Real Estate Investing in Rice, Minnesota

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1 ZIP codes • Population: 7,226 • Benton County

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Should you buy in Rice, MN? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (67/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Rice, MN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.9% 5yr CAGR

3.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $353,738
Avg Monthly Rent $1,134
ZIP Codes 1

Investing in Rice Real Estate

Rice, MN covers 1 ZIP codes and a population but the investment metrics here are sluggish — this is not a market to enter casually.

Investors considering Rice, MN should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Rents in Rice at $1,134/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Demographics in Rice show real pressure — median income of $N/AK is tepid relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in St. Cloud, MN

Rice is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$353,738
Avg Monthly Rent
$1,134
1% Rule
✗ Below
Landlord Friendly (MN)

📉 Market Crash Risk Index

Based on St. Cloud, MN metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
42%
Days Pending
1/2
46 days

View all metro crash risk rankings →

❄️ Cool Market — St. Cloud, MN metro
46
Days to pending
10.8%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Rice, MN

Screen every ZIP in Rice

Filter Rice’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Rice, MN

What price range are homes in Rice, MN?

Median home price in Rice, MN is near $354K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.

Is Rice, MN a friendly market for rental owners?

Rice, MN falls under MN landlord-tenant law, which is balanced. That backdrop makes day-to-day property management reasonable.

How strong is tenant demand in Rice, MN?

Rice, MN draws a reliable base of working renters. Demand at the $1,134/mo rent level is reasonable for standard single-family and small multi rentals.

Can I house hack in Rice, MN?

Rice, MN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,134/mo rent level.

What monthly rent should investors expect in Rice, MN?

Average rent in Rice, MN is approximately $1,134/mo per month. Against $354K home values that yields a reasonable rent-to-price ratio.

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