
Cheap Apartments for Rent in the Downtown Racine Neighborhood of Racine, WI from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Racine area of Racine.


506 7th St

1515 Taylor Ave

Park Lane Apartments
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.

1644 Charles St
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.

1024 Hagerer St

823 Yout St
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.

1213 Superior St
Downtown Racine, Racine, WI Local Guide

How much does it cost to rent an apartment in Downtown Racine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Racine Studio Apartments | $1,415 | $690 | $2,065 |
| Downtown Racine 1 Bedroom Apartments | $1,490 | $825 | $2,000 |
| Downtown Racine 2 Bedroom Apartments | $1,539 | $822 | $2,010 |
| Downtown Racine 3 Bedroom Apartments | $1,486 | $1,050 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Downtown Racine Neighborhood of Racine, WI.
See all Apartments in RacineExplore Racine
Downtown Racine, Racine, WI Local Guide
- Nearby Racine neighborhoods
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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 $845. Here are the most affordable Downtown Racine apartments for rent in Racine, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln School | 1 | 1BR,1BA | $790 |
| 831-833 College Ave - 12 Family (ACE PROPERTY) | 1BR/1.0BA | 1BR,1BA | $845 |
| 614 6th St. (12 Unit +2 Commercial) | 1BR/1.0BA | 1BR,1BA | $895 |
| The Harbor at State and Main - 55+ Community | Two-Bedroom One-Bath | 2BR,1BA | $1,024 |
| Arcade Apartments | 1 Bed/ 1 Bath Affordable | 1BR,1BA | $1,064 |
Best Value Apartments for Rent in Downtown Racine, WI
As of December 15, 2025 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 $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 Downtown 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 | $1.09 |
| Riverbend Condominiums | Units 216,316,416 | 2BR,2BA | $1.15 |
| 1210 Erie St, Unit 2B | 1210 Erie St | 3BR,1BA | $0.81 |
| The Harbor at State and Main - 55+ Community | Two-Bedroom One-Bath | 2BR,1BA | $0.85 |
| Arcade Apartments | 1 Bed/ 1 Bath Affordable | 1BR,1BA | $1.07 |
| Breakwater 233 | B2 | 1BR,1BA | $2.25 |
| Lincoln School | 1 | 1BR,1BA | $1.22 |
| 614 6th St. (12 Unit +2 Commercial) | 1BR/1.0BA | 1BR,1BA | $1.49 |
| 831-833 College Ave - 12 Family (ACE PROPERTY) | 1BR/1.0BA | 1BR,1BA | $1.88 |
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 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.
Pet Friendly LifestyleDowntown Racine, Racine, WI
Ranked #3
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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!
Getting Around the Downtown Racine Neighborhood in Racine, WI
Walk Score®
80 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
47 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,802.
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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.







