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Rental Market Trends in Racine, WI

What is the average rent in Racine, WI?

$978/month

Average Rent

642 Sq Ft

Average Apartment Size

+1.9%

Increase in the Last Year

As of June 2025, the average rent in Racine, WI is $978 per month. This is 40% lower than the national average rent of $1,628/month, making renting in Racine more affordable than most cities in the US. When you rent an apartment in Racine, you can expect to pay about $745 per month for a studio, $978 for a one-bedroom apartment, and around $1,062 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,358 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$745/month
378 Sq Ft
One Bedroom
$978/month
642 Sq Ft
Two Bedroom
$1,062/month
914 Sq Ft
Three Bedroom
$1,358/month
1,135 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,157/month
515 Sq Ft
Three Bedroom
$2,042/month
1,081 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Racine, WI?

In the past year, rent has increased by 1.9%, which averages out to $19 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Racine, WI
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Racine, WI
Percentage*
Rent Range
33% Below $700/month
30% $700 - $1,000/month
34% $1,001 - $1,500/month
1% $1,501 - $2,000/month
1% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Racine?

Based on current rent prices, Rapids Drive, Oakwood Grove and Uptown Racine are the most affordable neighborhoods in Racine.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Rapids Drive
$866/month
555 Sq Ft
Oakwood Grove
$904/month
635 Sq Ft
Uptown Racine
$910/month
632 Sq Ft
Caledonia
$964/month
608 Sq Ft
Mount Pleasant
$1,349/month
719 Sq Ft
Downtown Racine
$1,485/month
716 Sq Ft
Old Main Street Historic District
$1,521/month
705 Sq Ft
Sturtevant
$1,731/month
830 Sq Ft

What are the most expensive neighborhoods in Racine?

Based on current rent prices, Sturtevant, Old Main Street Historic District and Downtown Racine are the most expensive neighborhoods in Racine.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sturtevant
$1,731/month
830 Sq Ft
Old Main Street Historic District
$1,521/month
705 Sq Ft
Downtown Racine
$1,485/month
716 Sq Ft
Mount Pleasant
$1,349/month
719 Sq Ft
Caledonia
$964/month
608 Sq Ft
Uptown Racine
$910/month
632 Sq Ft
Oakwood Grove
$904/month
635 Sq Ft
Rapids Drive
$866/month
555 Sq Ft

Which Racine neighborhoods have the most rentals available?

The neighborhoods in Racine with the most apartments available are Downtown Racine, Old Main Street Historic District and Mount Pleasant .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Racine
$1,485/month
716 Sq Ft
Old Main Street Historic District
$1,521/month
705 Sq Ft
Mount Pleasant
$1,349/month
719 Sq Ft
Sturtevant
$1,731/month
830 Sq Ft
Caledonia
$964/month
608 Sq Ft
Uptown Racine
$910/month
632 Sq Ft
Rapids Drive
$866/month
555 Sq Ft
Oakwood Grove
$904/month
635 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Racine, WI?

Because the average rent in Racine is $978, you’ll want to make about $3,260 per month or $39,120 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Racine, WI

498 Available Apartments for Rent

Search for Nearby Apartments

How does Racine, WI compare to other nearby cities and neighborhoods?

Use the tool below to compare Racine, WI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Racine, WI

Apartment Averages

Rapids Drive

Racine, WI

Sturtevant

Racine, WI

Studio
-
$1,279/month
One Bedroom
-
$1,209/month
Two Bedroom
-
$1,155/month
Three Bedroom
-
$1,761/month
Search
Search

Nearby City Rent Trends

  • Mount Pleasant Average Rent
  • Kenosha Average Rent
  • Oak Creek Average Rent

Apartment communities in Racine we think you'll love

The Maples

The Maples

2432 Anthony Ln,
Racine, WI 53404

Studio - 2 Beds | $645 - $1,145

Breakwater 233

Breakwater 233

233 Lake Ave,
Racine, WI 53403

Studio - 3 Beds | $1,240 - $2,370

Seasons at Mount Pleasant

Seasons at Mount Pleasant

4301 Yates Dr,
Mount Pleasant, WI 53403

Studio - 3 Beds | $1,345 - $5,525

Courtyard at Cobblestone Park

Courtyard at Cobblestone Park

8419 Corliss Ave,
Sturtevant, WI 53177

Studio - 3 Beds | $1,255 - $2,515

Property Management Companies in Racine, WI

Gorman & Company
Gorman & Company
  • 36

    Communities

  • 3,199

    Units

  • 18

    Cities

3 Communities in Racine
The Michaels Organization
The Michaels Organization
  • 70

    Communities

  • 12,165

    Units

  • 62

    Cities

2 Communities in Racine
Prairie Management & Development, Inc.
Prairie Management & Development, Inc.
  • 16

    Communities

  • 3,418

    Units

  • 9

    Cities

2 Communities in Racine
Village Green
Village Green
  • 175

    Communities

  • 37,451

    Units

  • 103

    Cities

1 Community in Racine
Oakbrook Corporation
Oakbrook Corporation
  • 51

    Communities

  • 4,965

    Units

  • 31

    Cities

1 Community in Racine
Gene B. Glick Company
Gene B. Glick Company
  • 35

    Communities

  • 8,681

    Units

  • 21

    Cities

1 Community in Racine
Fiduciary Real Estate Development
Fiduciary Real Estate Development
  • 35

    Communities

  • 8,281

    Units

  • 21

    Cities

1 Community in Racine
Integrity Investments, Inc.
Integrity Investments, Inc.
  • 20

    Communities

  • 1,381

    Units

  • 19

    Cities

1 Community in Racine

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United States Wisconsin Racine Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity