
Cheap Homes for Rent in Rice Lake, WI from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Rice Lake.


1811 11th St E

224 Main St E

1035 N Alvey St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

N538 4th Ave

W5582 Lacy St

2939 S Wisconsin Ave

400 Main St E
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

604 N Wilson Ave, Unit A
Rice Lake, WI Local Guide

How much does it cost to rent a home in Rice Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rice Lake 2 Bedroom Homes for Rent | $1,489 | $825 | $2,400 |
| Rice Lake 3 Bedroom Homes for Rent | $1,832 | $975 | $2,850 |
| Rice Lake 4 Bedroom Homes for Rent | $2,163 | $1,295 | $2,895 |
| Rice Lake 6 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
Browse Top Homes for Rent in Rice Lake
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Rice Lake, WI Local Guide
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Cheapest Available Rice Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Rice Lake, WI is a 1 Bed unit found at 4 Large Bed and 2 Bath- Next to UW Stout in the Main Street Menomonie neighborhood priced from $395. The Eddy in the Downtown Eau Claire neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $500. Here is today’s list of the most affordable Rice Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4 Large Bed and 2 Bath- Next to UW Stout | Single Bedroom | 1BR,3BA | $395 |
| The Eddy | Two Bedroom - Income Based Rent | 2BR,2BA | $500 |
| 503 Broadway | Four bedroom shared | 4BR,2BA | $570 |
Best Value Apartments for Rent in Rice Lake, WI and Nearby
As of May 21, 2026 the best value apartment in the Rice Lake area is the $0.75 price per square foot Full Unit Model at 4 Large Bed and 2 Bath- Next to UW Stout in the in the Main Street Menomonie neighborhood starting from $1,395. The second greatest value Rice Lake apartment is the Four bedroom shared Model at 503 Broadway starting at $570 with a $0.41 price per square foot in the Main Street Menomonie neighborhood. Here is today’s list of the best values for Rice Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4 Large Bed and 2 Bath- Next to UW Stout | Full Unit | 4BR,3BA | $0.75 |
| 503 Broadway | Four bedroom shared | 4BR,2BA | $0.41 |
| Lindoo School Apartments and Townhomes | 3x2 | 3BR,2BA | $0.78 |
| 315 Riverfront Terrace | 2BR/2.0BA | 2BR,2BA | $1.27 |
| Songbird Apartments | 3BR Townhouse 60% | 3BR,1.5BA | $1.00 |
| Cedar Grove I and II | 3BR TH | 3BR,1.5BA | $0.95 |
| Island Glen #2 | 2 Bedroom | 2BR,1BA | $1.25 |
| 4532 Arrowhead Dr | Upstairs Two Bedroom | 2BR,1BA | $1.04 |
| Beebe Lofts | 1 Bedroom | 1BR,1BA | $0.87 |
| 808 Jefferson Ave | 1x1 | 1BR,1BA | $1.23 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Rice Lake, WI
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Rice Lake, WI
Frequently Asked Questions about Rice Lake
What type of rentals are currently available in Rice Lake?
There are currently 71 Apartments for Rent in Rice Lake, WI with pricing that ranges from $449 to $2,950. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rice Lake ranging from $700 to $2,895.
What is the current price range for Rental Homes in Rice Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rice Lake ranges from $700 to $2,895 with an average monthly rent of $1,464.
How much are larger Three and Four Bedroom Rentals in Rice Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Rice Lake range from $640 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $2,850. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $550.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.