Rice Lake, WI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Rice Lake short-term rental market based on reliable data.

Listings

129 / 259

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$24,450

Middle-Earners Revenue

Occupancy

45%

Middle-Earners Occupancy

Home Value

$265,150

Median Home Sale Price

Top Earners

$51,498

Top-Earners Revenue

Rice Lake

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Rice Lake.

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C

Challenging to Investors

Rice Lake Regulations

STRs are allowed in the Town with a 180‑day annual cap and 7‑day minimum for off‑site operators, plus parking, operator proximity, quarterly reporting and state licensing, while the City prohibits STRs in residential zones—severely limiting viable stock and increasing compliance and acquisition risk.

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About Rice Lake

Rice Lake is a city in Barron County in northwest Wisconsin, United States, on the shore of the lake with the same name. The city is a commercial and tourist center for the surrounding rural areas. As of the 2020 census, the city had a total population of 9,040. The city is located mostly within the Town of Rice Lake.

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