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These days, finding an affordable place to live in the Albertville area can be challenging. Home prices in Albertville are now at a median cost of $368,483, higher than the Minnesota average of $345,793.
The average cost of rent is $1,636/mo in Albertville, primarily driven by the current value of real estate in the Albertville area. In Albertville, 9.25% of households rent, and 18.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Albertville is $10,974 per month. Households that rent pay about 14.91% of their income on rent here. Albertville’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. Michael, MN: equally priced homes
- Otsego, MN: higher priced homes
- Hanover, MN: higher priced homes
- Rogers, MN: higher priced homes
- Elk River, MN: equally priced homes
- Monticello, MN: equally priced homes
- Big Lake, MN: equally priced homes
- Dayton, MN: higher priced homes
- Corcoran, MN: higher priced homes
- Greenfield, MN: higher priced homes
Cities with Similar Populations
- Key Biscayne, FL: higher priced homes
- Polk City, FL: less expensive homes
- Belchertown, MA: equally priced homes
- Key Largo, FL: higher priced homes
- East Milton, FL: less expensive homes
- Newman, CA: higher priced homes
- Ogdensburg, NY: less expensive homes
- Stella Rincon, PR: less expensive homes
- Browns Summit, NC: less expensive homes
- Silverton, OR: higher priced homes
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