Cheap Apartments for Rent in the Downtown Racine Neighborhood of Racine, WI from $600 (20 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

close
View Me
Wilmanor Apartments
Studio to 2 Bedroom Apartments

Wilmanor Apartments

255 N Memorial DrRacine, WI 53404
  • Utilities Included
close
View Me
Lincoln School
1 to 2 Bedroom Apartments

Lincoln School

1800 Northwestern AveRacine, WI 53404
Senior Living
close
View Me
RIVERVIEW MANOR
1 to 2 Bedroom Apartments

RIVERVIEW MANOR

1403 W 6th StRacine, WI 53404
Senior Living
  • Utilities Included

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.

close
View Me
Belle Harbor Lofts
1 to 3 Bedroom Apartments

Belle Harbor Lofts

134 Main StRacine, WI 53403
  • Utilities Included

Downtown Racine, Racine, WI Local Guide

Cheapest Available Downtown Racine Apartments for Rent

 

The cheapest available apartment rental in the Downtown Racine area of Racine, WI is a 1 Bed unit found at 831-833 College Ave - 12 Family (ACE PROPERTY) priced from $795. 614 6th St. (12 Unit +2 Commercial) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Downtown Racine apartments for rent in Racine, WI:

Apartment ListingModel NameBed/BathPriced From
831-833 College Ave - 12 Family (ACE PROPERTY)1BR/1.0BA1BR,1BA$795
614 6th St. (12 Unit +2 Commercial)1BR/1.0BA1BR,1BA$895
Riverbend CondominiumsStudioStudio,1BA$995
The Harbor at State and Main - 55+ CommunityTwo-Bedroom One-Bath2BR,1BA$1,024
Arcade Apartments1 Bed/ 1 Bath Affordable1BR,1BA$1,064

Best Value Apartments for Rent in Downtown Racine, WI

As of April 28, 2026 the best value apartment in the Downtown 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 Downtown Racine apartment is the Two-Bedroom One-Bath Model at The Harbor at State and Main - 55+ Community starting at $1,024 with a $0.85 price per square foot in the Mount Pleasant neighborhood. Here is today’s list of the best values for Downtown 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
The Harbor at State and Main - 55+ CommunityTwo-Bedroom One-Bath2BR,1BA$0.85
1822 N Main St, Unit Upper1822 N Main St1BR,1BA$1.00
Arcade Apartments1 Bed/ 1 Bath Affordable1BR,1BA$1.07
Breakwater 233B21BR,1BA$2.32
614 6th St. (12 Unit +2 Commercial)1BR/1.0BA1BR,1BA$1.49
Riverbend CondominiumsStudioStudio ,1BA$2.03
831-833 College Ave - 12 Family (ACE PROPERTY)1BR/1.0BA1BR,1BA$1.77

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Lifestyle Ratings

This website is proud to bring you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Wisconsin, including Racine. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, transit availability, pet-friendly communities, family-friendliness, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Racine Apartments

How much is rent for a Cheap One Bedroom Downtown Racine Apartment?

The lowest price for a Cheap One Bedroom Downtown Racine Apartment is $795 at 831-833 College Ave - 12 Family (ACE PROPERTY).

What is the lowest price for a Cheap Two Bedroom Downtown Racine Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Racine is starting from $1,024 at The Harbor at State and Main - 55+ Community.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.