To provide a method for producing a rigid polyurethane foam using a polymer-dispersed polyol, which has high compatibility with a polyol to be used and is excellent in the storage stability, and with which good heat insulating properties can be obtained when it is formed into a foam.A method for producing a rigid polyurethane foam, which comprises reacting a polyol (Z) with a polyisocyanate in the presence of a blowing agent, a surfactant and a catalyst, wherein the (Z) is obtained by mixing a polyol (Z1) with a polymer-dispersed polyol (A) and has an average hydroxy value of from 200 to 800 mgKOH/g. The (A) is one having a monomer polymerized in a polyol (X), the (X) contains a polyether polyol (Y), the (Y) has an oxyethylene group content of at least 15 mass % and contains a polyol Y1 having a hydroxy value of from 200 to 800 mgKOH/g and a polyol Y2 having a hydroxy value of from 5 to 84 mgKOH/g, and the monomer contains a fluorinated acrylate or a fluorinated methacrylate.