Rice County Homes under $350,000

Welcome to Rice County, Minnesota—a hidden gem nestled in the heart of the North Star State. Known for its stunning landscapes, charming small towns, and a strong sense of community, Rice County offers a delightful blend of rural tranquility and vibrant living. With easy access to the Twin Cities and the beautiful countryside surrounding it, Rice County is an ideal location for families, retirees, and anyone looking to enjoy a more peaceful lifestyle.

For homebuyers on a budget, Rice County is a treasure trove of opportunities, with a variety of homes available for under $350,000. Whether you’re searching for a cozy cottage, a spacious family home, or a modern townhouse, you’ll find a diverse selection of properties that cater to various tastes and lifestyles. Many of these homes boast charming architectural details, large yards, and proximity to parks and recreational areas, making them perfect for outdoor enthusiasts and families alike.

Living in Rice County means you can enjoy the best of both worlds: the serenity of rural living and the convenience of nearby urban amenities. Explore local shops, dine at delightful eateries, and immerse yourself in community events that bring neighbors together. With excellent schools, a rich cultural scene, and numerous outdoor activities—from hiking and biking trails to fishing and boating on beautiful lakes—Rice County is a place where you can truly thrive.

Discover the charm and affordability of Rice County today, and find your dream home in a community that feels like family!

Newest Rice County Homes under $350,000

$199,900

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7153935 MLS ⋅ 1,440 SqFt.

Welcome home to this well-cared-for 2-bedroom, 2-bath townhome offering comfortable living and a convenient floor plan! The main level welcomes you with a spacious entryway and features a half bath, kitchen, dining area, and inviting living room with a patio door leading to a backyard patio—perfect for relaxing, grilling, or enjoying the outdoors. Upstairs, you’ll find two comfortable bedrooms, a full bath, and a convenient laundry/utility room, keeping everything right where you need it. A single-car garage completes this charming, easy-living townhome. Move right in and make it your own!

318 Archibald Lane, Dundas

Listing courtesy of Cannon Realty.

$324,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7144771 MLS ⋅ 1,904 SqFt.

Well-maintained and lovingly cared for over the past 39 years, this spacious two-story home offers comfort, functionality, and plenty of room to grow. Featuring 4 spacious bedrooms, 2 bathrooms, and a 2-car garage, this home provides ample space for family and guests. The inviting backyard is a wonderful place to relax, entertain, and enjoy time outdoors. Inside, you’ll find generous storage space throughout, making it easy to keep everything organized. The home features a new roof in May, 2026. With its spacious layout, great outdoor space, and decades of prideful ownership, this home is ready for its next chapter!

1100 Mitchell Drive, Faribault

Listing courtesy of Edina Realty, Inc..

$275,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7148050 MLS ⋅ 2,688 SqFt.

Opportunity is knocking at 849 8th Avenue SW! This spacious Faribault rambler offers 4 bedrooms on one level, over 2,200 square feet on the main floor, an attached 2-car garage, and a large corner lot; all ready for its next owner to bring their vision and give it the glow-up it deserves! Inside, you’ll find an incredibly spacious and versatile floor plan with hardwood floors throughout much of the main level, including hardwood hidden beneath the living room carpet. The massive primary bedroom and three additional bedrooms are all conveniently located on one level. Multiple living spaces provide plenty of room to spread out, including a large main-level family room with vaulted ceilings and one of the home’s two fireplaces. Built-in cabinetry and hutches add character and valuable storage throughout. Main level and lower level family rooms, two fireplaces, generous room sizes, abundant storage, and an amazing primary bedroom are but a few reasons making this home an incredible foundation for updating, remodeling, and creating something truly special! Outside, enjoy the large corner lot, patio, garden space, alley access, and attached 2-car garage with plenty of room for vehicles and storage. Conveniently located near Faribault Senior High School, Jefferson Elementary, Bethlehem Academy, parks, shopping, restaurants, and everyday amenities, this property combines space, location, character, and tremendous potential. If you’ve been searching for a spacious Faribault rambler with 4 bedrooms on one level and the opportunity to build equity through updates, this is one you won’t want to miss!

849 8th Avenue SW, Faribault

Listing courtesy of RE/MAX Advantage Plus.

$299,900

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7152579 MLS ⋅ 1,586 SqFt.

This charming 3-bedroom, 1-bath home is located in Northfield’s premier location not far Carleton College and down town. Inside, a spacious living room and open kitchen provide comfortable space for daily living and entertaining. Enjoy relaxing evenings in your private back yard with room for flowers and vegetable garden areas. Home has new flooring, stainless steel appliances, fresh paint, granite countertops and so much more.

700 Nevada Street, Northfield

Listing courtesy of Real Broker, LLC.

$279,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7151971 MLS ⋅ 2,074 SqFt.

Welcome to this beautifully updated 4-bedroom, 2-bathroom home offering a perfect blend of classic charm and modern convenience. The main level features refinished hardwood floors that flow seamlessly throughout the space, creating a warm and inviting atmosphere. Here, you will find three spacious bedrooms on one level alongside a bright kitchen fully equipped with stainless steel appliances. The finished lower level significantly expands your living space, boasting a walkout basement that opens directly to the backyard. This level also includes a fourth bedroom, a convenient 3/4 bathroom, and ample storage space to keep everything organized. Rest easy knowing major mechanicals and structural components have been recently updated, including a brand-new roof (2026) and central air conditioning (2024) for year-round comfort. Situated in a highly desirable neighborhood, this home offers fantastic outdoor access with its close proximity to the Riverbend Nature Center. Do not miss the opportunity to make this turn-key property your own.

120 Brand Avenue, Faribault

Listing courtesy of Weichert, REALTORS- Heartland.

$349,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7150893 MLS ⋅ 1,894 SqFt.

Set along a quiet, tree-lined street with a neighborhood park as its backyard, this spacious split-level offers you all the best in location and lifestyle. Key attributes of this open floorplan include an upper-level with large living room and separate dining room; sunny kitchen with center island and breakfast bar; three-season porch with adjoining maintenance-free deck; two large bedrooms with premium window treatments and a nicely appointed full bath. The finished, walkout lower level features a huge amusement room with separate barroom and gas-burning fireplace; oversized third bedroom with windows on three sides; three-quarter bath with dual points of access ... plus newer utilities including an EnergyStar tankless water heater. All just minutes away from outstanding schools, shopping, recreation, entertainment and popular commuting routes. Schedule your showing today!

1109 Elm Street, Northfield

Listing courtesy of RE/MAX Results.

$310,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7148232 MLS ⋅ 1,757 SqFt.

Rare in-town acreage with room to roam! Set on 1.7 acres, this inviting property pairs the convenience of town with a peaceful, natural setting featuring mature trees, a creek, and abundant wildlife. Inside, hardwood floors and a spacious living room create a warm welcome. The home offers three bedrooms, including one on the main level, two bathrooms, an updated kitchen, office space, and a large basement family room—plus abundant storage throughout. Enjoy your morning coffee on the front porch or make the most of the generous outdoor space. A newer garage, roundabout driveway, and ample room for trailers and toys add everyday convenience. Schools, amenities, major highways, walking trails, and the Faribault Nature Center are all nearby. Come discover the space, setting, and possibilities this unique property has to offer!

1030 Willow Street, Faribault

Listing courtesy of Weichert, REALTORS- Heartland.

$110,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7152382 MLS ⋅ 486 SqFt.

Seasonal lakefront cabin located on Lake Mazaska in Faribault. The property includes 2 bedrooms, 1 3/4 bathroom, an eat-in kitchen, living room, and a private dock with direct lake access. Additional features include a deck, patio, porch, propane heater, shared water system, and compliant septic system. The cabin is situated on leased land with access by private, unpaved roads. Longstanding, small seasonal lake community with remarkably inexpensive annual land rent. No garage or designated parking. An affordable opportunity for seasonal lake use, boating, fishing, and waterfront recreation.

6000 Fairbanks Path Unit 15, Faribault

Listing courtesy of Keller Williams Preferred Rlty.

$329,900

COMING SOON Status ⋅ 4 Beds ⋅ 3 Baths ⋅ 7146091 MLS ⋅ 2,444 SqFt.

A great opportunity in Northfield! 2305 Pepper Ridge Lane offers 4 bedrooms, 3 bathrooms, a spacious lot, and plenty of room to create the home you’ve been looking for. This is the kind of property that gives buyers options. Enjoy the existing space and layout while adding your own style and making improvements that fit your vision. With the right updates, there is an opportunity to build equity and create even more value over time. The generous lot gives you room to enjoy the outdoors, entertain, garden, or simply have space to spread out. Inside, four bedrooms and three bathrooms provide the flexibility needed for today’s lifestyle, whether you need space for family, guests, a home office, or hobbies. If you’ve been waiting for an opportunity to get into the Northfield market and put your own stamp on a home, this could be the one. Bring your ideas, imagine the possibilities, and see what you can create at 2305 Pepper Ridge Lane!

2305 Pepper Ridge Lane, Northfield

Listing courtesy of Dwell Realty Group LLC.

$260,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7113634 MLS ⋅ 1,508 SqFt.

Welcome home to this inviting 4-bedroom, 2-bath rambler in a desirable Faribault neighborhood! Offering over 1,500 finished square feet of living space, this home is currently vacant and ready for its next owners. The functional layout provides plenty of room for everyday living, while the spacious kitchen features updated flooring installed in 2024. The entire home has been freshly painted and recently deep cleaned, giving the space a clean, fresh feel from the moment you walk in. Step outside to enjoy the fully fenced backyard and spacious deck—perfect for grilling, entertaining, or relaxing. The deck has just been refinished and stained, creating a beautiful outdoor space that's ready to enjoy. Recent updates include a new roof in 2022, new gutters and gutter guards installed in 2017, and a new basement bathroom shower in 2025. An attached 2-stall garage offers convenient parking and additional storage. With fresh updates, a fully fenced backyard, and a move-in-ready interior, this Faribault home is ready for its next chapter. Don't miss your opportunity to make it yours—schedule your showing today!

1401 Summer Lane, Faribault

Listing courtesy of Edina Realty, Inc..

$245,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7151436 MLS ⋅ 1,603 SqFt.

Discover the potential in this split-level home tucked away on a quiet cul-de-sac. With a great location close to schools and a spacious backyard, this property offers plenty of opportunity to make it your own. Bring your vision and personal touches to update and refresh the home to fit your style. A great option for buyers looking for a home with room to grow and create something special.

8 Aspen Court, Faribault

Listing courtesy of eXp Realty.

$289,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7150312 MLS ⋅ 1,428 SqFt.

Welcome to a home where nearly every surface has been thoughtfully refreshed, creating a truly move-in-ready space that feels fresh, clean, and updated from the moment you walk through the door. With extensive improvements completed inside and out, the next owner can simply unpack, settle in, and enjoy. Step inside to fresh paint and new flooring throughout, complemented by new lighting fixtures that give the home a bright, cohesive feel. The kitchen has been completely transformed with beautiful new custom cabinetry and brand-new appliances, creating a functional and inviting space ready for everything from busy mornings to entertaining family and friends. The bathrooms have also been updated, carrying the fresh, finished feel throughout the home. The improvements go well beyond cosmetics. New windows, roof and gutters provide added efficiency and peace of mind, while durable steel siding offers a low-maintenance exterior. A new garage door adds another finishing touch, and fresh landscaping gives the home welcoming curb appeal from the moment you arrive. Step outside to the new maintenance-free deck—the perfect spot for grilling, entertaining, relaxing, or simply enjoying the outdoors without the upkeep of traditional decking. Even the behind-the-scenes details have received attention. The ductwork has been professionally cleaned, and both the furnace and central air conditioning have been serviced. From the major improvements to the finishing touches, this home has been carefully prepared for its next chapter. Fresh, updated, low-maintenance, and ready to enjoy—the projects have already been completed so the next owner can simply move in and make it home.

600 Ladonna Lane, Faribault

Listing courtesy of Weichert, REALTORS- Heartland.

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