Cheap Apartments for Rent in Racine, MN from $700 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Racine.

DM Communities - Rochester

Meadow Park Apartments

Hillside Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Cottages of Stewartville

EastGate Apartments

5th on 5th Apartments

The Ida

The Manor at Med City

Flats 55

TwentyFirst Ave

The Vista at South Broadway

501 on First
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Homestead Village Townhomes

Flats on 4th

Eastwood Ridge

The Rosewater

SoRoc On Maine

Residence at Discovery Square
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Red44

Metropolitan Market Place

Maven on Broadway

318 Commons

515 1/2 8th St SW

411 3rd Ln NE

121 Main St S
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

17 6th Ave SE

1513 4th St NE

1008 8th Ave SE

6134 S Pointe Dr SW
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 | $1,481 | $845 | $2,495 |
Racine 1 Bedroom Apartments | $1,635 | $775 | $4,888 |
Racine 2 Bedroom Apartments | $2,216 | $900 | $6,633 |
Racine 3 Bedroom Apartments | $2,324 | $1,000 | $8,244 |
Racine 4 Bedroom Apartments | $2,650 | $2,650 | $2,650 |
Browse Top Apartments in Racine
See all Apartments in RacineExplore Racine
Racine, MN Local Guide
- Nearby Cities
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Cheapest Available Racine Apartments for Rent and Nearby
 The cheapest available apartment rental in Racine, MN is a 1 Bed unit found at Meadow Park Apartments in the Meadow Park neighborhood priced from $800. DM Communities - Rochester in the Meadow Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Racine apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Meadow Park Apartments | Classic One Bedroom | 1BR,1BA | $800 |
DM Communities - Rochester | Uptown Court Apartment | 1BR,1BA | $845 |
The Colby | 1bd/1ba | 1BR,1BA | $995 |
EastGate Apartments | A1-60 | 1BR,1BA | $1,095 |
Hillside Apartments | One Bedroom/One Bath | 1BR,1BA | $1,100 |
The Manor at Med City | 1 Bedroom - Deluxe | 1BR,1BA | $1,225 |
Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,325 |
Eastwood Ridge | Osprey | 1BR,1BA | $1,390 |
The Rosewater | Sedge | 1BR,1BA | $1,397 |
Residence at Discovery Square | Alcove | Studio,1BA | $1,425 |
Best Value Apartments for Rent in Racine, MN and Nearby
As of June 05, 2025 the best value apartment in the Racine area is the $1.29 price per square foot Violet Model at The Vista at South Broadway in the in the Forest Knoll Heritage neighborhood starting from $1,851. The second greatest value Racine apartment is the 1 Bed, 1.5 Bath, Plus Den Model at Falcon Heights Townhomes starting at $1,920 with a $1.61 price per square foot in the East Rochester 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. |
---|---|---|---|
The Vista at South Broadway | Violet | 3BR,2BA | $1.29 |
Falcon Heights Townhomes | 1 Bed, 1.5 Bath, Plus Den | 2BR,1.5BA | $1.61 |
TwentyFirst Ave | 3 Bedrooms 1 Bathroom | 3BR,1BA | $1.46 |
SoRoc On Maine | NEW! Stoneridge + Den | 1BR,1BA | $1.97 |
Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.61 |
DM Communities - Rochester | Uptown Court Apartment | 1BR,1BA | $1.13 |
EastGate Apartments | A1-70 | 1BR,1BA | $1.89 |
Hillside Apartments | Two Bedroom/Two Bath | 2BR,2BA | $1.94 |
The Colby | 1bd/1ba | 1BR,1BA | $1.66 |
Meadow Park Apartments | Modern One Bedroom | 1BR,1BA | $1.73 |
Quick 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!
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Getting Around Racine, MN
Walk Score®
5 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Racine Apartments
How much is rent for a Cheap One Bedroom Racine Apartment?
The lowest price for a Cheap One Bedroom Racine Apartment is $800 at Meadow Park Apartments.
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 $850 at Homestead Village Townhomes.
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 $1,000.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.