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Newest Homes for Rent in Rice Lake, WI

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  • /5

    $625 Per Month

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

    1520 S Main St Unit 8, Rice Lake, WI 54868

    Budget-friendly studio apartment with all utilities included for $625 per month in Rice Lake, Wisconsin. This ground-level studio unit in an eight-unit building is approximately 150 square feet and includes one bathroom. The space is compact and ideal for one occupant.The apartment features a 10 cubic foot refrigerator, microwave, and a small kitchenette area with a sink and food prep

    1520 S Main St Unit 8, Rice Lake, WI 54868
  • /11

    $750 - $950

    Total Monthly Price

    • 1 - 2 Beds
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    36 W Eau Claire St, Rice Lake, WI 54868

    Utilities included in rent except electricity which is billed separately for each unit. Internet is tenants responsibility. Looking for a long-term renter to occupy, care for and enjoy the property. Non-smoking unit. No pets.

    36 W Eau Claire St, Rice Lake, WI 54868
  • /11

    $750 - $950

    Total Monthly Price

    • 1 - 2 Beds
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    36 W Eau Claire St, Rice Lake, WI 54868

    Utilities included in rent except electricity which is billed separately for each unit. Internet is tenants responsibility. Looking for a long-term renter to occupy, care for and enjoy the property. Non-smoking unit. No pets.

    36 W Eau Claire St, Rice Lake, WI 54868
  • /28

    $1,500 Per Month

    • 3 Beds
    • 1 Bath
    • 972 Sq Ft
    • House for Rent

    615 W Messenger St, Rice Lake, WI 54868

    Updated 3 bed, 1 bath house with basement for recreation or extra storage space. 1 car detached garage. Enjoy the yard space and the easy access to schools and shopping. $1500 per month. Tenant is responsible for all utilities, lawn care, garbage, and snow removal.

    Tom Richie Real Estate Solutions

    615 W Messenger St, Rice Lake, WI 54868
  • /5

    $1,000

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • House for Rent

    2939 S Wisconsin Ave, Rice Lake, WI 54868

    Cozy one bedroom/one bathroom home for rent in Rice Lake. Property features a detached garage and spacious yard. Tenant handles utilities, lawncare, and snow removal. Conveniently located near Menards and Kohl's with easy access to Highway 53. Pets are allowed with additional rent.

    2939 S Wisconsin Ave, Rice Lake, WI 54868

Frequently Asked Questions

How much does it cost to rent a home in Rice Lake, WI?
The median rent for a home in Rice Lake, WI is $975 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
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 $39,000 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 $975 per month in Rice Lake, WI, renters typically need to show $2,925 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 22.2, 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.

Rental Home Trends in Rice Lake, WI

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$975
Median Single Family Home Rent
$1,350
Median Condo Rent
$750
How to Rent a Home