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These days, finding an affordable place to live in the Riceford area can be challenging. Home prices in Riceford are now at a median cost of $215,596, lower than the Minnesota average of $345,793.
The average cost of rent is $673/mo in Riceford, primarily driven by the current value of real estate in the Riceford area. In Riceford, 16.39% of households rent, and 50.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Riceford is $5,818 per month. Households that rent pay about 11.57% of their income on rent here. Riceford’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Spring Grove, MN: equally priced homes
- Tawney, MN: equally priced homes
- Mabel, MN: less expensive homes
- Newhouse, MN: less expensive homes
- Newburg, MN: equally priced homes
- Hesper, IA: higher priced homes
- Prosper, MN: less expensive homes
- Highlandville, IA: higher priced homes
- Burr Oak, IA: higher priced homes
- Lenora, MN: less expensive homes
Cities with Similar Populations
- Oakthorpe, OH: higher priced homes
- Osage, WV: equally priced homes
- Oreton, VA: less expensive homes
- Orangeport, NY: less expensive homes
- Oilmont, MT: less expensive homes
- Ogreeta, NC: higher priced homes
- Odra, LA: less expensive homes
- Octa, OH: less expensive homes
- Oakville, LA: higher priced homes
- Osceola, MI: less expensive homes
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