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Rental Market Trends in Racine, WI

Updated September 2026

The average rent in Racine, WI is $1,082/month.

Rent in Racine is 35% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,082/month

Average Rent

653 Sq Ft

Average Size

+3.2%

Change / Year

494

Available Apartments

Racine rent varies by unit size and layout:

  • Studio apartments in Racine average $807 per month.
  • One-bedroom apartments in Racine average $1,082 per month.
  • Two-bedroom apartments in Racine average $1,177 per month.
  • Three-bedroom apartments in Racine average $1,410 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$807/month
375 Sq Ft
One Bedroom
$1,082/month
653 Sq Ft
Two Bedroom
$1,177/month
926 Sq Ft
Three Bedroom
$1,410/month
1,150 Sq Ft
View Racine Apartments

How much has average rent changed in Racine, WI?

In the past year, rent has increased by 3.2%, which averages out to $35 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Racine, WI

September 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Racine, WI
Percentage*
Rent Range
21% Below $700/month
39% $700 - $1,000/month
34% $1,001 - $1,500/month
5% $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, Downtown Racine and Mount Pleasant are the most affordable neighborhoods in Racine.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Caledonia
$1,134/month
655 Sq Ft
Downtown Racine
$1,470/month
707 Sq Ft
Mount Pleasant
$1,471/month
741 Sq Ft

What are the most expensive neighborhoods in Racine?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Mount Pleasant
$1,471/month
741 Sq Ft
Downtown Racine
$1,470/month
707 Sq Ft
Caledonia
$1,134/month
655 Sq Ft

Which Racine neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Mount Pleasant
$1,471/month
741 Sq Ft
Caledonia
$1,134/month
655 Sq Ft
Downtown Racine
$1,470/month
707 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 $1,082, you’ll want to make about $3,606 per month or $43,272 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

494 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

Mount Pleasant

Racine, WI

Studio
$740/month
$964/month
One Bedroom
$1,100/month
$1,123/month
Two Bedroom
$1,171/month
$1,260/month
Three Bedroom
$1,392/month
$1,973/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

    Avg Rent: $1,616/month

  • Sturtevant

    Sturtevant

    Avg Rent: $1,618/month

  • Kenosha

    Kenosha

    Avg Rent: $1,319/month

  • Oak Creek

    Oak Creek

    Avg Rent: $1,467/month

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

1-3 Beds | $1,510 - $2,545

The Avenues

The Avenues

2222 Northwestern Ave,
Racine, WI 53404

1-3 Beds | $1,095 - $1,985

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Frequently Asked Questions

What is the average rent in Racine?

The average rent in Racine is $1,082 per month, which is 35.0% lower than the national average of $1,665.

Are rents going up or down in Racine?

Rents in Racine, WI are increasing, with prices up 3.2% year-over-year and $35 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 September 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