Cheap Apartments for Rent in Racine, WI from $735 (81 Rentals)

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Search the lowest-cost Apartments available for rent right now in Racine.

An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Discover Milwaukee apartment living from Downtown lofts to affordable suburban homes. We detail neighborhoods near the four major employment hubs: urban, leafy, and everything in between.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

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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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Check Out Milwaukee’s Best Affordable Neighborhoods

Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

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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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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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: 09/10/2026

Current apartment rentals in the Racine, WI area range in price from $763 to $5,329 with an overall median price of $1,479. The three Racine neighborhoods with the lowest median rent pricing are Wind Point at $1,125, Caledonia at $1,150, and Uptown Racine at $1,281. 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$1,125$76517
Caledonia$1,150$99017
Uptown Racine$1,281$76365
Mount Pleasant$1,425$763120
Downtown Racine$1,595$85025
Sturtevant$1,720$780116

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. 909 College Ave. in the Mount Pleasant neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Racine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lincoln ManorThe Aspen1BR,1BA$780
909 College Ave.1BR/1.0BA1BR,1BA$825
Gold Medal Lofts1 Bed 1 Bath1BR,1BA$875
Arabella1 Bed 1 Bath1BR,1BA$880
Georgetown SquareStudio-remodeled w/w&dStudio,1BA$889
825 Wisconsin Ave - 6 Unit2BR/1.0BA2BR,1BA$945
The Harbor at State and Main - 55+ CommunityTwo-Bedroom One-Bath2BR,1BA$1,024
Graceland Gardens Apartment Homes1BR1BR,1BA$1,049
The AvenuesStudio1BR,1BA$1,095

Best Value Apartments for Rent in Racine, WI

As of September 10, 2026 the best value apartment in the Racine area is the $0.98 price per square foot 2 Bed 2 Bath Model at Riverbend Lofts Holdings, LLC in the in the Mount Pleasant neighborhood starting from $1,680. The second greatest value Racine apartment is the 1724 Franklin St Model at 1724 Franklin St, Unit ONE starting at $1,250 with a $0.89 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.
Riverbend Lofts Holdings, LLC2 Bed 2 Bath2BR,2BA$0.98
1724 Franklin St, Unit ONE1724 Franklin St4BR,1BA$0.89
1210 Erie St, Unit 2B1210 Erie St3BR,1BA$0.96
The Harbor at State and Main - 55+ CommunityTwo-Bedroom One-Bath2BR,1BA$0.85
Arabella1 Bed 1 Bath1BR,1BA$1.08
1920 Lathrop Ave. (16 Unit)2BR/1.0BA2BR,1BA$1.38
Gold Medal Lofts1 Bed 1 Bath1BR,1BA$1.10
Graceland Gardens Apartment Homes1BR1BR,1BA$1.40
825 Wisconsin Ave - 6 Unit2BR/1.0BA2BR,1BA$1.26
1425 Villa St, Unit Upper1425 Villa St2BR,1BA$1.42

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Best Local Schools in
Racine, WI

School data provided by Great Schools

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

Explore Racine, WI Rentals by Map

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See the most popular apartments and homes in Racine, WI

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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 $1,095.

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 $1,479.

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 15 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 $151 which is $1,328 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.

Helpful Local Expert Guides

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An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Written by: Tim Brown

Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.

decorative image for A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Written by: Tim Brown

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

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The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students

Written by: Tim Brown

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

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.