Commercial Real Estate Market in Rice Lake, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
43 active listings and 776 off-market properties in Rice Lake, WI. Commercial property asks $95/SF to buy and $15.85/SF/Yr to lease (based on 4 listings).
Market Trends
Rice Lake, WI spans 212.0 square miles in Barron County, Wisconsin. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Rice Lake, WI has a median asking sale price of $89/SF. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Rice Lake, WI has a median asking sale price of $117/SF (based on 9 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Rice Lake, WI has a median asking sale price of $119/SF (based on 4 listings). Vacancy runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily space in Rice Lake, WI has a median asking sale price of $135/SF (based on 4 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Demographics & Economy
Rice Lake, WI has 15,785 residents in 7,640 households. Density runs 74 people per square mile. Median household income here is $64,567 and median gross rent $850 a month.
Tools
Nearby Markets
Commercial property in Rice Lake, WI asks $95/SF. The 2 bordering markets run from $98/SF in Barron to $102/SF in Chetek, and the city sits below their $100/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Rice Lake?
How much does it cost to lease commercial space in Rice Lake?
How does Rice Lake compare to nearby markets on price?
Where does Realmo's Rice Lake market data come from?
Methodology & data sources
- Asking prices and medians
- There are 32 active for-sale and 11 active for-lease listings in Rice Lake, WI. The medians are based on 28 of the for-sale and 4 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
