
Cheap Homes for Rent in Racine, WI from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Racine.


2216 Harriet St

815 11th St

1000 Hagerer St

4219 7th Ave

3727 E Squire Ave
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.

1917 61st St

6875 Kathleen Ct

1455-1465-1465 Sheridan Rd

534 Greenfield Rd

3754 E Allerton Ave

3904 Sunset Square
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.
Racine, WI Local Guide

How much does it cost to rent a home in Racine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Racine 2 Bedroom Homes for Rent | $1,428 | $1,050 | $2,000 |
| Racine 3 Bedroom Homes for Rent | $1,988 | $1,175 | $2,950 |
| Racine 4 Bedroom Homes for Rent | $2,749 | $1,675 | $3,495 |
| Racine 5 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Top Homes for Rent in Racine
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Racine, WI Local Guide
- Racine Neighborhoods
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Cheapest Neighborhoods for Apartments in Racine, WI
Pricing Updated: 05/21/2026Current apartment rentals in the Racine, WI area range in price from $600 to $3,871 with an overall median price of $1,971. The three Racine neighborhoods with the lowest median rent pricing are Caledonia at $885, Wind Point at $765, and Uptown Racine at $600. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Racine Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Caledonia | $1,510 | $885 | 11 |
| Wind Point | $1,510 | $765 | 11 |
| Uptown Racine | $1,555 | $600 | 84 |
| Downtown Racine | $2,300 | $600 | 45 |
| Mount Pleasant | $2,360 | $600 | 112 |
| Sturtevant | $2,595 | $780 | 47 |
Cheapest Available Racine Apartments for Rent
 The cheapest available apartment rental in Racine, WI is a 1 Bed unit found at Lincoln Manor in the The Regent neighborhood priced from $780. 920-924 Romayne - 5 unit (ACE Property) in the Caledonia neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Racine apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Manor | The Aspen | 1BR,1BA | $780 |
| 920-924 Romayne - 5 unit (ACE Property) | 1BR/1.0BA | 1BR,1BA | $795 |
| 831-833 College Ave - 12 Family (ACE PROPERTY) | 1BR/1.0BA | 1BR,1BA | $845 |
| Douglas Terrace Apartments | Studio | Studio,1BA | $885 |
| Georgetown Square | 1 bedroom | 1BR,1BA | $889 |
Best Value Apartments for Rent in Racine, WI
As of May 21, 2026 the best value apartment in the 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 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 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 |
| Lighthouse Point Townhomes | 3x1.5 1057-1100 | 3BR,1.5BA | $1.43 |
| The Parkview Senior Apartments- 55+ Community | Two Bedroom/1 Bath | 2BR,1BA | $1.49 |
| Arcade Apartments | 1 Bed/ 1 Bath Affordable | 1BR,1BA | $1.07 |
| Arabella | 2 Bed 1 Bath | 2BR,1BA | $1.26 |
| 1912 Mead St, Unit 1912 Mead St | 1912 Mead St | 2BR,1BA | $1.26 |
| 1920 Lathrop Ave. (16 Unit) | 1BR/1.0BA | 1BR,1BA | $1.22 |
| 614 6th St. (12 Unit +2 Commercial) | 1BR/1.0BA | 1BR,1BA | $1.49 |
| Lincoln Manor | The Aspen | 1BR,1BA | $1.49 |
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 ArticleReal 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.
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.
Racine, WIPopulation: 77,432
Ranked #449
in US Census Population by City
Best Local Schools in Racine, WI
Jefferson Lighthouse Elementary
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Racine, WI Rentals by Map
See the most popular apartments and homes in Racine, WI
Frequently Asked Questions about Racine
What type of rentals are currently available in Racine?
There are currently 328 Apartments for Rent in Racine, WI with pricing that ranges from $600 to $3,871. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Racine ranging from $1,050 to $3,495.
What is the current price range for Rental Homes in Racine?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Racine ranges from $1,050 to $3,495 with an average monthly rent of $2,003.
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.
Helpful Local Expert Guides

Finding The Best Affordable Milwaukee Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.

The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, many of the Milwaukee neighborhoods profiled here have been home to friends and family.

A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, Milwaukee's neighborhoods have been home to friends and family for years.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.