
Cheap Homes for Rent in Racine, WI from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Racine.


823 Yout St

1024 Hagerer St

1213 Superior St
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.

512 Montana Ave

2411 61st St

815 16th Pl

1514 West St

1465 Sheridan Rd
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.
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 | $1,332 | $850 | $1,995 |
| Racine 3 Bedroom Homes for Rent | $2,142 | $1,150 | $4,950 |
| Racine 4 Bedroom Homes for Rent | $2,023 | $1,545 | $2,350 |
| Racine 5 Bedroom Homes for Rent | $2,162 | $1,825 | $2,500 |
Browse Top Homes for Rent in Racine
Explore Racine
Racine, WI Local Guide
- Racine Neighborhoods
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Cheapest Neighborhoods for Apartments in Racine, WI
Pricing Updated: 12/23/2025Current apartment rentals in the Racine, WI area range in price from $133 to $5,995 with an overall median price of $3,236. The three Racine neighborhoods with the lowest median rent pricing are Wind Point at $745, Uptown Racine at $133, and Downtown Racine at $822. 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 |
|---|---|---|---|
| Wind Point | $1,550 | $745 | 16 |
| Uptown Racine | $1,575 | $133 | 127 |
| Downtown Racine | $1,802 | $822 | 63 |
| Sturtevant | $2,499 | $889 | 60 |
| Caledonia | $5,995 | $940 | 15 |
| Mount Pleasant | $5,995 | $133 | 209 |
Cheapest Available Racine Apartments for Rent
 The cheapest available apartment rental in Racine, WI is a 1 Bed unit found at Arabella in the Mount Pleasant neighborhood priced from $751. Lincoln School in the Mount Pleasant neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $790. Here is today’s list of the most affordable Racine apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arabella | 1 Bed 1 Bath | 1BR,1BA | $751 |
| Lincoln School | 1 | 1BR,1BA | $790 |
| 920-924 Romayne - 5 unit (ACE Property) | 1BR/1.0BA | 1BR,1BA | $795 |
Best Value Apartments for Rent in Racine, WI
As of December 23, 2025 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 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 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 |
| Arabella | 1 Bed 1 Bath | 1BR,1BA | $0.75 |
| 2112 Clarence Ave, Unit Upper | 2112 Clarence Ave | 2BR,1BA | $0.95 |
| Arcade Apartments | 1 Bed/ 1 Bath Affordable | 1BR,1BA | $1.07 |
| Indian Hills Apartments | Standard Two Bedroom One Bath | 2BR,1BA | $1.24 |
| Lincoln School | 1 | 1BR,1BA | $1.22 |
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.
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 348 Apartments for Rent in Racine, WI with pricing that ranges from $133 to $5,995. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Racine ranging from $595 to $4,950.
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 $595 to $4,950 with an average monthly rent of $1,579.
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

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.

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!
