Albert Lea Homes under $350,000

Welcome to Albert Lea, Minnesota, a hidden gem nestled in the heart of Freeborn County. Known for its picturesque landscapes and vibrant community, Albert Lea offers a unique blend of small-town charm and modern conveniences. With its stunning lakes, lush parks, and rich history, this city is a perfect place for families, retirees, and anyone looking to enjoy a serene lifestyle.

Albert Lea is not just about natural beauty; it also boasts a thriving local economy and a variety of amenities. Residents enjoy access to excellent schools, diverse dining options, and a range of recreational activities, including fishing, hiking, and biking. The city's commitment to community engagement is evident in its numerous events and festivals throughout the year, fostering a strong sense of belonging among its residents.

For those seeking a home in this idyllic setting, Albert Lea offers an impressive selection of properties under $350,000. Whether you're looking for a cozy single-family home, a charming bungalow, or a spacious townhome, you'll find a variety of options that cater to different tastes and budgets. These homes often feature modern amenities, inviting yards, and proximity to local parks and schools, making them ideal for families and first-time buyers alike.

In Albert Lea, you can enjoy the tranquility of suburban living without sacrificing convenience. With easy access to major highways and nearby cities, this community is perfect for those who want a peaceful retreat while still being connected to urban amenities. Experience the warmth and hospitality of Albert Lea—your dream home awaits!

Newest Albert Lea Homes under $350,000

$189,900

2 Beds ⋅ 2 Baths ⋅ 7157870 MLS

This charming 2-bedroom ranch offers comfortable main level living. The home features a large, attached garage-ideal for vehicles, storage, hobbies or workshop space-along with a wonderfully private backyard perfect for relaxing, gardening or hosting outdoor gatherings. The lower level was previously set up with additional bedrooms but has since been transformed into spacious family and entertainment areas, giving you flexible zones for movie nights, game days or hosting friends. This smart conversion adds valuable living space while keeping the home's warm, inviting feel intact. With its practical layout, generous garage and peaceful backyard retreat, this home blends comfort, convenience and room to enjoy every season. Please take a look at our 3D Tour and then book your private showing!

2129 Highland Avenue, Albert Lea

Listing courtesy of Leland Realty.

$309,500

3 Beds ⋅ 2 Baths ⋅ 7155608 MLS

Be the first to own this new-construction home, designed for convenient main-level living. The first floor includes all three bedrooms, two full bathrooms, and laundry. The primary suite features a spacious private bath. A fireplace anchors the living room, with a welcoming front porch just outside for enjoying Minnesota’s perfect spring, summer, and fall weather. Located off the finished attached garage, the kitchen offers stainless-steel appliances, abundant cabinetry, and space for a small breakfast table and chairs. Need more room in the future? The unfinished walk-out basement has two egress windows, allowing for up to two additional bedrooms, along with space for a family room and extra storage. It is also roughed in for another full bathroom. The large backyard offers alley access and may accommodate a future detached garage. Don’t miss the opportunity to be the first to enjoy this home.

409 W Clark Street, Albert Lea

Listing courtesy of Robert Hoffman Realty Inc..

$207,900

3 Beds ⋅ 2 Baths ⋅ 7157045 MLS

Wonderful rambler on a corner lot awaits a new owner. This home is a big home is good shape. 2 bedrooms on the main level with a near formal dining area. There is a large living room on the front and a cozy family room in the back with access to the deck. Both bedrooms are good sized. Another flex room could easily be a third bedroom on this level. Downstairs is another huge kitchen with a dining area and sitting room. The area is just off the garage. Come see this one before its gone!

430 Columbus Avenue, Albert Lea

Listing courtesy of HOMESTEAD ROAD.

$139,000

3 Beds ⋅ 1 Baths ⋅ 7158174 MLS

Welcome home to this inviting 3-bedroom, 1-bath home featuring convenient one-level living with all three bedrooms and a full bathroom on the main floor. Enjoy the fresh look and feel of new flooring, comfortable living spaces, and the added convenience of a double garage with plenty of room for vehicles and storage. Tucked away on a quiet dead-end street, this home offers added privacy with less through traffic. Whether you're a first-time buyer, downsizing, or looking for your next place to call home, this property is move-in ready and waiting for you!

113 S 7th Avenue, Albert Lea

Listing courtesy of Coldwell Banker River Valley, REALTORS.

808 Lake Chapeau Drive Unit 201, Albert Lea

$232,500

2 Beds ⋅ 2 Baths ⋅ 7156458 MLS

Stunning lake views await in this exceptional 2-bedroom, 2-bathroom condo. End unit with split floorplan, kitchen window and a huge balcony overlooking serene water views. Both bedrooms have lake views and both have access to the balcony. One garage stall with interior access. This condo is completely move in ready. Call today for your private showing!

808 Lake Chapeau Drive Unit 201, Albert Lea

Listing courtesy of Leland Realty.

$204,900

2 Beds ⋅ 1 Baths ⋅ 7156874 MLS

Schedule appointment today to tour this two bedroom home that could be easily made a three bedroom home. The basement of this home has been partially remodeled with framing done, egress window installed, insulation, wiring, rough in for waste, drain and vent piping to accommodate a 3/4 bathroom, finished laundry room and storage room. Upgrades on the main level of this home include new laminate flooring throughout, new kitchen cabinetry, quartz countertops in the kitchen and bathroom, new furnace, AC, water heater, interior repainted throughout, ceiling can lighting and new concrete patio in front of the home. This property is located near Fountain Lake, the public boat access, municipal pedestrian trail that extends around most of the lake and a public golf course. This home is very clean and close to being a turn key home.

1113 Shore Acres Drive, Albert Lea

Listing courtesy of Century 21 Atwood.

$57,000

2 Beds ⋅ 2 Baths ⋅ 7156557 MLS

Looking for your next investment property, rental, or fixer-upper to make your own? Here it is! Priced to sell! This two-bedroom, 1½-bath home offers newer windows and siding, along with plenty of potential. The main level features a bedroom, living room, eat-in kitchen, and a bonus room that would make a great home office or flex space. Upstairs, you’ll find another bedroom and a full bathroom. Step out back onto the deck overlooking a small pond area — a great spot to relax and enjoy the outdoors. Whether you’re looking to add another rental to your portfolio, find an affordable investment property, or purchase a home with potential to make it your own, this one is worth a look! Don’t wait — it won’t last long at this price. Get this one before it’s gone! Conveniently located within one block of beautiful downtown Albert Lea and just blocks from Albert Lea Lake and the Blazing Star Trail. Enjoy easy access to shopping, dining, parks, recreation, and all that downtown has to offer, with convenient interstate access just minutes away.

918 S Newton Avenue, Albert Lea

Listing courtesy of Unique Realty.

$169,900

2 Beds ⋅ 2 Baths ⋅ 7155997 MLS

This home offers a unique opportunity on a spacious 1/2 acre of lakeshore property overlooking the scenic Bancroft Bay on Fountain Lake. The living room features east-facing views of the bay, providing a tranquil backdrop for relaxation. With two bedrooms and two bathrooms, the layout accommodates comfortable living while presenting options for customization. Lower-level recreational area is spacious and has a walkout door to a spacious patio overlooking the large backyard and lake view. The property is situated in a great location, with nearby parks and walking trails, enhancing the outdoor experience and community engagement.

1918 Wilby Road, Albert Lea

Listing courtesy of Leland Realty.

$160,000

4 Beds ⋅ 1 Baths ⋅ 7155777 MLS

Welcome to this spacious three-bedroom, two-bath home in Albert Lea, within walking distance of the lake and also offering generously sized rooms and plenty of space to spread out. The exterior has been freshly painted and is ready to take on the seasons, while the large two-car detached garage provides excellent room for vehicles, storage, hobbies, or whatever life throws your way. With its comfortable layout, oversized living spaces, and a price that makes sense in today’s market, this is a home worth putting on your list!

320 Vine Avenue, Albert Lea

Listing courtesy of Re/Max Advantage Plus.

$115,000

3 Beds ⋅ 2 Baths ⋅ 7155870 MLS

Unique 3-bedroom, 2 bath with a 2 stall detached garage and main floor laundry. Bring your tools and vision to this fixer upper packed with character. Original woodwork and floors can be beautiful again with a little bit of work. This property can be easily converted back to a duplex as a separate entrance is already in place. Schedule a showing today and see what some sweat equity can bring to this home. Property is being sold strictly AS-IS and is ready for your updates and personal touch. Cash or conventional financing only. Please note: This sale is subject to final probate court review and approval.

815 Frank Avenue, Albert Lea

Listing courtesy of Leland Realty.

$89,900

4 Beds ⋅ 1 Baths ⋅ 7155173 MLS

Affordable living in the heart of Albert Lea! This well-maintained four-bedroom home offers a warm, welcoming atmosphere with a simple, functional layout that makes everyday living easy. Enjoy the comfort of a home that has been thoughtfully cared for, along with added peace of mind of a new roof and gutter system installed in 2026. Whether you're looking for room to grow, a place to put down roots, or an affordable opportunity to become a homeowner, this property is worth a look. The seller is relocating, creating a great opportunity for the next owner to make this home their own. Don't miss your chance to enjoy comfortable, affordable living in a convenient Albert Lea location!

825 W Clark Street, Albert Lea

Listing courtesy of Re/Max Advantage Plus.

$63,000

2 Beds ⋅ 1 Baths ⋅ 7155319 MLS

Investment opportunity knocks! Bring your tools and vision to transform this 2-bedroom home packed with potential. Step inside from the inviting front porch into the living room. The functional main floor layout features a main-floor bedroom alongside a kitchen equipped with main-floor laundry, conveniently situated next to a 3/4 bath. Upstairs, you’ll find a versatile den area with a closet—perfect for a home office, sitting room, or flex space—leading directly into the second bedroom. Outside offers convenient alley access to a single-stall detached garage. Due to condition, property is sold as-is; cash or conventional financing only. Don’t miss your chance to build sweat equity!

112 N 2nd Avenue, Albert Lea

Listing courtesy of Realty ONE Group Black Diamond.

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