housing costs · Minnesota
Housing costs in Rice County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,083 | ± $65 | evidence → |
| 2019–2023 | $1,046 | ± $37 | evidence → |
| 2018–2022 | $1,021 | ± $51 | evidence → |
| 2017–2021 | $951 | ± $31 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $320,200 | ± $9,461 | evidence → |
| 2019–2023 | $298,500 | ± $8,740 | evidence → |
| 2018–2022 | $279,700 | ± $5,783 | evidence → |
| 2017–2021 | $240,400 | ± $6,491 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 28.3 % | ± 1.6 % | evidence → |
| 2019–2023 | 28.9 % | ± 1.5 % | evidence → |
| 2018–2022 | 28.8 % | ± 1.3 % | evidence → |
| 2017–2021 | 28.5 % | ± 1.6 % | evidence → |
In context
Median rent in Rice County is $1,083, above the Minnesota median of $896 across 87 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.