The 21-year-old, who can also play in defence, had a previous loan spell with Barrow when he made three appearances between February and April 2016.
Rowe had loan spells at Wycombe in 2014 and 2015, before joining permanently from Rotherham in June 2015.
His signing comes a day after the addition of Wolves keeper Jon Flatt.
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Barrow have made their second signing in as many days with the addition of midfielder Dan Rowe from Wycombe on loan until the end of the season.