Cheap Apartments for Rent in Racine, WI from $400 (46 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
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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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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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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

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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RIVERVIEW MANOR
1 to 2 Bedroom Apartments

RIVERVIEW MANOR

1403 W 6th StRacine, WI 53404
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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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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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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.

Racine, WI Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Racine, WI

Pricing Updated: 12/15/2025

Current apartment rentals in the Racine, WI area range in price from $133 to $5,995 with an overall median price of $3,216. The three Racine neighborhoods with the lowest median rent pricing are Wind Point at $745, Uptown Racine at $133, and Downtown Racine at $690. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Racine Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Wind Point$1,485$74517
Uptown Racine$1,524$133139
Downtown Racine$1,802$69070
Sturtevant$2,499$88959
Caledonia$5,995$94015
Mount Pleasant$5,995$133220

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 $735. Gold Medal Lofts in the Mount Pleasant neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Racine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The MaplesA3Studio,1BA$735
Gold Medal Lofts1 Bed 1 Bath1BR,1BA$750
Arabella1 Bed 1 Bath1BR,1BA$751
Lincoln School11BR,1BA$790
920-924 Romayne - 5 unit (ACE Property)1BR/1.0BA1BR,1BA$795
831-833 College Ave - 12 Family (ACE PROPERTY)1BR/1.0BA1BR,1BA$845
614 6th St. (12 Unit +2 Commercial)1BR/1.0BA1BR,1BA$895

Best Value Apartments for Rent in Racine, WI

As of December 15, 2025 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 403 Main St Model at 403 Main St, Unit 2A starting at $2,000 with a $1.09 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
403 Main St, Unit 2A403 Main St3BR,2BA$1.09
Riverbend CondominiumsUnits 216,316,4162BR,2BA$1.15
1210 Erie St, Unit 2B1210 Erie St3BR,1BA$0.81
The Harbor at State and Main - 55+ CommunityTwo-Bedroom One-Bath2BR,1BA$0.85
Arabella1 Bed 1 Bath1BR,1BA$0.75
2112 Clarence Ave, Unit Upper2112 Clarence Ave2BR,1BA$0.95
Arcade Apartments1 Bed/ 1 Bath Affordable1BR,1BA$1.07
5834 Margery Dr, Unit 1075834 Margery Dr2BR,1BA$1.10
Gold Medal Lofts1 Bed 1 Bath1BR,1BA$0.94

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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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.

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®

52 / 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 $895.

What is the price of a cheap apartment in Racine?

The cheapest apartment in Racine is Gold Medal Lofts which is listed at $750, while the average apartment in Racine costs $3,216.

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 36 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 $218 which is $2,998 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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!