Why Live in Rice Creek Terrace West
Rice Creek Terrace West in Fridley, Minnesota, is a neighborhood characterized by 1950s and 1960s ramblers and split-level homes, many on spacious lots up to a third of an acre. The neighborhood is known for its affordability compared to nearby areas like Coon Rapids and Columbia Heights. However, homes near Rice Creek in the northwest part of the neighborhood are in a moderate to major flood zone. Fridley, with a population of about 30,000, boasts around 40 parks and nearly 700 acres of green space. Terrace Park, located within the neighborhood, spans three-and-a-half acres and features a baseball diamond, ADA-compliant playground, security lighting, and a tennis court. Nearby Locke County Park offers a large picnic pavilion, access to the Rice Creek West Regional Trail, an enclosed dog play area, and a playground. Year-round activities in city parks include ice fishing and winter driving on frozen lakes. Dining options include Two Stooges Bar & Grill, known for its 43 pool tables and weekend tournaments, and Shortstop Fridley. Local shopping includes Bob’s Produce Ranch and Mike’s Fridley Discount Foods, with larger stores like Walmart Supercenter and Sam’s Club further north. The Fridley commuter rail station, a few miles west, connects to downtown Minneapolis, while Metro Transit buses run on University and Central Avenues. Schools in the area offer International Baccalaureate programs, with Hayes Elementary, Fridley Middle School, and Fridley High School providing a range of educational opportunities.
Frequently Asked Questions
Is Rice Creek Terrace West a good place to live?
Rice Creek Terrace West is a good place to live. Rice Creek Terrace West is considered car-dependent and bikeable with some transit options. Rice Creek Terrace West has 3 parks for recreational activities. It has a median age of 40. The average household income is $78,087 which is below the national average. College graduates make up 38.5% of residents. A majority of residents in Rice Creek Terrace West are home owners, with 6% of residents renting and 94% of residents owning their home. A
local real estate agent serving Rice Creek Terrace West can help you decide if this neighborhood is the right one for you. Learn more on our
Rice Creek Terrace West neighborhood guide.
How much do you need to make to afford a house in Rice Creek Terrace West?
The median home price in Rice Creek Terrace West is $355,000. If you put a 20% down payment of $71,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $1,800 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $77K a year to afford the median home price in Rice Creek Terrace West. The average household income in Rice Creek Terrace West is $78K.
What are the best public schools in Rice Creek Terrace West?
The best public schools that serve Rice Creek Terrace West are:
What are the best private schools in Rice Creek Terrace West?
The best private schools that serve Rice Creek Terrace West are:
What are the most popular zip codes in Rice Creek Terrace West, Fridley, MN?
What are the most popular neighborhoods near Rice Creek Terrace West, Fridley, MN?
Home Trends in Rice Creek Terrace West, MN
On average, homes in Rice Creek Terrace West, Fridley sell after 28 days on the market compared to the national average of 52 days. The median sale price for homes in Rice Creek Terrace West, Fridley over the last 12 months is $352,500, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$352,500
Median Single Family Sale Price
$355,000
Average Price Per Sq Ft
$200
Number of Homes for Sale
1
Last 12 months Home Sales
14
Median List Price
$355,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%