Cheap Apartments for Rent in Racine, MN from $700 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in Racine.

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.

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Chester Estates
$905 - $960
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $950
Required Monthly Fees
$10
Total Monthly Price
$905 - $960
1 to 2 Bedroom Apartments Available Now

Chester Estates

1463-1537 6th Ave SERochester, MN 55904
Affordability
  • Verified
  • Utilities Included

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.

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The Manor at Med City
$1,285 - $1,690
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,630
Required Monthly Fees
$60
Total Monthly Price
$1,285 - $1,690
1 to 3 Bedroom Apartments Available Now

The Manor at Med City

1505 Marion Rd SERochester, MN 55904
Affordability
  • Verified
  • Utilities Included
  • Low Income

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The Rosewater
Rent Specials
$1,396 - $2,843
Total Monthly Price

Total Monthly Price

Base Rent
$1,307 - $2,754
Required Monthly Fees
$89
Total Monthly Price
$1,396 - $2,843
1 to 3 Bedroom Apartments Available Now

The Rosewater

1155 Felty Ave SERochester, MN 55904
Affordability
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour
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The Berkman
$1,460 - $9,392
Total Monthly Price

Total Monthly Price

Base Rent
$1,376 - $9,308
Required Monthly Fees
$84
Total Monthly Price
$1,460 - $9,392
Studio to 3 Bedroom Apartments Available Now

The Berkman

217 14th Ave SWRochester, MN 55902
Furnished
  • Verified
  • Customer Reviewed
  • Smoke Free
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The Beacon
Studio Apartments

The Beacon

431 3rd Ave SERochester, MN 55904
  • Utilities Included

Cash 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.

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Lofts at Mayo Park
1 to 2 Bedroom Apartments

Lofts at Mayo Park

123 6th Ave SERochester, MN 55904
  • Utilities Included
Showing Results 1-37, Page 1 of 1

Racine, MN Local Guide

Cheapest Available Racine Apartments for Rent and Nearby

 

The cheapest available apartment rental in Racine, MN is a 1 Bed unit found at DM Communities - Rochester in the Meadow Park neighborhood priced from $795. The Colby in the Historic Southwest neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Racine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
DM Communities - RochesterFull Studio1BR,1BA$795
The Colby1bd/1ba1BR,1BA$825
Meadow Park ApartmentsClassic One Bedroom1BR,1BA$850
Lobb Field ApartmentsE1BR,1BA$875
Eastwood Manors1BR/1.0BA1BR,1BA$900
Hillside ApartmentsStudioStudio,1BA$900
105 Main St S2-bedroom2BR,1BA$900
Chester Estates1BR/1.0BA1BR,1BA$905
EastGate ApartmentsS1-60Studio,1BA$1,166
Cottages of Stewartville2 Bedroom 1 Bathroom2BR,1BA$1,215

Best Value Apartments for Rent in Racine, MN and Nearby

As of September 15, 2025 the best value apartment in the Racine area is the $1.14 price per square foot 4 Beds, 2 baths Model at 1420 3rd Ave SW in the in the Meadow Park neighborhood starting from $2,400. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1420 3rd Ave SW4 Beds, 2 baths4BR,2BA$1.14
Falcon Heights Townhomes1 Bed, 1.5 Bath, Plus Den2BR,1.5BA$1.61
Cottages of Stewartville2 Bedroom 1 Bathroom2BR,1BA$1.22
TwentyFirst Ave2 Bedroom 1 Bathroom2BR,1BA$1.49
FLATS 551 BED 1 BATH1BR,1BA$1.68
105 Main St S2-bedroom2BR,1BA$1.29
Eastwood Manors1BR/1.0BA1BR,1BA$1.29
DM Communities - RochesterFull StudioStudio ,1BA$1.33
Lobb Field ApartmentsE1BR,1BA$1.46
The Colby1bd/1ba1BR,1BA$1.58

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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

What is the Cheapest Studio apartment in Racine?

Currently the most affordable Cheap Studio Apartment in Racine is at DM Communities - Rochester listed at $795.

How much is rent for a Cheap One Bedroom Racine Apartment?

The lowest price for a Cheap One Bedroom Racine Apartment is $795 at DM Communities - Rochester.

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 $900 at 105 Main St S.

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 $995.

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.