Cheap Apartments for Rent in Racine, MN from $500 (25 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
1816 34th St NW
$7501 Bedroom, 1 Bath RentalsAvailable Now

1816 34th St NW

Rochester, MN 55901
View Details
close
View Me
121 Main St S
$925Studio, 1 Bath RentalsAvailable Now

121 Main St S

Grand Meadow, MN 55936
View Details
Showing Results 1-25, Page 1 of 1

Racine, MN Local Guide

Cheapest Available Racine Apartments for Rent and Nearby

 

The cheapest available apartment rental in Racine, MN is a Studio unit found at Hillside Apartments in the Meadow Park neighborhood priced from $860. The Colby in the Historic Southwest neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Racine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillside ApartmentsStudioStudio,1BA$860
The Colby1bd/1ba1BR,1BA$995
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1,075
The IdaUnfurnished 1B1B1BR,1BA$1,150
EastGate ApartmentsS1-60Studio,1BA$1,166

Best Value Apartments for Rent in Racine, MN and Nearby

As of February 20, 2025 the best value apartment in the Racine area is the $1.68 price per square foot 3 Bed, 2.5 Bath Model at Falcon Heights Townhomes in the in the East Rochester neighborhood starting from $2,350. The second greatest value Racine apartment is the Wright Model at The Vista at South Broadway starting at $2,058 with a $1.54 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 Townhomes3 Bed, 2.5 Bath3BR,2.5BA$1.68
The Vista at South BroadwayWright3BR,2BA$1.54
Preserve on MaineZumbrota2BR,2BA$1.97
Cottage Grove at St. Mary's TownhomesMaple2BR,2BA$2.00
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.30
The Boulders1A1BR,1BA$1.86
Red44Horizon1BR,1BA$2.03
Eastwood RidgeSparrow1BR,1BA$2.02
The IdaUnfurnished 1B1B1BR,1BA$1.77
The Colby1bd/1ba1BR,1BA$1.66

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

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

Explore Racine, MN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Racine, MN

View MapRacine, MN Apartments MapView MapRacine, MN Rental Homes Map

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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $995 at The Colby.

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 318 Commons and starts from $1,725.

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

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.

decorative image for What to Know About Fees and Fines When Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.