Rice Lake, MN Housing

Rice Lake, MN is an excellent place to purchase a home. The housing median value in Rice Lake is $260,700, which is considerably lower than the US House Median Value of $338,100. Despite this cost savings, the one-year house appreciation rate in Rice Lake is 14.7%, which is significantly higher than the US 1 year appreciation rate of 8.27%. This impressive growth makes Rice Lake a great place to invest in real estate and take advantage of potential future profits.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Rice Lake, Minnesota	United States
	1,795.0	139,647,020.0
	49	42
	$260,700	$338,100
	14.7%	16.6%
	47.2%	57.0%
	75.8%	101.1%
	$10.73	$10.98
	$2,570	$2,690
	84.9%	57.4%
	3.4%	11.2%
	11.7%	31.4%
Vacant Housing
	0.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.4%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	2.2%	2.4%
	1.2%	2.8%
	2.4%	3.9%
	9.6%	4.5%
	10.2%	11.3%
	9.7%	13.0%
	35.7%	20.1%
	17.6%	13.6%
	6.9%	8.3%
	2.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.5%	13.6%
	9.5%	13.6%
	11.5%	13.6%
	10.9%	13.2%
	15.7%	14.8%
	11.5%	13.6%
	13.0%	10.0%
	3.7%	4.7%
	18.7%	12.2%