
Cheap Apartments for Rent in Racine, MN from $600 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Racine.


Hillside Apartments

Total Monthly Price
Meadow Park Apartments

Eastwood Manor

The Beacon

Total Monthly Price
Furlow Apartments

Total Monthly Price
The Ida

Lobb Field Apartments

Cottages of Stewartville
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.

EastGate Apartments

Homestead Village Townhomes

Eastwood Ridge

Total Monthly Price
Residence at Discovery Square

Total Monthly Price
5th on 5th Apartments

STEWARTVILLE FLATS

The HUE

Total Monthly Price
The Manor at Med City

501 on First
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Preserve on Maine

Total Monthly Price
Flats on 4th

Total Monthly Price
The Rosewater

Total Monthly Price
The Berkman

Total Monthly Price
Metropolitan Market Place

Total Monthly Price
The Boulders

SoRoc on Maine

The Graham

1017 21st St SE
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.

Chester Estates

The Colby

121 Main St S

28 6th Ave SE

220 5th St NE

2094 11th Ave SE

725 7th St NW

1732 2nd Ave SE

524 10th St SE
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.

Lofts at Mayo Park

1821 Daniel Ln NE
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 | $1,676 | $900 | $7,270 |
| Racine 1 Bedroom Apartments | $1,741 | $850 | $2,419 |
| Racine 2 Bedroom Apartments | $2,181 | $925 | $4,000 |
| Racine 3 Bedroom Apartments | $2,431 | $1,020 | $5,388 |
| Racine 4 Bedroom Apartments | $1,950 | $1,950 | $1,950 |
Browse Top Apartments in Racine
See all Apartments in RacineExplore Racine
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 1 Bed unit found at 105 Main St S priced from $675. Hillside Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Racine apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 105 Main St S | 1-bedroom | 1BR,1BA | $675 |
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Meadow Park Apartments | Classic Two Bedrooom | 2BR,1BA | $970 |
| The Beacon | Studio | Studio,1BA | $995 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,125 |
| The Ida | Unfurnished 1B1B | 1BR,1BA | $1,200 |
| The Manor at Med City | 1 Bedroom - Deluxe | 1BR,1BA | $1,360 |
| The Rosewater | Yarrow | 1BR,1BA | $1,491 |
| The Boulders | 11A | 1BR,1BA | $1,559 |
| SoRoc on Maine | Aspen | 1BR,1BA | $1,580 |
Best Value Apartments for Rent in Racine, MN and Nearby
As of May 01, 2026 the best value apartment in the Racine area is the $2.05 price per square foot 2 Bedroom - 2 Bath (Type 16) Model at 501 on First in the in the Meadow Park neighborhood starting from $2,450. The second greatest value Racine apartment is the 2 Bed, 2.5 Bath Model at Falcon Heights Townhomes starting at $1,970 with a $1.66 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. |
|---|---|---|---|
| 501 on First | 2 Bedroom - 2 Bath (Type 16) | 2BR,2BA | $2.05 |
| Falcon Heights Townhomes | 2 Bed, 2.5 Bath | 2BR,2.5BA | $1.66 |
| Metropolitan Market Place | 2 Beds, 2 baths | 2BR,2BA | $1.91 |
| Red44 Luxury Apartments | Specials Available | Orbit | 1BR,1BA | $1.86 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| The Boulders | 11A | 1BR,1BA | $2.07 |
| The Ida | Unfurnished 1B1B | 1BR,1BA | $1.85 |
| DM Communities - Rochester | 620-307 | 1BR,1BA | $1.66 |
| Hillside Apartments | Studio | Studio ,1BA | $1.90 |
| 105 Main St S | 1-bedroom | 1BR,1BA | $1.93 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 $675 at 105 Main St S.
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 $920 at Meadow Park Apartments.
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 $1,020.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.