Cheap Apartments for Rent in Racine, WI from $400 (44 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.

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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Pleasant Apartments
Studio to 2 Bedroom Apartments

Pleasant Apartments

2800 Mt Pleasant StRacine, WI 53404
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5107 Byrd Ave
1 to 2 Bedroom Apartments

5107 Byrd Ave

5107 Byrd AveRacine, WI 53406
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Cedar Bend Apartments
Studio to 1 Bedroom Apartments

Cedar Bend Apartments

3200 Indiana StRacine, WI 53405
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Northwestern Gardens
1 to 2 Bedroom Apartments

Northwestern Gardens

2400-2420 Northwestern AveRacine, WI 53404
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Oakview Manor
1 Bedroom Apartments

Oakview Manor

4720 Byrd AveRacine, WI 53406
Senior Living
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Biscayne Apartments
1 to 3 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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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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Wilmanor Apartments
Studio to 2 Bedroom Apartments

Wilmanor Apartments

255 N Memorial DrRacine, WI 53404
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Racine Apartments
1 to 2 Bedroom Apartments

Racine Apartments

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

Lincoln School

1800 Northwestern AveRacine, WI 53404
Senior Living

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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RIVERVIEW MANOR
1 to 2 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: 03/14/2026

Current apartment rentals in the Racine, WI area range in price from $658 to $4,205 with an overall median price of $1,821. The three Racine neighborhoods with the lowest median rent pricing are Caledonia at $950, Wind Point at $745, and Uptown Racine at $658. 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$1,420$95010
Wind Point$1,507$74512
Uptown Racine$1,595$658107
Downtown Racine$1,840$80062
Mount Pleasant$2,100$658159
Sturtevant$2,465$78066

Cheapest Available Racine Apartments for Rent

 

The cheapest available apartment rental in Racine, WI is a 1 Bed unit found at Lincoln Manor in the The Regent neighborhood priced from $780. 831-833 College Ave - 12 Family (ACE PROPERTY) in the Mount Pleasant neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Racine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lincoln ManorThe Aspen1BR,1BA$780
831-833 College Ave - 12 Family (ACE PROPERTY)1BR/1.0BA1BR,1BA$795
920-924 Romayne - 5 unit (ACE Property)1BR/1.0BA1BR,1BA$795
614 6th St. (12 Unit +2 Commercial)1BR/1.0BA1BR,1BA$825
Georgetown Square1 bedroom 1 bathroom1BR,1BA$889
The MaplesA61BR,1BA$945
1920 Lathrop Ave. (16 Unit)1BR/1.0BA1BR,1BA$975

Best Value Apartments for Rent in Racine, WI

As of March 14, 2026 the best value apartment in the Racine area is the $0.56 price per square foot 2 Bed/1 Bath Affordable Model at Mitchell Wagon Lofts in the in the Mount Pleasant neighborhood starting from $1,225. The second greatest value Racine apartment is the Units 210,310,410 Model at Riverbend Condominiums starting at $1,895 with a $1.10 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.
Mitchell Wagon Lofts2 Bed/1 Bath Affordable2BR,1BA$0.56
Riverbend CondominiumsUnits 210,310,4102BR,2BA$1.10
1210 Erie St, Unit 2B1210 Erie St3BR,1BA$1.04
The Harbor at State and Main - 55+ CommunityTwo-Bedroom One-Bath2BR,1BA$0.85
Arcade Apartments1 Bed/ 1 Bath Affordable1BR,1BA$1.07
5834 Margery Dr, Unit 2075834 Margery Dr2BR,1BA$1.10
Windpoint ApartmentsPlan E2BR,1.5BA$1.26
1920 Lathrop Ave. (16 Unit)1BR/1.0BA1BR,1BA$1.22
2036 Kearney Ave, Unit Upper2036 Kearney Ave2BR,1BA$1.19
2322 Spring St, Unit 2322 Spring St.2322 Spring St1BR,1BA$1.25

Don'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.

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The 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.

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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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Quick 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.

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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.

Racine, WI
Population: 77,432

Ranked #449

in US Census Population by City

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

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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 $975.

What is the price of a cheap apartment in Racine?

The cheapest apartment in Racine is Lincoln Manor which is listed at $780, while the average apartment in Racine costs $1,821.

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 28 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 $165 which is $1,656 cheaper than the average rent for all rentals in Racine.

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

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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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.