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Rental Market Trends in Racine, WI

What is the average rent in Racine, WI?

$1,018/month

Average Rent

646 Sq Ft

Average Apartment Size

+1.5%

Increase in the Last Year

As of April 2026, the average rent in Racine, WI is $1,018 per month. This is 38% lower than the national average rent of $1,641/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 $761 per month for a studio, $1,018 for a one-bedroom apartment, and around $1,104 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,388 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$761/month
378 Sq Ft
One Bedroom
$1,018/month
646 Sq Ft
Two Bedroom
$1,104/month
918 Sq Ft
Three Bedroom
$1,388/month
1,152 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,692/month
801 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 1.5%, which averages out to $16 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Racine, WI
Last Updated April 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Racine, WI
Percentage*
Rent Range
24% Below $700/month
39% $700 - $1,000/month
33% $1,001 - $1,500/month
3% $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, Caledonia, Mount Pleasant and Downtown Racine are the most affordable neighborhoods in Racine.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Caledonia
$1,038/month
616 Sq Ft
Mount Pleasant
$1,440/month
761 Sq Ft
Downtown Racine
$1,483/month
711 Sq Ft
Sturtevant
$1,743/month
835 Sq Ft

What are the most expensive neighborhoods in Racine?

Based on current rent prices, Sturtevant, Downtown Racine and Mount Pleasant are the most expensive neighborhoods in Racine.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sturtevant
$1,743/month
835 Sq Ft
Downtown Racine
$1,483/month
711 Sq Ft
Mount Pleasant
$1,440/month
761 Sq Ft
Caledonia
$1,038/month
616 Sq Ft

Which Racine neighborhoods have the most rentals available?

The neighborhoods in Racine with the most apartments available are Sturtevant, Downtown Racine and Mount Pleasant .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sturtevant
$1,743/month
835 Sq Ft
Downtown Racine
$1,483/month
711 Sq Ft
Mount Pleasant
$1,440/month
761 Sq Ft
Caledonia
$1,038/month
616 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 $1,018, you’ll want to make about $3,393 per month or $40,716 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

370 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

Caledonia

Racine, WI

Sturtevant

Racine, WI

Studio
$742/month
$1,318/month
One Bedroom
$1,083/month
$1,325/month
Two Bedroom
$1,154/month
$1,335/month
Three Bedroom
$1,322/month
$1,929/month
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Nearby City Rent Trends

  • Mount Pleasant Average Rent
  • Sturtevant 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

$735 - $1,160

Studio - 2 Beds

The William

The William

2200 Northwestern Ave,
Racine, WI 53404

$1,125 - $1,825

Studio - 3 Beds

Breakwater 233

Breakwater 233

233 Lake Ave,
Racine, WI 53403

$1,340 - $2,460

Studio - 3 Beds

The Avenues

The Avenues

2222 Northwestern Ave,
Racine, WI 53404

$1,195 - $2,175

1-3 Beds

Property Management Companies in Racine, WI

Gorman & Company
Gorman & Company
  • 38

    Communities

  • 3,347

    Units

  • 18

    Cities

3 Communities in Racine
The Michaels Organization
The Michaels Organization
  • 80

    Communities

  • 12,820

    Units

  • 66

    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
  • 163

    Communities

  • 33,452

    Units

  • 93

    Cities

1 Community in Racine
Oakbrook Corporation
Oakbrook Corporation
  • 55

    Communities

  • 5,303

    Units

  • 31

    Cities

1 Community in Racine
Fiduciary Real Estate Development
Fiduciary Real Estate Development
  • 37

    Communities

  • 8,891

    Units

  • 23

    Cities

1 Community in Racine
Ludwig and Company
Ludwig and Company
  • 28

    Communities

  • 3,546

    Units

  • 23

    Cities

1 Community in Racine
Gene B. Glick Company
Gene B. Glick Company
  • 39

    Communities

  • 9,570

    Units

  • 22

    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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity