Cheap Apartments for Rent in Racine, MN from $600 (32 Rentals)

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

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 Marion Apartments
Studio Apartments

The Marion Apartments

1600 Marion Rd 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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The Graham
Studio Apartments

The Graham

108 16th St SERochester, MN 55904
  • Utilities Included
property at 121 Main St S

121 Main St S

Grand MeadowMN55936

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.

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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. Meadow Park Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Racine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
DM Communities - RochesterFull Studio1BR,1BA$795
Meadow Park ApartmentsClassic One Bedroom1BR,1BA$850
The Colby1bd/1ba1BR,1BA$875
The BeaconStudioStudio,1BA$900
Hillside ApartmentsOne Bedroom/One Bath1BR,1BA$1,100
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1,125
EastGate ApartmentsS1-60Studio,1BA$1,166
The Manor at Med City1 Bedroom - Deluxe1BR,1BA$1,225
Residence at Discovery SquareAlcoveStudio,1BA$1,270
The RosewaterYarrow1BR,1BA$1,288

Best Value Apartments for Rent in Racine, MN and Nearby

As of July 31, 2025 the best value apartment in the Racine area is the $1.61 price per square foot 1 Bed, 1.5 Bath, Plus Den Model at Falcon Heights Townhomes in the in the East Rochester neighborhood starting from $1,920. The second greatest value Racine apartment is the Brookside Model at SoRoc on Maine starting at $1,970 with a $1.82 price per square foot in the Forest Knoll Heritage 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.
Falcon Heights Townhomes1 Bed, 1.5 Bath, Plus Den2BR,1.5BA$1.61
SoRoc on MaineBrookside2BR,2BA$1.82
Cottages of Stewartville3 Bedroom 1 Bathroom3BR,1BA$1.25
318 Commons3BR/2.0BA3BR,2BA$2.00
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.36
Eastwood RidgeSparrow1BR,1BA$2.07
Hillside ApartmentsOne Bedroom/One Bath1BR,1BA$1.69
DM Communities - RochesterFull StudioStudio ,1BA$1.33
The Colby1bd/1ba1BR,1BA$1.46
Meadow Park ApartmentsModern One Bedroom1BR,1BA$1.77

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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 $925 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 $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 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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.