Rice Homes under $400,000

Welcome to Rice, Minnesota – a charming small town that perfectly blends the tranquility of rural living with the conveniences of modern life. Nestled in Benton County, Rice is a hidden gem that offers a welcoming community, beautiful landscapes, and a rich history. With its picturesque parks and vibrant local businesses, Rice is an ideal place for families, retirees, and anyone seeking a peaceful lifestyle.

One of the most appealing aspects of Rice is the affordability of its real estate market. For those on the hunt for their dream home, you’ll find an array of charming properties priced under $400,000. Whether you’re looking for a cozy single-family home with a spacious backyard, a modern townhouse, or a quaint cottage, Rice has something to suit every taste and budget. These homes often feature open floor plans, ample natural light, and easy access to the town’s amenities.

Living in Rice means you can enjoy the beauty of Minnesota’s four seasons, with plenty of opportunities for outdoor activities such as hiking, fishing, and snowmobiling. The local community is active and welcoming, hosting events throughout the year that bring neighbors together and foster a sense of belonging.

With its affordable housing options and friendly atmosphere, Rice is not just a place to live; it’s a place to thrive. Discover the joys of small-town living in Rice, MN, and find the perfect home that fits your lifestyle without breaking the bank!

Newest Rice Homes under $400,000

$318,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7152066 MLS ⋅ 1,067 SqFt.

Better than new! Less than 2 years old and loaded with upgrades, this beautifully finished home sits on a large corner lot and features stylish modern finishes throughout. Upgrades include a full sod yard with sprinkler system, insulated garage doors, garage service door, upgraded faucets and fixtures and new paint. Move right in and enjoy the extras without the wait of new construction!

805 2 1/2 Avenue SW, Rice

Listing courtesy of Coldwell Banker Realty.

$200,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7143821 MLS ⋅ 1,166 SqFt.

Conveniently located and full of charm! This 3 bedroom, 2 bathroom home has a modern floorplan and lots of character. The sunlit entry way provides a great landing spot for shoes and coats. A spacious and bright kitchen and dining room is the heart of the home with room for hosting. Main level laundry and ¾ bathroom. 3 upper level bedrooms with a full bath complete the convenience. Yard is spacious, partially fenced and accessed by a quiet alleyway. Everything you need is right here in the heart of Rice.

120 Division Street N, Rice

Listing courtesy of Coldwell Banker Realty.

$299,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7136361 MLS ⋅ 2,048 SqFt.

Move-in condition in the Field of Dreams neighborhood in Rice! This welcoming four-bedroom, two-bath home offers a comfortable layout with great everyday functionality. The main level features a bright living room and a spacious kitchen with abundant cabinetry, generous counter space, and an easy flow into the dining area. From here, step right out onto the deck—perfect for grilling, relaxing, or enjoying small-town evenings. The lower level provides a large family room with plenty of space for movie nights, hobbies, or a play area. All four bedrooms are well-sized, giving everyone room to spread out. The upper level bedrooms both have walk in closets for extra storage. Recent updates include new LVP flooring, carpet, and fresh paint throughout, giving the home a clean, modern feel. A new central air unit installed in 2025 adds peace of mind and efficiency. All appliances—including washer and dryer—are included, making your move simple and stress-free. Located on the edge of Rice, you’ll enjoy the charm of small-town living with a friendly neighborhood feel with city water and sewer. This home is truly ready for its next owner to move right in and enjoy.

605 7th Avenue SW, Rice

Listing courtesy of Coldwell Banker Realty.

$296,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7137036 MLS ⋅ 928 SqFt.

Now is your chance to own a New construction home in a great location in a new development. Check out this home with many features to fit your needs, vaulted ceilings, spacious living room for entertaining. Stainless steel appliances, Large master bedroom with walk in closet and spacious second bedroom. Spacious Kitchen for entertaining with center island. Lower level is unfinished to allow for your future ideas and plans. Many possibilities. Don't miss this NEW Home!! Home has started construction. Photos are of similar home.

829 3rd Ave Court SW, Rice

Listing courtesy of Ashworth Real Estate.

$110,000

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7132799 MLS ⋅ 1,288 SqFt.

Come enjoy this opportunity to own a home on a private cul de sac with a wooded lot close to Rice. 2 bedroom 2 bathroom with large 2 stall detached garage. Home has a lovely layout and nice country feel setting

9857 W Lake Court, Rice

Listing courtesy of Premier Real Estate Services.

$359,898

ACTIVE Status ⋅ 5 Beds ⋅ 3 Baths ⋅ 7114721 MLS ⋅ 2,307 SqFt.

Check out this immaculate and impressive 5 bedroom, 3 bathroom home designed with an inviting open floor plan. The spacious and vaulted living area flows seamlessly into the kitchen and dining areas featuring a center island and stainless appliances, creating an ideal space for everyday living and entertaining. The private primary suite features its own bathroom and walk-in closet, providing a comfortable retreat at the end of the day, while three same-level bedrooms offer convenience for easy living. Step outside onto the deck overlooking the backyard, perfect for relaxing, grilling, or enjoying the outdoors. The heated and insulated three-stall garage provides ample room for vehicles, storage or tinkering year-round. Sprawl out in the massive 25x15 family room area where movie night meets comfortability. Conveniently located with easy access to Highway 10, this exceptional home offers an easy commute while being close to everyday amenities. Move-in ready, this is a home you won't want to miss!

908 5th Street NE, Rice

Listing courtesy of RE/MAX Results.

$295,500

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7111053 MLS ⋅ 928 SqFt.

825 3rd Ave Court SW, Rice

Listing courtesy of Ashworth Real Estate.

$289,900

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7060019 MLS ⋅ 934 SqFt.

Teakwood Model. 2 bed 1 bath 2 car garage. Grey interiors, stainless steel appliance package with a washer and dryer. Great curb appeal. Builder Warranty. Please verify colors and price with agent.

920 2 1/2 Avenue SW, Rice

Listing courtesy of Progressive Builders Real Estate.

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