
Cheap Apartments for Rent in the Downtown Racine Neighborhood of Racine, WI from $600 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Racine area of Racine.


Mitchell Wagon Lofts

Riverbend Condominiums

Total Monthly Price
1822 N Main St, Unit Upper, Unit Upper

The Harbor at State and Main - 55+ Community

Arcade Apartments
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.

1605 Yout St

815 11th St

1210 Erie St

1801 N Wisconsin St

1746 Chatham St

Breakwater 233
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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.

1715 Albert St

Wilmanor Apartments

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

Lincoln School

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

RIVERVIEW MANOR
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Park Lane Apartments

Belle Harbor Lofts
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 | $1,466 | $995 | $2,065 |
| Downtown Racine 1 Bedroom Apartments | $1,518 | $1,000 | $1,650 |
| Downtown Racine 2 Bedroom Apartments | $1,517 | $822 | $1,995 |
| Downtown Racine 3 Bedroom Apartments | $1,724 | $1,150 | $2,460 |
Browse Apartments in this Neighborhood
There are currently 20 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
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 831-833 College Ave - 12 Family (ACE PROPERTY) | 1BR/1.0BA | 1BR,1BA | $795 |
| 614 6th St. (12 Unit +2 Commercial) | 1BR/1.0BA | 1BR,1BA | $895 |
| Riverbend Condominiums | Studio | Studio,1BA | $995 |
| 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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mitchell Wagon Lofts | 2 Bed/1 Bath Affordable | 2BR,1BA | $0.56 |
| The Harbor at State and Main - 55+ Community | Two-Bedroom One-Bath | 2BR,1BA | $0.85 |
| 1822 N Main St, Unit Upper | 1822 N Main St | 1BR,1BA | $1.00 |
| Arcade Apartments | 1 Bed/ 1 Bath Affordable | 1BR,1BA | $1.07 |
| Breakwater 233 | B2 | 1BR,1BA | $2.32 |
| 614 6th St. (12 Unit +2 Commercial) | 1BR/1.0BA | 1BR,1BA | $1.49 |
| Riverbend Condominiums | Studio | Studio ,1BA | $2.03 |
| 831-833 College Ave - 12 Family (ACE PROPERTY) | 1BR/1.0BA | 1BR,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.
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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.
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

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.

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.

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.

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.