Cheap Apartments for Rent in Racine, MN from $500 (21 Rentals)

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The Ida
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from $1,1501 Bedroom Apartments Available Now

The Ida

1226-1232 4th Ave SWRochester, MN 55902
Furnished
  • Verified
  • Utilities Included
  • Smoke Free

Racine, MN Local Guide

Cheapest Available Racine Apartments for Rent and Nearby

 

The cheapest available apartment rental in Racine, MN is a 1 Bed unit found at DM Communities - Rochester in the Meadow Park neighborhood priced from $550. The Colby in the Historic Southwest neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Racine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
DM Communities - Rochester219 Apartments1BR,1BA$550
The Colby1bd/1ba1BR,1BA$850
Hillside ApartmentsStudioStudio,1BA$860
The Beacon ApartmentsStudioStudio,1BA$975
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1,075

Best Value Apartments for Rent in Racine, MN and Nearby

As of March 22, 2025 the best value apartment in the Racine area is the $1.57 price per square foot 2 Bed, 2.5 Bath Plus Den Model at Falcon Heights Townhomes in the in the East Rochester neighborhood starting from $2,200. The second greatest value Racine apartment is the Zumbrota Model at Preserve on Maine starting at $2,510 with a $1.91 price per square foot in the Forest Knoll Heritage 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.
Falcon Heights Townhomes2 Bed, 2.5 Bath Plus Den2BR,2.5BA$1.57
Preserve on MaineZumbrota2BR,2BA$1.91
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.30
318 Commons2BR/1.0BA2BR,1BA$1.94
The Vista at South BroadwayFelix1BR,1BA$2.06
The Boulders1A1BR,1BA$2.06
DM Communities - RochesterUptown Court Apartment1BR,1BA$1.13
Eastwood RidgeSparrow1BR,1BA$2.14
The IdaUnfurnished 1B1B1BR,1BA$1.77
The Colby1bd/1ba1BR,1BA$1.42

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Explore Racine, MN Rentals by Map

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Getting Around Racine, MN

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Racine Apartments

What is the Cheapest Studio apartment in Racine?

Currently the most affordable Cheap Studio Apartment in Racine is at Hillside Apartments listed at $860.

How much is rent for a Cheap One Bedroom Racine Apartment?

The lowest price for a Cheap One Bedroom Racine Apartment is $550 at DM Communities - Rochester.

What is the lowest price for a Cheap Two Bedroom Racine Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Racine is starting from $1,075 at Homestead Village Townhomes.

What is the most affordable Racine Three Bedroom Apartment?

The best deal on a cheap Racine Three Bedroom Apartment rental is at Homestead Village Townhomes and starts from $1,275.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.