Cheap Homes for Rent in Racine, MN from $1,200 (13 Rentals)

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Search the lowest-cost Homes 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.

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.

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$950
EastGate ApartmentsA1-501BR,1BA$1,050
Hillside ApartmentsOne Bedroom/One Bath1BR,1BA$1,100

Best Value Apartments for Rent in Racine, MN and Nearby

As of July 15, 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 3BR/2.0BA Model at 318 Commons starting at $1,725 with a $2.00 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Falcon Heights Townhomes1 Bed, 1.5 Bath, Plus Den2BR,1.5BA$1.61
318 Commons3BR/2.0BA3BR,2BA$2.00
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.36
The Boulders1A1BR,1BA$2.06
EastGate ApartmentsA1-701BR,1BA$1.82
Hillside ApartmentsOne Bedroom/One Bath1BR,1BA$1.69
Eastwood RidgeOsprey1BR,1BA$2.08
DM Communities - RochesterFull StudioStudio ,1BA$1.33
The Colby1bd/1ba1BR,1BA$1.58
Meadow Park ApartmentsModern One Bedroom1BR,1BA$1.72

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Frequently Asked Questions about Racine

What type of rentals are currently available in Racine?

There are currently 35 Apartments for Rent in Racine, MN with pricing that ranges from $775 to $10,056. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Racine ranging from $1,275 to $3,500.

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 $1,275 to $3,500 with an average monthly rent of $2,243.

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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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.

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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.

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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.