Commercial Real Estate Market in Rice Lake, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
78 active listings and 777 off-market properties in Rice Lake, WI. Commercial property asks $49/SF to buy and $15.21/SF/Yr to lease.
Market Trends
Rice Lake, WI spans 212.0 square miles in Barron County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Rice Lake, WI asks $96/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Rice Lake, WI asks $97/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Rice Lake, WI runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Rice Lake, WI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
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.
15,785
Population
7,640
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
94%
High-School Grad
212 sq mi
ZIP Area
74
Density / Sq Mi
$64,567
Median Household Income
$40,474
Median Earnings
$850
Median Rent
$199,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Haugen | — | — |
| Canton | — | — |
| Cameron | — | — |
| Barron | — | — |
Commercial property in Rice Lake, WI asks $49/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rice Lake?
Commercial property in Rice Lake, WI asks an average of $49 per square foot. Retail carries the highest asking price at $97/SF.
How much does it cost to lease commercial space in Rice Lake?
Asking lease rates in Rice Lake, WI average $15.21 per square foot per year.
Where does Realmo's Rice Lake market data come from?
Realmo compiles Rice Lake, WI figures from 7 recent recorded sales, 67 active sale listings, 11 active lease listings, 777 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 67 active for-sale and 11 active for-lease listings in Rice Lake, WI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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 August 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 August 2026 · report a data issue
