Cheap Apartments for Rent in Racine, WI from $400 (54 Rentals)

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

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Pleasant Apartments
Studio to 2 Bedroom Apartments

Pleasant Apartments

2800 Mt Pleasant StRacine, WI 53404
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5107 Byrd Ave
1 Bedroom Apartments

5107 Byrd Ave

5107 Byrd AveRacine, WI 53406
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Twin Manor
2 Bedroom Apartments

Twin Manor

2400-2420 Northwestern AveRacine, WI 53404
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Wilmanor Apartments
Studio to 2 Bedroom Apartments

Wilmanor Apartments

255 N Memorial DrRacine, WI 53404
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Greenbriar Apartments
2 Bedroom Apartments

Greenbriar Apartments

1445-1455 S Emmertsen RdRacine, WI 53406
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Racine Apartments
2 Bedroom Apartments

Racine Apartments

645 S Green Bay RdRacine, WI 53406
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Allegro Apartments
1 to 2 Bedroom Apartments

Allegro Apartments

4035 Erie StRacine, WI 53402
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Column Apartments
1 to 2 Bedroom Apartments

Column Apartments

2225 Layard AveRacine, WI 53404
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4330 Kennedy Dr
2 Bedroom Apartments

4330 Kennedy Dr

4330 Kennedy DrRacine, WI 53404
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RIVERVIEW MANOR
1 Bedroom Apartments

RIVERVIEW MANOR

1403 W 6th StRacine, WI 53404
Senior Living
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Bell Pointe
1 to 2 Bedroom Apartments

Bell Pointe

4311 Durand AveRacine, WI 53405
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Villa Maria
1 to 2 Bedroom Apartments

Villa Maria

2745 N Fancher RdRacine, WI 53406
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Racine, WI Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Racine, WI

Pricing Updated: 04/17/2025

Current apartment rentals in the Racine, WI area range in price from $609 to $6,285 with an overall median price of $1,790. The three Racine neighborhoods with the lowest median rent pricing are Caledonia at $935, Wind Point at $740, and Uptown Racine at $800. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Racine Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Caledonia$1,320$9359
Wind Point$1,400$74016
Uptown Racine$1,505$80018
Downtown Racine$1,525$740133
Mount Pleasant$2,487$609211
Sturtevant$2,505$60965

Cheapest Available Racine Apartments for Rent

 

The cheapest available apartment rental in Racine, WI is a 1 Bed unit found at Oakview Manor in the The Regent neighborhood priced from $609. The Maples in the Mount Pleasant neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here is today’s list of the most affordable Racine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oakview ManorOne Bedroom1BR,1BA$609
The MaplesA3Studio,1BA$735
2200 Washington Ave. Racine, WI 53405StudioStudio,1BA$800
Mitchell Wagon Lofts2 Bed/1 Bath Affordable2BR,1BA$822
Georgetown SquareStudio-remodeled w/w&dStudio,1BA$879
Graceland Garden Apartment Homes1 Bedroom1BR,1BA$949
Graceland ArmsOne Bedroom1BR,1BA$979
The Concord Apartments1 bedroom 1 bath1BR,1BA$1,000

Best Value Apartments for Rent in Racine, WI

As of April 17, 2025 the best value apartment in the Racine area is the $0.85 price per square foot 1 Bedroom Affordable Model at Mitchell Wagon Lofts in the in the Mount Pleasant neighborhood starting from $1,009. The second greatest value Racine apartment is the Original 2 Bed/1 Bath Model at Park Lane Apartments starting at $1,095 with a $1.00 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.
Mitchell Wagon Lofts1 Bedroom Affordable1BR,1BA$0.85
Park Lane ApartmentsOriginal 2 Bed/1 Bath2BR,1BA$1.00
Lighthouse Point Townhomes3x1.5 1057-11003BR,1.5BA$1.32
Arcade Apartments2b1b Affordable2BR,1BA$1.18
1230 Cherry St, Unit Second Floor1230 Cherry St3BR,1BA$1.03
Central Park ApartmentsTwo Bed 1 Bath A2BR,1BA$1.16
224 Wilnette Spring Dr, Unit #224 Upper level apartmen224 Wilnette Spring Dr2BR,1BA$1.27
1715 N Main St, Unit Upper1715 N Main St2BR,1BA$1.11
Graceland Garden Apartment Homes1 Bedroom1BR,1BA$1.27
Oakview ManorOne Bedroom1BR,1BA$1.16

Quick Rent Budget Calculator

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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.

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Racine Overview

Located on the banks of the scenic Lake Michigan and just a short drive from the excitement of Milwaukee, Racine is a charming city wrapped in the natural splendor of the great state of Wisconsin. An industry-heavy blue collar destination, Racine effortlessly combines winning amenities with an intangible welcoming spirit, yielding an excellent mid-western spot to live, work and play.

Why live in Racine, WI?

From the scenic marina district to the long and proud history as a 'city of industry', Racine apartments make an excellent option for anyone eager to discover all that life in Wisconsin has to offer. Flush with an abundance of historical landmarks and quaint eateries, this slice of midwestern charm is brimming with an ambiance all its own.

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

Explore Racine, WI Rentals by Map

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

Getting Around Racine, WI

Walk Score®

57 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Transit Score®

31 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Racine Apartments

What is a cheap apartment in Racine?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Racine is under $1,000.

What is the price of a cheap apartment in Racine?

The cheapest apartment in Racine is Oakview Manor which is listed at $609, while the average apartment in Racine costs $1,790.

What types of apartments are the cheapest in Racine?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 26 regular apartments in Racine that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Racine?

Cheap apartments in Racine have an average cost of $388 which is $1,402 cheaper than the average rent for all rentals in Racine.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.