Cheap Homes for Rent in Racine, WI from $800 (8 Rentals)

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

property at 1048 Villa St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

Studio, 1 Bath Home for Rent

Available Now

1048 Villa St

RacineWI53403

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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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

Cheapest Neighborhoods for Apartments in Racine, WI

Pricing Updated: 07/07/2026

Current apartment rentals in the Racine, WI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Racine Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Uptown Racine$1,795$1,4502
Mount Pleasant$1,860$8758
Downtown Racine$2,095$8753
Sturtevant$2,295$1,6502

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. Gold Medal Lofts in the Mount Pleasant neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Racine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lincoln ManorThe Aspen1BR,1BA$780
Gold Medal Lofts1 Bed 1 Bath1BR,1BA$875
1920 Lathrop Ave. (16 Unit)1BR/1.0BA1BR,1BA$875

Best Value Apartments for Rent in Racine, WI

As of July 07, 2026 the best value apartment in the 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 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 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
Lighthouse Point Townhomes3x1.5 1057-11003BR,1.5BA$1.43
The Parkview Senior Apartments- 55+ CommunityTwo Bedroom/1 Bath2BR,1BA$1.49
1206 Center St, Unit Upper1206 Center St3BR,1BA$1.38
Graceland Gardens Apartment Homes2BR2BR,1.5BA$1.24
1920 Lathrop Ave. (16 Unit)1BR/1.0BA1BR,1BA$1.09
Gold Medal Lofts1 Bed 1 Bath1BR,1BA$1.10
614 6th St1BR/1.0BA1BR,1BA$1.49
Lincoln ManorThe Aspen1BR,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.

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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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Racine, WI
Population: 77,432

Ranked #449

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Racine

What type of rentals are currently available in Racine?

There are currently 336 Apartments for Rent in Racine, WI with pricing that ranges from $735 to $3,556. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Racine ranging from $875 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 $875 to $3,495 with an average monthly rent of $1,625.

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

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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.

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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.

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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.

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An Insiders Guide to Apartment Living Near Milwaukee's Four Employer Clusters

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Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.

Articles, How-To's, and Tips

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

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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.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.