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Rice Lake, WI Condos for Rent

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  • /10

    $875 Per Month

    • Studio
    • 1 Bath
    • 400 Sq Ft
    • Condo for Rent

    214 W Humbird St Unit 1, Rice Lake, WI 54868

    Lower-level, cat friendly studio apartment with all utilities included. Available to rent now!The kitchen includes a range and refrigerator along with adequate cabinet space. Heat is electric baseboard. For cooling, a window unit would be required and supplied by the tenant.Rent is $875 per month with a minimum security deposit of $875. The landlord pays electric, gas, water, sewer,

    214 W Humbird St Unit 1, Rice Lake, WI 54868
  • /12

    $895 Per Month

    • 1 Bed
    • 1 Bath
    • 550 Sq Ft
    • Condo for Rent

    214 W Humbird St Unit 4, Rice Lake, WI 54868

    1 bedroom, 1 bathroom cat-friendly, upper-level apartment in Rice Lake, WI.Coming available soon.Rent includes ALL utilities (water/sewer, trash, heat and electric). There are stairs leading up to a small deck area outside the front door of the apartment. The kitchen includes a stove/oven and refrigerator along with adequate cabinet space. Heat is electric baseboard. For

    214 W Humbird St Unit 4, Rice Lake, WI 54868

Frequently Asked Questions

How much does it cost to rent a condo in Rice Lake, WI?
The median rent for a condo in Rice Lake, WI is $885 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Rice Lake, WI?
To comfortably afford the median rent in Rice Lake, WI, a household needs to earn roughly $35,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $885 per month in Rice Lake, WI, renters typically need to show $2,655 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Rice Lake, WI?
In Rice Lake, WI, the price-to-rent ratio is 24.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Rice Lake, WI

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$885
Median 1 Bedroom Condo Rent
$895
How to Rent a Home