Cheap Apartments for Rent in the Downtown Racine Neighborhood of Racine, WI from $600 (16 Rentals)

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

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Wilmanor Apartments
Studio to 2 Bedroom Apartments

Wilmanor Apartments

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

Lincoln School

1800 Northwestern AveRacine, WI 53404
Senior Living

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RIVERVIEW MANOR
1 to 2 Bedroom Apartments

RIVERVIEW MANOR

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

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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 Lincoln School priced from $790. 831-833 College Ave - 12 Family (ACE PROPERTY) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Downtown Racine apartments for rent in Racine, WI:

Apartment ListingModel NameBed/BathPriced From
Lincoln School11BR,1BA$790
831-833 College Ave - 12 Family (ACE PROPERTY)1BR/1.0BA1BR,1BA$795
614 6th St. (12 Unit +2 Commercial)1BR/1.0BA1BR,1BA$845
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 January 26, 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 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 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
403 Main St, Unit 2A403 Main St3BR,2BA$1.04
Riverbend CondominiumsUnits 216,316,4162BR,2BA$1.15
1210 Erie St, Unit 2B1210 Erie St3BR,1BA$0.96
The Harbor at State and Main - 55+ CommunityTwo-Bedroom One-Bath2BR,1BA$0.85
1910 Lasalle St, Unit 1910 LaSalle st1910 Lasalle St3BR,1BA$1.45
Arcade Apartments1 Bed/ 1 Bath Affordable1BR,1BA$1.07
Lincoln School11BR,1BA$1.22
914 Wisconsin Ave, Unit 2914 Wisconsin Ave1BR,1BA$1.15
614 6th St. (12 Unit +2 Commercial)1BR/1.0BA1BR,1BA$1.41

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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

What is the price of a cheap apartment in Downtown Racine?

The cheapest apartment in Downtown Racine is Lincoln School which is listed at $790, while the average apartment in Downtown Racine costs $1,835.

What types of apartments are the cheapest in Downtown 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 4 regular apartments in Downtown Racine that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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.

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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.