RentDataNowRentDataNow
ZIP Code · MN

ZIP 55803

Pop. 17,662·Saint Louis County·9th most expensive ZIP in Minnesota
Median rent (all units)
$2,079/mo
Year-over-Year
Stable
Month-over-Month
-11.2%
vs US Median
+$114
Falling (Monthly)
Be the first to discuss 55803 rents ↓
Most AffordableMost Expensive
ZIP 55803 · $2,079
More expensive than 66% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,180
1 BR
$1,360
2 BR
$1,710
3 BR
$2,340
4 BR+
$2,870
Research median
$1,710/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: April 17, 2026

Annual cost
$24,948/yr
At $2,079/mo median
Location
StateMN
CountySaint Louis County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -11.2% MoM), not inventory.
Demographics

Who lives here

ZIP 55803 (Rice Lake, MN) is majority owner-occupied, has a large retiree population, has a median income above the national average, 51.8% of residents hold a bachelor's degree or higher.

Population
17,662
Median income
$105,888
Median age
45
Renters
16.5%
Age distribution
19.4%
17.1%
24.3%
15.7%
23.4%
Under 1819.4%
18–3417.1%
35–5424.3%
55–6415.7%
65+23.4%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
94.2%
White94.2%
Black0.8%
Hispanic0.5%
Asian0.8%
Other3.7%
Education (25+)
16.9%
28.1%
51.8%
No HS diploma3.2%
HS diploma16.9%
Some college28.1%
Bachelor's+51.8%
Housing tenure
83.5%
16.5%
Owner83.5%
Renter16.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 55803 in Rice Lake, MN has changed in 5 years

Income
$91,066 → $105,888
up 16.3%
Population
17,772 → 17,662
down 0.6%
Renter share
17.8% → 16.5%
-1.3 pts
Bachelor's+
44.5% → 51.8%
+7.3 pts
Median age
43.8 → 45
+1.2 yrs

Local incomes tracked alongside that move, going from a median of $91,066 in 2021 to $105,888 more recently. College-educated residents now make up 51.8% of adults here, versus 44.5% in 2021.

Community

Discussions about ZIP 55803

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 55803

About renting in ZIP 55803

Last updated: April 17, 2026

ZIP code 55803 covers Rice Lake, MN. The median rent here is $2,079/mo as of April 2026. A 1-bedroom rents for a median of $1,360/mo. A 2-bedroom rents for a median of $1,710/mo.

At 24% of local median household income ($105,888/yr), ZIP 55803 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55803?

As of April 17, 2026, the median monthly rent in ZIP 55803 (Rice Lake, MN) is $2,079. This is based on aggregated data from public sources and community submissions.

How does ZIP 55803 rent compare to the US average?

ZIP 55803's median rent of $2,079/mo is $114 (6%) above the US national median of $1,965/mo.

How does ZIP 55803 compare to other ZIPs in Minnesota?

ZIP 55803 is one of the pricier ZIP codes in Minnesota, ranking #9 out of 123 ZIPs tracked at $2,079/mo.

How much income do you need to rent in ZIP 55803?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (~$40/hour full-time) to afford the median rent of $2,079/mo in ZIP 55803. The local median household income is $105,888/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55803?

Rent in ZIP 55803 has been relatively stable over the past year, with a 0.0% change year over year as of April 17, 2026.

Is ZIP 55803 an affordable place to rent?

ZIP 55803 is considered very affordable for renters. At $2,079/mo, rent takes approximately 24% of the local median household income ($105,888/yr). The standard benchmark is 30%. ZIP 55803 falls comfortably within that range.

What percentage of ZIP 55803 residents rent vs. own?

According to Census data, approximately 16.5% of ZIP 55803 households are renters, while 83.5% are owner-occupied. ZIP 55803 leans toward homeownership, which can mean a smaller rental inventory.

When was rent data for ZIP 55803 last updated?

Rent data for ZIP 55803 reflects April 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $2,079/mo, rent takes ~24% of ZIP 55803's median household income ($105,888/yr). The standard benchmark is 30%.

ZIP 55803 24%Benchmark 30%
State income tax5.35–9.85%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 55803 (Rice Lake, MN)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.