Cheap Apartments for Rent in Racine, WI from $400 (39 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.

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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Pleasant Apartments
Studio to 2 Bedroom Apartments

Pleasant Apartments

2800 Mt Pleasant StRacine, WI 53404
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5107 Byrd Ave
1 Bedroom Apartments

5107 Byrd Ave

5107 Byrd AveRacine, WI 53406
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Twin Manor
2 Bedroom Apartments

Twin Manor

2400-2420 Northwestern AveRacine, WI 53404
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Biscayne Apartments
1 Bedroom Apartments

Biscayne Apartments

4910 Biscayne AveRacine, WI 53406
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Greenbriar Apartments
2 Bedroom Apartments

Greenbriar Apartments

1445-1455 S Emmertsen RdRacine, WI 53406
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Wilmanor Apartments
Studio to 2 Bedroom Apartments

Wilmanor Apartments

255 N Memorial DrRacine, WI 53404
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Racine Apartments
2 Bedroom Apartments

Racine Apartments

645 S Green Bay RdRacine, WI 53406
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Allegro Apartments
1 to 2 Bedroom Apartments

Allegro Apartments

4035 Erie StRacine, WI 53402
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Column Apartments
1 to 2 Bedroom Apartments

Column Apartments

2225 Layard AveRacine, WI 53404
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4330 Kennedy Dr
2 Bedroom Apartments

4330 Kennedy Dr

4330 Kennedy DrRacine, WI 53404
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RIVERVIEW MANOR
1 Bedroom Apartments

RIVERVIEW MANOR

1403 W 6th StRacine, WI 53404
Senior Living
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Bell Pointe
1 to 2 Bedroom Apartments

Bell Pointe

4311 Durand AveRacine, WI 53405
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Graceland Arms
1 to 2 Bedroom Apartments

Graceland Arms

5030 Graceland BlvdRacine, WI 53406
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Villa Maria
1 to 2 Bedroom Apartments

Villa Maria

2745 N Fancher RdRacine, WI 53406
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3013 90th St
2 Bedroom Apartments

3013 90th St

3013 90th StSturtevant, WI 53177
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Racine, WI Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Racine, WI

Pricing Updated: 06/13/2025

Current apartment rentals in the Racine, WI area range in price from $609 to $5,525 with an overall median price of $1,860. The three Racine neighborhoods with the lowest median rent pricing are Caledonia at $935, Wind Point at $645, and Uptown Racine at $800. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Racine Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Caledonia$1,400$9356
Wind Point$1,400$64523
Uptown Racine$1,442$80019
Downtown Racine$1,860$645117
Mount Pleasant$2,515$609172
Sturtevant$2,544$60945

Cheapest Available Racine Apartments for Rent

 

The cheapest available apartment rental in Racine, WI is a Studio unit found at The Maples in the Mount Pleasant neighborhood priced from $645. 2200 Washington Ave. Racine, WI 53405 in the The Regent neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Racine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The MaplesA3Studio,1BA$645
2200 Washington Ave. Racine, WI 53405StudioStudio,1BA$800
Mitchell Wagon Lofts2 Bed/1 Bath Affordable2BR,1BA$822
Georgetown SquareStudio-remodeled w/w&dStudio,1BA$879
Park Lane ApartmentsLarge One Bedroom1BR,1BA$920
Windpoint ApartmentsPlan A1BR,1BA$940
The AvenuesStudio1BR,1BA$995
Arcade Apartments1 Bed/ 1 Bath Affordable1BR,1BA$1,018
The Harbor at State and Main - 55+ CommunityTwo-Bedroom One-Bath2BR,1BA$1,024
Indian Hills ApartmentsRemodeled One Bedroom Den1BR,1BA$1,035

Best Value Apartments for Rent in Racine, WI

As of June 14, 2025 the best value apartment in the Racine area is the $0.85 price per square foot Two-Bedroom One-Bath Model at The Harbor at State and Main - 55+ Community in the in the Mount Pleasant neighborhood starting from $1,024. The second greatest value Racine apartment is the 1 Bedroom Affordable Model at Mitchell Wagon Lofts starting at $1,009 with a $0.85 price per square foot in the Mount Pleasant 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.
The Harbor at State and Main - 55+ CommunityTwo-Bedroom One-Bath2BR,1BA$0.85
Mitchell Wagon Lofts1 Bedroom Affordable1BR,1BA$0.85
Villa Rosa Apartments2 bedroom second floor "Villa Rosa Section"2BR,1.5BA$1.43
Arcade Apartments2b1b Affordable2BR,1BA$1.18
The Parkview Senior Apartments- 55+ CommunityTwo Bedroom/1 Bath2BR,1BA$1.49
Central Park ApartmentsTwo Bed 1 Bath A2BR,1BA$1.16
Haven RacineB22BR,1.5BA$1.39
Lake Oaks Senior ApartmentsTwo Bedroom Apartment2BR,2BA$1.34
Indian Hills ApartmentsRemodeled One Bedroom Den1BR,1BA$1.25
Park Lane ApartmentsLarge One Bedroom1BR,1BA$1.18

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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.

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Racine Overview

Located on the banks of the scenic Lake Michigan and just a short drive from the excitement of Milwaukee, Racine is a charming city wrapped in the natural splendor of the great state of Wisconsin. An industry-heavy blue collar destination, Racine effortlessly combines winning amenities with an intangible welcoming spirit, yielding an excellent mid-western spot to live, work and play.

Why live in Racine, WI?

From the scenic marina district to the long and proud history as a 'city of industry', Racine apartments make an excellent option for anyone eager to discover all that life in Wisconsin has to offer. Flush with an abundance of historical landmarks and quaint eateries, this slice of midwestern charm is brimming with an ambiance all its own.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Racine, WI Rentals by Map

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Getting Around Racine, WI

Walk Score®

57 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

31 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Racine Apartments

What is a cheap apartment in Racine?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Racine is under $1,035.

What is the price of a cheap apartment in Racine?

The cheapest apartment in Racine is The Maples which is listed at $750, while the average apartment in Racine costs $1,860.

What types of apartments are the cheapest in Racine?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 24 regular apartments in Racine that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Racine?

Cheap apartments in Racine have an average cost of $457 which is $1,403 cheaper than the average rent for all rentals in Racine.

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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Finding The Best Affordable Milwaukee Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.

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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.