Monthly cost of buying the typical home, at today's average 30-year rate. Change any number to fit your situation.
Zillow doesn't publish a rent index for this area.
Our forecast of +4.9% over 12 months would add roughly $818 a month in value to the owner's side, but the 80% range runs from +0.1% to +11.8%, so treat it as uncertain.
Estimates only. Excludes maintenance (often about 1% of the price a year), the return the down payment could earn elsewhere, and tax effects. Rent is the Zillow Observed Rent Index, a typical market rent for all home types.
Redfin, all residential, monthly. These feed the metro trend model.
Strongest forecast relative to the metro first. “vs. metro” ranks each ZIP within Albert Lea, MN (100 = strongest).
| 56042 New Richland, MN | $258,737 | ▲ 10.5% | ▲ 7.4% +1% to +15% | 100 |
| 56036 Glenville, MN | $241,302 | ▲ 9.3% | ▲ 6.5% −0% to +14% | 91 |
| 56029 Emmons, MN | $190,033 | ▲ 6.3% | ▲ 6.3% −0% to +14% | 82 |
| 56032 Freeborn, MN | $143,259 | ▲ 5.6% | ▲ 6.2% −0% to +14% | 73 |
| 56045 Hollandale, MN | $200,498 | ▲ 9.7% | ▲ 6.1% −0% to +14% | 64 |
| 56026 Ellendale, MN | $311,943 | ▲ 6.4% | ▲ 6.1% −0% to +14% | 55 |
| 56043 Hayward, MN | $220,176 | ▲ 7.4% | ▲ 6.0% −1% to +14% | 45 |
| 56009 Alden, MN | $241,636 | ▲ 7.7% | ▲ 6.0% −1% to +14% | 36 |
| 56035 Geneva, MN | $227,431 | ▲ 7.2% | ▲ 5.9% −1% to +13% | 27 |
| 56016 Clarks Grove, MN | $224,760 | ▲ 4.8% | ▲ 5.2% −1% to +13% | 18 |
| 56097 Minnesota Lake, MN | $186,251 | ▲ 3.7% | ▲ 5.1% −1% to +13% | 9 |
| 56007 Albert Lea, MN | $184,898 | ▲ 4.6% | ▲ 4.9% −2% to +12% | 0 |