Rice, MN Real Estate

According to census data in the year 2000 there were 244 housing units in Rice. This represents a 16.7% growth from 209 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 244 were located in what is classified as a rural area.

Homeownership rate in Rice is about 85.4%. Rice's vacancy rate, including seasonal lodging, is about 1.6%. Average household size is 2.85 people.

The majority of houses, apartments or condos in Rice were built after 1978.


Housing Size

Housing Units by Size
Studio Type2%
One Bedroom13.50%
Two Bedrooms18.40%
Three Bedrooms37.30%
Four Bedrooms27%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.09
Median year structure was built1978
Median Value of occupied units$91,500
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size1.43
Median year structure was built1977

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage21.10%
Home Equity Loan15.40%
Simple Mortgage49.10%
Debt Free14.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.9%