Homes & Apartments for Rent in Rice Lake, WI 54868

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What to Know About

Life in Rice Lake & Beyond

Rice Lake shares many of the great qualities that make Wisconsin a desirable place to live.

Wisconsin, known for its picturesque landscapes, vibrant cities, and fascinating history, is a true gem of the Midwest. Discover Wisconsin's rich heritage by visiting its state-of-the-art museums, such as the Wisconsin Historical Museum in Madison or the Milwaukee Public Museum, or enroll in prestigious universities like the University of Wisconsin-Madison, Marquette University, and the University of Wisconsin-Milwaukee. The industries of manufacturing, agriculture, and tourism have built a robust economy in Wisconsin.

Combined with its diverse geography, it offers endless opportunities for outdoor enthusiasts to explore the state's stunning natural beauty. Enjoy fishing in the Great Lakes, skiing in its scenic mountains, or hiking in the picturesque Kettle Moraine State Forest. Cheer for the Green Bay Packers (NFL) and the Milwaukee Bucks (NBA), or take a scenic drive through the charming towns and countryside. And make sure to take advantage of famous attractions like Lambeau Field, Ice Age National Scientific Reserve, and the Wisconsin Dells.

Experience the best of both worlds with Wisconsin's unique blend of outdoor recreation and thriving economy, making it a great place to live.

Rental Market Trends

Rice Lake, WI

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As of October 2026, Rice Lake's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Rice Lake's average rent is 2.3% ($33) lower than the Wisconsin average of $1,451 and 22.0% ($401) lower than the U.S. average of $1,819.

Average Rent
$1,418
Monthly ChangeMonth Over Month Change
Increased2.2% ($30)
Yearly ChangeYear Over Year Change
Decreased4.1% ($61)
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,250 Decreased1.6% ($20) Increased0.4% ($5)
2 Beds $1,492 Decreased1% ($15) Decreased0.4% ($6)
3 Beds $1,910 Increased0.1% ($2) Increased1% ($19)
Rental market trends are calculated using listing data from RentalSource.
Property Managers

Who Has Rentals in Wisconsin

161 property managers have 2,509 rentals available in Wisconsin right now, including Blue Frog Property Management (130), Smart Asset Management (113) and Patriot Properties (93).

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Frequently Asked Questions
Rice Lake Rental Market FAQs

Explore rental prices, market trends, and availability in Rice Lake, WI.

The average rent in Rice Lake, WI is $1,418 per month.
Homes in Rice Lake typically rent for between $875 and $2,483 per month, with an average of $1,418 per month.
In Rice Lake, the average rent for a 1-bedroom home is $1,250 per month, for a 2-bedroom home, $1,492 per month, and a 3-bedroom home is $1,910 per month.
The average rent in Rice Lake is 22% ($401) lower than the national average of $1,819 per month.
The average rent in Rice Lake has increased by 2.2% ($30) in the last month and decreased by 4.1% ($61) over the past year.
The rental market in Rice Lake, WI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Rice Lake, WI, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 7 rental properties available in Rice Lake, WI.
Based on the current averages, a household would need an annual income of $59,680 to comfortably afford a 2-bedroom home in Rice Lake.
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