Home values, rents and more in Freeborn, MN
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Freeborn in ProMap- Under $170k
- $170k–$200k
- $200k–$230k
- $230k–$240k
- $240k+
- No data
How Freeborn compares
The typical home in Freeborn, MN is worth about $140,000, according to the Zillow Home Value Index for September 2026. Home values in Freeborn are 29% below the typical value in the Albert Lea metro area ($197,000) and 62% below the U.S. typical value ($366,000).
Over the past year, home values in Freeborn rose 4.4%, compared with +5.5% in the Albert Lea metro area and +1.2% nationally.
The median household income is $50,000, against $71,023 in the Albert Lea metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 348 people live in Freeborn (American Community Survey 2020–24).
Freeborn has the lowest typical home value of the 10 cities in the Albert Lea metro area and the 24th-lowest of 675 in Minnesota with Zillow figures.
Part of: Freeborn County, MN · Albert Lea metro area · Minnesota
More for Freeborn in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Freeborn, MN
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.