
Cheap Apartments for Rent in Racine, MN from $700 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Racine.


Hillside Apartments

Meadow Park Apartments

Cottages of Stewartville

Homestead Village Townhomes

EastGate Apartments

5th on 5th Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

The Ida

The Manor at Med City

Flats 55

TwentyFirst Ave

The Vista at South Broadway

501 on First

318 Commons

The Rosewater

Flats on 4th
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Eastwood Ridge

SoRoc On Maine

Residence at Discovery Square

Red44

1201 1st St SW

515 1/2 8th St SW

28 6th Ave SE

411 3rd Ln NE

121 Main St S
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1207 8th Ave SE

6134 S Pointe Dr SW
Racine, MN Local Guide

How much does it cost to rent an apartment in Racine?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Racine Studio Apartments | $1,529 | $745 | $3,777 |
Racine 1 Bedroom Apartments | $1,662 | $775 | $4,893 |
Racine 2 Bedroom Apartments | $2,152 | $1,000 | $7,742 |
Racine 3 Bedroom Apartments | $2,326 | $1,200 | $5,000 |
Racine 4 Bedroom Apartments | $1,925 | $1,900 | $1,950 |
Browse Top Apartments in Racine
See all Apartments in RacineExplore Racine
Racine, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Racine Apartments for Rent and Nearby
 The cheapest available apartment rental in Racine, MN is a Studio unit found at DM Communities - Rochester in the Meadow Park neighborhood priced from $745. Hillside Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $870. Here is today’s list of the most affordable Racine apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
DM Communities - Rochester | 219 Studios | Studio,1BA | $745 |
Hillside Apartments | Studio | Studio,1BA | $870 |
Meadow Park Apartments | One Bedroom | 1BR,1BA | $900 |
The Colby | 1bd/1ba | 1BR,1BA | $995 |
Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,075 |
EastGate Apartments | A1-50 | 1BR,1BA | $1,096 |
The Manor at Med City | 1 Bedroom - Deluxe | 1BR,1BA | $1,225 |
The HUE | Azure | Studio,1BA | $1,295 |
The Rosewater | Sedge | 1BR,1BA | $1,362 |
Eastwood Ridge | Osprey | 1BR,1BA | $1,388 |
Best Value Apartments for Rent in Racine, MN and Nearby
As of May 14, 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 Hayes Model at The Vista at South Broadway starting at $1,746 with a $1.47 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Falcon Heights Townhomes | 2 Bed, 2.5 Bath, Plus Den | 2BR,2.5BA | $1.57 |
The Vista at South Broadway | Hayes | 2BR,2BA | $1.47 |
Homestead Village Townhomes | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.38 |
Cottage Grove at St. Mary's Townhomes | Live Oak | 2BR,1BA | $1.89 |
318 Commons | 2BR/1.0BA | 2BR,1BA | $1.87 |
EastGate Apartments | A1-70 | 1BR,1BA | $1.89 |
Hillside Apartments | Two Bedroom/Two Bath | 2BR,2BA | $1.94 |
DM Communities - Rochester | 219 Studios | Studio ,1BA | $1.24 |
The Colby | 1bd/1ba | 1BR,1BA | $1.66 |
Meadow Park Apartments | One Bedroom | 1BR,1BA | $1.56 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Racine, MN Rentals by Map
See the most popular apartments and homes in Racine, MN
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 DM Communities - Rochester listed at $745.
How much is rent for a Cheap One Bedroom Racine Apartment?
The lowest price for a Cheap One Bedroom Racine Apartment is $900 at Meadow Park Apartments.
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 $1,000 at Meadow Park Apartments.
What is the most affordable Racine Three Bedroom Apartment?
The best deal on a cheap Racine Three Bedroom Apartment rental is at Meadow Park Apartments and starts from $1,200.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.