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Rental Market Trends in Rice Lake, WI

What is the average rent in Rice Lake, WI?

$931/month

Average Rent

649 Sq Ft

Average Apartment Size

+0.1%

Increase in the Last Year

As of January 2026, the average rent in Rice Lake, WI is $931 per month. This is 43% lower than the national average rent of $1,624/month, making renting in Rice Lake more affordable than most cities in the US. When you rent an apartment in Rice Lake, you can expect to pay about per month for a studio, $931 for a one-bedroom apartment, and around $1,364 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,627 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$931/month
649 Sq Ft
Two Bedroom
$1,364/month
1,216 Sq Ft
Three Bedroom
$1,627/month
1,301 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Rice Lake, WI?

In the past year, rent has increased by 0.1%, which averages out to $1 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Rice Lake, WI
Last Updated January 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Rice Lake, WI
Percentage*
Rent Range
33% Below $700/month
33% $700 - $1,000/month
33% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Rice Lake, WI?

Because the average rent in Rice Lake is $931, you’ll want to make about $3,103 per month or $37,236 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Rice Lake, WI

8 Available Apartments for Rent

Search for Nearby Apartments

How does Rice Lake, WI compare to other nearby cities and neighborhoods?

Use the tool below to compare Rice Lake, WI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Rice Lake, WI

Apartment Averages

Apartment communities in Rice Lake we think you'll love

Camelot Village

Camelot Village

3000 Galahad Ln,
Rice Lake, WI 54915

Call for Rent

2 Beds

836 N Wisconsin Ave

836 N Wisconsin Ave

836 N Wisconsin Ave,
Rice Lake, WI 54868

$1,100

2 Beds

100 Monroe Ave

100 Monroe Ave

100 Monroe Ave,
Rice Lake, WI 54868

$2,200

2 Beds

36 W Eau Claire St

36 W Eau Claire St

36 W Eau Claire St,
Rice Lake, WI 54868

$1,000

2 Beds

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United States Wisconsin Rice Lake Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity