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Rental Market Trends in Racine, WI

Updated July 2026

The average rent in Racine, WI is $1,035/month.

Rent in Racine is 38% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,035/month

Average Rent

646 Sq Ft

Average Size

+1.9%

Change / Year

374

Available Apartments

Racine rent varies by unit size and layout:

  • Studio apartments in Racine average $771 per month.
  • One-bedroom apartments in Racine average $1,035 per month.
  • Two-bedroom apartments in Racine average $1,116 per month.
  • Three-bedroom apartments in Racine average $1,406 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$771/month
376 Sq Ft
One Bedroom
$1,035/month
646 Sq Ft
Two Bedroom
$1,116/month
916 Sq Ft
Three Bedroom
$1,406/month
1,150 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,835/month
1,102 Sq Ft
Four Bedroom
$1,832/month
876 Sq Ft
View Racine Apartments

How much has average rent changed in Racine, WI?

In the past year, rent has increased by 1.9%, which averages out to $21 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Racine, WI

July 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Racine, WI
Percentage*
Rent Range
23% Below $700/month
39% $700 - $1,000/month
33% $1,001 - $1,500/month
4% $1,501 - $2,000/month
1% Above $2,000/month

Rent by Neighborhood

  • 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
$1,082/month
619 Sq Ft
Mount Pleasant
$1,427/month
728 Sq Ft
Downtown Racine
$1,481/month
701 Sq Ft

What are the most expensive neighborhoods in Racine?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Racine
$1,481/month
701 Sq Ft
Mount Pleasant
$1,427/month
728 Sq Ft
Caledonia
$1,082/month
619 Sq Ft

Which Racine neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Mount Pleasant
$1,427/month
728 Sq Ft
Downtown Racine
$1,481/month
701 Sq Ft
Caledonia
$1,082/month
619 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 $1,035, you’ll want to make about $3,450 per month or $41,400 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

374 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.

View the Racine Area Guide

Apartment Averages

Caledonia

Racine, WI

Downtown Racine

Racine, WI

Studio
$744/month
$884/month
One Bedroom
$1,103/month
$1,130/month
Two Bedroom
$1,174/month
$1,263/month
Three Bedroom
$1,390/month
$1,435/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Mount Pleasant

    Mount Pleasant

  • Kenosha

    Kenosha

  • Oak Creek

    Oak Creek

Apartment Communities in Racine We Think You'll Love

The Maples

The Maples

2432 Anthony Ln,
Racine, WI 53404

Studio - 2 Beds | $765 - $1,180

The William

The William

2200 Northwestern Ave,
Racine, WI 53404

Studio - 3 Beds | $1,125 - $1,795

Breakwater 233

Breakwater 233

233 Lake Ave,
Racine, WI 53403

Studio - 3 Beds | $1,240 - $2,570

The Avenues

The Avenues

2222 Northwestern Ave,
Racine, WI 53404

1-3 Beds | $1,185 - $2,105

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Frequently Asked Questions

What is the average rent in Racine?

The average rent in Racine is $1,035 per month, which is 37.8% lower than the national average of $1,663.

What is the average rent for a house in Racine?

The average rent for a house in Racine, WI is $1,835 per month.

Are rents going up or down in Racine?

Rents in Racine, WI are increasing, with prices up 1.9% year-over-year and $21 more per month.

What rent range is most common in Racine?

In Racine, WI, 39% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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 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