Rice County Homes under $350,000

Welcome to Rice County, Minnesota – a hidden gem that perfectly blends small-town charm with modern conveniences. Nestled in the heart of southern Minnesota, Rice County is known for its picturesque landscapes, friendly communities, and rich history. With vibrant towns like Northfield and Faribault, residents enjoy a welcoming atmosphere that fosters a sense of belonging. Whether you're an outdoor enthusiast, a history buff, or someone who appreciates local arts and culture, Rice County has something for everyone.

One of the most attractive features of this county is the affordable housing market. For those seeking a home under $350,000, Rice County offers an array of options that cater to various lifestyles and preferences. From cozy single-family homes to charming townhouses, you can find properties that boast modern amenities, spacious yards, and easy access to local parks and schools.

Imagine sipping your morning coffee on a sunlit porch or hosting family gatherings in a well-appointed kitchen – all within a budget that allows you to live comfortably. The real estate market here is not only affordable but also ripe with opportunities for first-time buyers, families, and retirees alike.

With a strong sense of community, excellent schools, and a plethora of recreational activities, Rice County is a place where you can truly feel at home. Explore the vibrant neighborhoods and discover your dream home today – your perfect slice of Minnesota awaits!

Newest Rice County Homes under $350,000

$265,000

3 Beds ⋅ 2 Baths ⋅ 7155619 MLS

Professional photos will be uploaded Thursday -- Welcome to a truly special Faribault home that has been lovingly cared for by the same family for 52 years! This 3-bedroom, 2-bath home has been meticulously maintained and thoughtfully cared for over the years. The interior offers a comfortable and functional layout, including a super-functional kitchen with plenty of space to prepare meals and enjoy everyday living. The unfinished basement provides additional square footage and offers excellent potential for future living space, a recreation room, workshop, storage, or whatever best fits your needs. Outside, the property continues to impress with an amazing yard featuring a beautiful water feature and patio area—creating a peaceful space to relax, entertain, and enjoy the outdoors. The oversized 2-car attached garage includes an entire upper level of storage, while the detached 1-car garage with workshop provides even more room for hobbies, projects, storage, or additional vehicles. This is a home that has truly been loved and exceptionally well cared for. After 52 years of ownership and memories, it is ready for its next chapter!

908 8th Avenue SW, Faribault

Listing courtesy of Real Broker, LLC.

$199,900

2 Beds ⋅ 2 Baths ⋅ 7153935 MLS

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

4 Beds ⋅ 2 Baths ⋅ 7144771 MLS

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

4 Beds ⋅ 2 Baths ⋅ 7148050 MLS

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

3 Beds ⋅ 1 Baths ⋅ 7152579 MLS

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

4 Beds ⋅ 2 Baths ⋅ 7151971 MLS

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

3 Beds ⋅ 2 Baths ⋅ 7150893 MLS

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 the 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 access ... plus abundant natural light, newer utilities, oversized garage, exceptional storage space and more. All just minutes from outstanding schools, shopping, recreation, entertainment and charming downtown Northfield. Schedule your showing today!

1109 Elm Street, Northfield

Listing courtesy of RE/MAX Results.

$310,000

3 Beds ⋅ 2 Baths ⋅ 7148232 MLS

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

2 Beds ⋅ 1 Baths ⋅ 7152382 MLS

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

4 Beds ⋅ 3 Baths ⋅ 7146091 MLS

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

4 Beds ⋅ 2 Baths ⋅ 7113634 MLS

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

3 Beds ⋅ 2 Baths ⋅ 7151436 MLS

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.

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