
Cheap Apartments for Rent near Racine, MN from $600 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Racine.


Eastwood Manor Apartments

Hillside Apartments

Sutton Place

Total Monthly Price
Meadow Park Apartments

The Beacon

Total Monthly Price
Furlow Apartments

Total Monthly Price
The Colby

EastGate Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Cottages of Stewartville

Homestead Village Townhomes

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The Ida

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Residence at Discovery Square

Total Monthly Price
5th on 5th Apartments

STEWARTVILLE FLATS

The HUE

Eastwood Ridge

TwentyFirst Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

The Vista at South Broadway

Total Monthly Price
The Manor at Med City

501 on First

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The Rosewater

Preserve on Maine

Total Monthly Price
SoRoc on Maine

Total Monthly Price
Metropolitan Market Place

Total Monthly Price
Flats on 4th

Total Monthly Price
Maven on Broadway
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Graham

1017 21st St SE

Chester Estates

121 Main St S

Lobb Field Apartments

28 6th Ave SE

2094 11th Ave SE

220 Broadway Ave S

Lofts at Mayo Park
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

224 9th Ave NW

1215 7th Ave SE

1418-3-1/2 3 1/2 St SE
Racine, MN Local Guide

How much does it cost to rent an apartment in Racine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Racine Studio Apartments | $1,498 | $900 | $1,975 |
| Racine 1 Bedroom Apartments | $1,640 | $850 | $2,280 |
| Racine 2 Bedroom Apartments | $2,166 | $1,045 | $3,600 |
| Racine 3 Bedroom Apartments | $2,504 | $1,295 | $4,256 |
| Racine 4 Bedroom Apartments | $1,560 | $1,495 | $1,950 |
Browse Top Apartments in Racine
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Racine, MN Local Guide
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Cheapest Available Racine Apartments for Rent and Nearby
 The cheapest available apartment rental in Racine, MN is a Studio unit found at Hillside Apartments in the Meadow Park neighborhood priced from $900. Chester Estates in the Meadow Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $985. Here is today’s list of the most affordable Racine apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Chester Estates | 2 Bed | 2BR,1BA | $985 |
| Meadow Park Apartments | Modern Two Bedroom | 2BR,1BA | $995 |
| The Beacon | Studio | Studio,1BA | $995 |
| EastGate Apartments | A1-60 | 1BR,1BA | $1,095 |
| The Colby | 1bd/1ba | 1BR,1BA | $1,095 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,125 |
| Furlow Apartments | One Bed | 1BR,1BA | $1,170 |
| The Ida | Unfurnished 1B1B | 1BR,1BA | $1,200 |
| Eastwood Ridge | Hummingbird | Studio,1BA | $1,316 |
Best Value Apartments for Rent in Racine, MN and Nearby
As of July 30, 2026 the best value apartment in the Racine area is the $1.45 price per square foot Lafayette Model at Crystal Bay Townhomes in the in the Historic Southwest neighborhood starting from $1,810. The second greatest value Racine apartment is the 2 Bedroom 1 Bathroom Model at Homestead Village Townhomes starting at $1,125 with a $1.36 price per square foot in the Meadow Park neighborhood. Here is today’s list of the best values for Racine apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Crystal Bay Townhomes | Lafayette | 2BR,1.5BA | $1.45 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| Chester Estates | 2 Bed | 2BR,1BA | $1.23 |
| Preserve on Maine | Chatfield | 1BR,1BA | $2.05 |
| SoRoc on Maine | Buckridge | 1BR,1BA | $2.09 |
| Meadow Park Apartments | Classic Two Bedrooom | 2BR,1BA | $1.51 |
| EastGate Apartments | A1-60 | 1BR,1BA | $1.60 |
| The Ida | Unfurnished 1B1B | 1BR,1BA | $1.85 |
| DM Communities - Rochester | 620-106 | 1BR,1BA | $1.99 |
| Hillside Apartments | Studio | Studio ,1BA | $1.90 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Racine, MN Rentals by Map
See the most popular apartments and homes in Racine, MN
Frequently Asked Questions about Cheap Racine Apartments
What is the Cheapest Studio apartment in Racine?
Currently the most affordable Cheap Studio Apartment in Racine is at Hillside Apartments listed at $900.
How much is rent for a Cheap One Bedroom Racine Apartment?
The lowest price for a Cheap One Bedroom Racine Apartment is $1,095 at The Colby.
What is the lowest price for a Cheap Two Bedroom Racine Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Racine is starting from $985 at Chester Estates.
What is the most affordable Racine Three Bedroom Apartment?
The best deal on a cheap Racine Three Bedroom Apartment rental is at Meadow Park Apartments and starts from $1,320.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.