A rich and creamy baked rice pudding made with sweetened condensed milk, warm spices, and tender rice. Comforting, nostalgic, and easy to make.
1/2 cup long grain white rice
1 cup water
2 large eggs
2 cups whole milk
1 can (14 oz) sweetened condensed milk
2 tbsp butter, melted
1 tsp vanilla extract
Optional: 1/2 cup raisins, ground cinnamon or nutmeg for topping
Cook rice with water until tender, about 10–12 minutes. Let cool.
Preheat oven to 325°F. Grease a 2-quart baking dish.
In a bowl, whisk eggs, milk, condensed milk, butter, and vanilla until smooth.
Stir in cooked rice and raisins if using.
Pour into dish and place inside a larger pan. Fill outer pan halfway with hot water.
Bake 45–55 minutes until set but slightly jiggly in the center.
Cool 15 minutes before serving. Sprinkle with cinnamon or nutmeg if desired.
Serve warm or chilled. Store leftovers in the fridge up to 4 days. Use leftover plain rice if desired (1 1/2 cups).