Commercial Real Estate Market in Alden, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Alden, MN spans 96.7 square miles in Freeborn County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Alden, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Alden, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Alden, MN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Alden, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 71.3%
- Commercial 9.6%
- Industrial 9.3%
- Civic 4.7%
Largest Zones share of zoned land by district
Rural Residential And Agriculture District
Single Family Residential District
Industrial
Central Business District
Public Area
Alden, MN zones 654 acres across 8 districts. Commercial zoning covers 9.6% of zoned land, residential 71.3% and industrial 9.3%. The largest single district is Rural Residential And Agriculture District at 48.1%. For commercial buyers the practical constraint is that only 18.9% of land carries a commercial or industrial designation.
Rural Residential And Agriculture District (RR/A)
The purpose of the Rural Residential and Agriculture District is to allow suitable areas of the city to be retained and utilized in open space and agricultural uses
Market overview
Demographics & Economy
Alden, MN has 1,514 residents in 687 households. Density runs 16 people per square mile. Median household income here is $82,632 and median gross rent $950 a month.
1,514
Population
687
Households
2.2
Avg Household Size
46
Median Age
18%
College-Educated
96%
High-School Grad
96.7 sq mi
ZIP Area
16
Density / Sq Mi
$82,632
Median Household Income
$42,895
Median Earnings
$950
Median Rent
$187,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Conger | — | — |
| Freeborn | — | — |
| Walters | — | — |
| Manchester | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Alden?
Alden, MN zones 654 acres across 8 districts, of which 9.6% is commercial and 9.3% industrial. The largest single district is Rural Residential And Agriculture District at 48.1% of zoned land. The purpose of the Rural Residential and Agriculture District is to allow suitable areas of the city to be retained and utilized in open space and agricultural uses Residential zoning covers 71.3% and open space 0%.
Methodology & data sources
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 654 zoned acres across 8 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
