clarks Grove | MN | $213,467 | $945 | 3.45% | |
| 56043 | Hayward | MN | $219,531 | $882 | 3.13% | |
| 56045 | Hollandale | MN | $200,885 | $873 | 3.39% | |
| 56026 | Ellendale | MN | $299,024 | $918 | 2.39% | |
| 56035 | Geneva | MN | $214,317 | $873 | 3.18% | |
| 56036 | Glenville | MN | $225,360 | $927 | 3.21% | |
| 56007 | Albert Lea | MN | $183,358 | $960 | 4.08% | |
| 56043 | Hayward | MN | $202,171 | $882 | 3.40% | |
| 56045 | Hollandale | MN | $183,739 | $873 | 3.71% | |
| 56016 | Clarks Grove | MN | $224,847 | $945 | 3.28% | |
| 56026 | Ellendale | MN | $312,916 | $918 | 2.29% | |
| 56035 | Geneva | MN | $227,233 | $873 | 3.00% | |
| 56007 | Albert Lea | MN | $175,059 | $873 | 3.89% | |
| 56036 | Glenville | MN | $237,362 | $927 | 3.05% | |
| 56016 | Clarks Grove | MN | $213,467 | $945 | 3.45% | |
| 56043 | Hayward | MN | $213,684 | $882 | 3.22% | |
| 56045 | Hollandale | MN | $196,952 | $873 | 3.46% | |
| 56026 | Ellendale | MN | $299,024 | $918 | 2.39% | |
| 56035 | Geneva | MN | $214,317 | $873 | 3.18% | |
| 56036 | Glenville | MN | $225,360 | $927 | 3.21% | |
| 56007 | Albert Lea | MN | $182,411 | $960 | 4.11% | |
| 56043 | Hayward | MN | $202,171 | $882 | 3.40% | |
| 56016 | Clarks Grove | MN | $224,280 | $945 | 3.29% | |
| 56045 | Hollandale | MN | $183,739 | $873 | 3.71% | |
| 56026 | Ellendale | MN | $307,280 | $918 | 2.33% | |
| 56035 | Geneva | MN | $224,352 | $873 | 3.04% |
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About Albert Lea, MN Real Estate Market
The Albert Lea, MN metropolitan statistical area (MSA) encompasses 7 cities and 7 ZIP codes. The average home value across the metro is $232,345, with an average monthly rent of $923. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.