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Rental Market Trends in Rice Lake, WI

Updated September 2026

The average rent in Rice Lake, WI is $931/month.

Rent in Rice Lake is 44% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$931/month

Average Rent

649 Sq Ft

Average Size

+0.1%

Change / Year

7

Available Apartments

Rice Lake rent varies by unit size and layout:

  • Studio apartments in Rice Lake average per month.
  • One-bedroom apartments in Rice Lake average $931 per month.
  • Two-bedroom apartments in Rice Lake average $1,364 per month.
  • Three-bedroom apartments in Rice Lake average $1,627 or more per month.

Average Rent by Home Type

Bedrooms
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
View Rice Lake Apartments

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

In the past year, rent has increased by 0.1%, which averages out to $2 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Rice Lake, WI

September 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

7 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.

View the Rice Lake Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Cumberland

    Cumberland

    Avg Rent: $1,156/month

Apartment Communities in Rice Lake We Think You'll Love

Woodland Village

Woodland Village

1300 N Wisconsin Ave,
Rice Lake, WI 54868

1-2 Beds | $600 - $975

503 W Marshall St

503 W Marshall St

503 W Marshall St,
Rice Lake, WI 54868

3 Beds | $1,300

214 W Humbird St

214 W Humbird St

214 W Humbird St,
Rice Lake, WI 54868

1 Bed | $895

618 W Messenger St

618 W Messenger St

618 W Messenger St,
Rice Lake, WI 54868

2 Beds | $750

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Frequently Asked Questions

What is the average rent in Rice Lake?

The average rent in Rice Lake is $931 per month, which is 44.1% lower than the national average of $1,665.

Are rents going up or down in Rice Lake?

Rents in Rice Lake, WI are increasing, with prices up 0.1% year-over-year and $2 more per month.

What rent range is most common in Rice Lake?

In Rice Lake, WI, 33% of apartments fall below $700/month, though prices may vary depending on location and other factors.

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 September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity