
Expensive
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These days, finding an affordable place to live in the Rice County area can be challenging. Home prices in Rice County are now at a median cost of $323,033, lower than the Minnesota average of $345,793.
The average cost of rent is $1,181/mo in Rice County, primarily driven by the current value of real estate in the Rice County area. In Rice County, 23.73% of households rent, and 38.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rice County is $7,470 per month. Households that rent pay about 15.81% of their income on rent here. Rice County’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Le Sueur County, MN: equally priced homes
- Goodhue County, MN: equally priced homes
- Nicollet County, MN: less expensive homes
- Wabasha County, MN: less expensive homes
- Brown County, MN: less expensive homes
- Buffalo County, WI: less expensive homes
- Trempealeau County, WI: less expensive homes
- Redwood County, MN: less expensive homes
- Jackson County, WI: less expensive homes
- Lyon County, MN: less expensive homes
Counties with Similar Populations
- Walton County, FL: higher priced homes
- Chippewa County, WI: less expensive homes
- Christian County, KY: less expensive homes
- Clay County, MN: less expensive homes
- Coffee County, TN: less expensive homes
- Colbert County, AL: less expensive homes
- Columbia County, FL: less expensive homes
- Columbia County, NY: equally priced homes
- Columbia County, PA: less expensive homes
- Coos County, OR: equally priced homes
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