
Cheap Homes for Rent in Racine, MN from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Racine.


28 6th Ave SE

20 Mayo Park Dr SE

2094 11th Ave SE
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.

725 7th St NW

1732 2nd Ave SE

524 10th St SE

1821 Daniel Ln NE
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.

3960 Willow Heights Dr SW
Racine, MN Local Guide

How much does it cost to rent a home in Racine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Racine 2 Bedroom Homes for Rent | $1,581 | $1,350 | $1,950 |
| Racine 3 Bedroom Homes for Rent | $2,069 | $1,300 | $3,000 |
| Racine 4 Bedroom Homes for Rent | $3,011 | $2,050 | $4,800 |
| Racine 5 Bedroom Homes for Rent | $1,975 | $1,975 | $1,975 |
Browse Top Homes for Rent in Racine
Explore 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 | Modern Two Bedroom | 2BR,1BA | $920 |
Best Value Apartments for Rent in Racine, MN and Nearby
As of April 25, 2026 the best value apartment in the Racine area is the $1.66 price per square foot 2 Bed, 2.5 Bath Model at Falcon Heights Townhomes in the in the East Rochester neighborhood starting from $1,970. The second greatest value Racine apartment is the Swan Model at Eastwood Ridge starting at $1,891 with a $1.75 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. |
|---|---|---|---|
| Falcon Heights Townhomes | 2 Bed, 2.5 Bath | 2BR,2.5BA | $1.66 |
| Eastwood Ridge | Swan | 2BR,2BA | $1.75 |
| Metropolitan Market Place | 2 Beds, 2 baths | 2BR,2BA | $1.91 |
| Red44 Luxury Apartments | Specials Available | Orbit | 1BR,1BA | $1.91 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| Lobb Field Apartments | A | 2BR,1BA | $1.42 |
| 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 |
10 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 Racine
What type of rentals are currently available in Racine?
There are currently 43 Apartments for Rent in Racine, MN with pricing that ranges from $850 to $5,388. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Racine ranging from $1,000 to $4,800.
What is the current price range for Rental Homes in Racine?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Racine ranges from $1,000 to $4,800 with an average monthly rent of $1,781.
How much are larger Three and Four Bedroom Rentals in Racine?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Racine range from $1,020 to $5,388, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $1,950.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.