Housing & Real Estate — Rice Lake, Minnesota

Overview

Total Housing Units1,825
Occupied1,721
Vacant104
Owner-Occupied1,557
Renter-Occupied164
Median Home Value (Census)$309,600
Estimated 2026~$379,000
Median Rent$1,328/mo
Median Property Tax$3,216/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income17.8%
Severely Rent-Burdened20.0%

Housing Age

Built 2010 or later107
Built 2000-2009227
Built 1990-1999159
Built before 1960673
Median Year Built1973
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.