Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Alberta area can be challenging. Home prices in Alberta are now at a median cost of $120,296, lower than the Minnesota average of $269,934.
The average cost of rent is $997/mo in Alberta, primarily driven by the current value of real estate in the Alberta area. While nearly 52.89% of residents own their homes outright in Alberta, 20.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alberta is $6,960 per month. Households that rent pay about 14.32% of their income on rent here. Alberta's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Chokio, MN: less expensive homes
- Morris, MN: higher priced homes
- Donnelly, MN: higher priced homes
- Hancock, MN: higher priced homes
- Johnson, MN: equally priced homes
- Cyrus, MN: higher priced homes
- Herman, MN: higher priced homes
- Correll, MN: less expensive homes
- Graceville, MN: less expensive homes
- Dumont, MN: higher priced homes
Cities with Similar Populations
- Baker, CA: equally priced homes
- Index, WA: higher priced homes
- Hickory Ridge, AR: less expensive homes
- Metaline Falls, WA: higher priced homes
- Holbrook, OR: higher priced homes
- Georgetown, MT: higher priced homes
- Topsail Beach, NC: higher priced homes
- Horseshoe Beach, FL: equally priced homes
- Naumburg, NY: higher priced homes
- Dewey, VA: less expensive homes
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