Cheap Homes for Rent in Downtown Racine Neighborhood of Racine, WI from $900 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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 Park Lane Apartments priced from $780. Parkview Manor has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Downtown Racine apartments for rent in Racine, WI:

Apartment ListingModel NameBed/BathPriced From
Park Lane ApartmentsEfficiencyStudio,1BA$780
Parkview ManorStudioStudio,1BA$800
Arcade Apartments1 Bed/ 1 Bath Affordable1BR,1BA$1,018

Best Value Apartments for Rent in Downtown Racine, WI

As of September 19, 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 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
1201 Dr Martin Luther King Dr, Unit Upper1201 Dr Martin Luther King Dr3BR,1BA$0.92
Arcade Apartments1 Bed/ 1 Bath Affordable1BR,1BA$1.02
1715 N Main St, Unit Upper1715 N Main St2BR,1BA$1.22
Breakwater 233B11BR,1BA$2.25
2016 Charles St, Unit 2016 Charles Upper2016 Charles St2BR,1BA$1.75
Parkview ManorStudioStudio ,1BA$2.00
Park Lane ApartmentsEfficiencyStudio ,1BA$1.95

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

Pet Friendly Lifestyle
Downtown Racine, Racine, WI

Ranked #5

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Downtown Racine

What type of rentals are currently available in Downtown Racine?

There are currently 85 Apartments for Rent in Downtown Racine, WI with pricing that ranges from $650 to $2,065. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Racine ranging from $950 to $2,375.

What is the current price range for Rental Homes in Downtown Racine?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Racine ranges from $950 to $2,375 with an average monthly rent of $1,537.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.