Cheap Apartments for Rent in the Downtown Racine Neighborhood of Racine, WI from $400 (30 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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East Park Towers
1 to 3 Bedroom Apartments

East Park Towers

111 11th StRacine, WI 53403

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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1540-1544 Park Ave
2 to 3 Bedroom Apartments

1540-1544 Park Ave

1540-1544 Park AveRacine, WI 53403
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512 8th St
1 Bedroom Apartments

512 8th St

512 8th StRacine, WI 53403
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909 College Ave
1 to 2 Bedroom Apartments

909 College Ave

909 College AveRacine, WI 53403
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311 11th St
2 Bedroom Apartments

311 11th St

311 11th StRacine, WI 53403
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1045 Grand Ave
Studio Apartments

1045 Grand Ave

1045 Grand AveRacine, WI 53403

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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AJAX II
1 to 2 Bedroom Apartments

AJAX II

1520-1536 Clark StRacine, WI 53403
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Wilmanor Apartments
Studio to 2 Bedroom Apartments

Wilmanor Apartments

255 N Memorial DrRacine, WI 53404
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Mitchell Wagon Lofts
1 to 3 Bedroom Apartments

Mitchell Wagon Lofts

815 8th StRacine, WI 53403
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Belle Harbor Lofts
1 to 3 Bedroom Apartments

Belle Harbor Lofts

134 Main StRacine, WI 53403
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Arcade Apartments
1 to 2 Bedroom Apartments

Arcade Apartments

413 Main StRacine, WI 53403
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Parkview Manor
Studio to 2 Bedroom Apartments

Parkview Manor

2200 Washington AveRacine, WI 53405
Corporate Housing
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Lincoln School
1 to 2 Bedroom Apartments

Lincoln School

1800 Northwestern AveRacine, WI 53404
Senior Living

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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RIVERVIEW MANOR
1 to 2 Bedroom Apartments

RIVERVIEW MANOR

1403 W 6th StRacine, WI 53404
Senior Living
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Main Street Apartments
Studio to 1 Bedroom Apartments

Main Street Apartments

826 Main StRacine, WI 53403
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Washington Highlands
Studio to 1 Bedroom Apartments

Washington Highlands

2214 Washington AveRacine, WI 53405
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College Avenue
1 Bedroom Apartments

College Avenue

1125 College AveRacine, WI 53403
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Bull Manor Apartments
1 to 4 Bedroom Apartments

Bull Manor Apartments

1130 Main StRacine, WI 53403
  • Utilities Included

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.

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Proost
Studio to 2 Bedroom Apartments

Proost

610 College AveRacine, WI 53403
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Showing Results 1-30, Page 1 of 1

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 Studio unit found at 2117 Slauson Ave - (6 unit) priced from $475. 831 College Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Downtown Racine apartments for rent in Racine, WI:

Apartment ListingModel NameBed/BathPriced From
2117 Slauson Ave - (6 unit)0BR/1.0BAStudio,1BA$475
831 College Ave1BR/1.0BA1BR,1BA$850
614 6th St. (12 Unit +2 Commercial)1BR/1.0BA1BR,1BA$895
825 Wisconsin Ave - 6 Unit2BR/1.0BA2BR,1BA$895
The Harbor at State and Main - 55+ CommunityTwo-Bedroom One-Bath2BR,1BA$1,024
Breakwater 233A1Studio,1BA$1,240
Riverbend Condominiums2B2B2BR,2BA$1,895

Best Value Apartments for Rent in Downtown Racine, WI

As of August 03, 2026 the best value apartment in the Downtown Racine area is the $1.10 price per square foot 2B2B Model at Riverbend Condominiums in the in the Mount Pleasant neighborhood starting from $1,895. 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.
Riverbend Condominiums2B2B2BR,2BA$1.10
The Harbor at State and Main - 55+ CommunityTwo-Bedroom One-Bath2BR,1BA$0.85
614 6th St. (12 Unit +2 Commercial)1BR/1.0BA1BR,1BA$1.49
825 Wisconsin Ave - 6 Unit2BR/1.0BA2BR,1BA$1.51
Breakwater 233A1Studio ,1BA$2.58
831 College Ave1BR/1.0BA1BR,1BA$1.89

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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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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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 831 College Ave which is listed at $850, while the average apartment in Downtown Racine costs $1,585.

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 1 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.