
Cheap Apartments for Rent in Racine, WI from $400 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Racine.


Arabella

The Maples

914 Wisconsin Ave, Unit 2

Lincoln Manor

Mitchell Wagon Lofts

506 7th St

1515 Taylor Ave

3812 Kinzie Ave
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.

Georgetown Square

1746 Chatham St

Park Lane Apartments

Windpoint Apartments

Orchard Springs

4315 Kennedy Dr, Unit 103

2518 Northwestern Ave

The Avenues

523 3 Mile Rd
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.

515 3 Mile Rd

1801 N Wisconsin St

Pleasant Apartments

5107 Byrd Ave

Northwestern Apartments

Cedar Bend Apartments

Northwestern Gardens

Oakview Manor

Biscayne Apartments
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.

Greenbriar Apartments

Wilmanor Apartments

Mount Pleasant Manor Senior Living Community

Racine Apartments

Allegro Apartments

Column Apartments

4330 Kennedy Dr

Lincoln School

831-833 College Ave - 12 Family (ACE PROPERTY)
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.

920-924 Romayne - 5 unit (ACE Property)

RIVERVIEW MANOR

Breckenridge Apartments

614 6th St. (12 Unit +2 Commercial)

Bell Pointe

Graceland Arms

1920 Lathrop Ave. (16 Unit)

Villa Maria

Indian Hills Apartments
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.

5834 Margery Dr, Unit 207

2626 Newman Rd, Unit 2

3013 90th St

Killarney Kourt Senior Living
Racine, WI Local Guide

How much does it cost to rent an apartment in Racine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Racine Studio Apartments | $1,236 | $429 | $2,255 |
| Cheap Racine 1 Bedroom Apartments | $1,398 | $750 | $2,690 |
| Cheap Racine 2 Bedroom Apartments | $1,642 | $822 | $5,080 |
| Cheap Racine 3 Bedroom Apartments | $1,981 | $1,075 | $4,005 |
Browse Top Apartments in Racine
See all Apartments in RacineExplore Racine
Racine, WI Local Guide

- Racine Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Racine, WI
Pricing Updated: 01/26/2026Current apartment rentals in the Racine, WI area range in price from $429 to $5,080 with an overall median price of $2,829. The three Racine neighborhoods with the lowest median rent pricing are Uptown Racine at $429, Wind Point at $745, and Downtown Racine at $750. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Racine Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Uptown Racine | $1,575 | $429 | 131 |
| Wind Point | $1,600 | $745 | 18 |
| Downtown Racine | $1,835 | $750 | 63 |
| Sturtevant | $2,475 | $780 | 56 |
| Caledonia | $4,745 | $940 | 15 |
| Mount Pleasant | $4,745 | $429 | 200 |
Cheapest Available Racine Apartments for Rent
 The cheapest available apartment rental in Racine, WI is a 3 Beds unit found at Gold Medal Lofts in the Mount Pleasant neighborhood priced from $133. Arabella in the Mount Pleasant neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $751. Here is today’s list of the most affordable Racine apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gold Medal Lofts | 3 Bed 2 Bath | 3BR,2BA | $133 |
| Arabella | 1 Bed 1 Bath | 1BR,1BA | $751 |
| Lincoln Manor | The Aspen | 1BR,1BA | $780 |
| Lincoln School | 1 | 1BR,1BA | $790 |
| 831-833 College Ave - 12 Family (ACE PROPERTY) | 1BR/1.0BA | 1BR,1BA | $795 |
| 920-924 Romayne - 5 unit (ACE Property) | 1BR/1.0BA | 1BR,1BA | $795 |
| 614 6th St. (12 Unit +2 Commercial) | 1BR/1.0BA | 1BR,1BA | $845 |
| Georgetown Square | 1 bedroom 1 bathroom | 1BR,1BA | $889 |
| 1920 Lathrop Ave. (16 Unit) | 1BR/1.0BA | 1BR,1BA | $975 |
Best Value Apartments for Rent in Racine, WI
As of January 26, 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 403 Main St Model at 403 Main St, Unit 2A starting at $1,900 with a $1.04 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mitchell Wagon Lofts | 2 Bed/1 Bath Affordable | 2BR,1BA | $0.56 |
| 403 Main St, Unit 2A | 403 Main St | 3BR,2BA | $1.04 |
| Riverbend Condominiums | Units 216,316,416 | 2BR,2BA | $1.15 |
| Gold Medal Lofts | 3 Bed 2 Bath | 3BR,2BA | $0.10 |
| 1516 Thurston Ave, Unit Upper | 1516 Thurston Ave | 3BR,1BA | $1.15 |
| 1210 Erie St, Unit 2B | 1210 Erie St | 3BR,1BA | $0.96 |
| The Harbor at State and Main - 55+ Community | Two-Bedroom One-Bath | 2BR,1BA | $0.85 |
| Arabella | 1 Bed 1 Bath | 1BR,1BA | $0.75 |
| Arcade Apartments | 1 Bed/ 1 Bath Affordable | 1BR,1BA | $1.07 |
| 5834 Margery Dr, Unit 207 | 5834 Margery Dr | 2BR,1BA | $1.10 |
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.
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.
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.
Best Local Schools in Racine, WI
Jefferson Lighthouse Elementary
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Racine, WI Rentals by Map
See the most popular apartments and homes in Racine, WI
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 Arabella which is listed at $751, while the average apartment in Racine costs $2,829.
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 $171 which is $2,658 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

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.

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.

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.

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.