56007
Albert Lea, Minnesota.
Albert Lea, Freeborn County, MN · Albert Lea, MN metro · population 21,377
to buy the typical home at today's mortgage rate — +$513 (+116%) since Jan 2020.
- 1 year
- Up $7,963 +5%
- $174,465$182,428 since Sep 2025
- 5 years
- Up $36,243 +25%
- $146,185$182,428 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 56007$958
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in zip 56007 rose 4.6% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Albert Lea, MN — measured over the city limits, which is a different area from this zip.
Asking rent — 56007
Against the Albert Lea, MN metro and the national benchmark.
- 56007$1,043
- Albert Lea$1,054
- United States$1,932
Typical home value — 56007
Mid-tier homes, smoothed and seasonally adjusted.
- 56007$182,428
- Albert Lea$197,426
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 4.8 | 56043 | Hayward | 423 | — | $218,164 |
| 7.2 | 56016 | Clarks Grove | 989 | — | $223,789 |
| 8.9 | 56045 | Hollandale | 922 | — | $196,172 |
| 9.1 | 56036 | Glenville | 1,740 | — | $238,953 |
| 11.5 | 56035 | Geneva | 387 | — | $225,616 |
| 11.8 | 56009 | Alden | 1,527 | — | $238,117 |
| 12.7 | 56042 | Hartland | 751 | — | $255,107 |
| 13.9 | 56029 | Emmons | 642 | — | $187,302 |
| 14.3 | 56032 | Freeborn | 407 | — | $140,979 |
| 14.9 | 56026 | Ellendale | 2,124 | — | $301,670 |
| 15.3 | 50459 | Northwood | 3,045 | — | $204,393 |
| 16.7 | 55912 | Austin | 29,632 | $1,161 | $189,158 |
| 18.8 | 56072 | New Richland | 2,228 | — | $273,303 |
| 19.3 | 50450 | Lake Mills | 2,952 | — | $172,251 |
| 19.8 | 55917 | Blooming Prairie | 3,410 | — | $268,896 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.