Average Rent in Racine, WI
2 apartment buildings, 18 units. Daily asking prices with rent history for every building.
Browse apartments in Racine, WIAvg Rent
$1,282/mo
median $1,237
market average
Cheapest
$1,036/mo
Mitchell Wagon Factory Lofts
Properties
2
tracked daily
Units
18
available now
Racine, WI Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 2 properties in Racine, WI.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Racine, WI Rent Prices
All 2 properties ranked by lowest available rent.
Mitchell Wagon Factory Lofts
815 8th St, Racine, WI 53403, USA
Arcade Apartments
413 Main St, Racine, WI 53403, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Mitchell Wagon Factory Lofts 815 8th St, Racine, WI 53403, USA | $1,036 | $1,036 | $0.91/ft² | 3.6 (48) | 2 |
| 2 | Arcade Apartments 413 Main St, Racine, WI 53403, USA | $1,127 | $1,313 | $1.33/ft² | 2.9 (50) | 16 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
By Area
Racine, WI neighborhoods
Tracked buildings across 1 named neighborhoods. Pick one to see its apartments.
Racine, WI Average Rent Prices 2026
The average rent in Racine, WI is $1,282 per month, based on 18 units across 2 apartment communities. Prices range from $1,036 at Mitchell Wagon Factory Lofts to $1,602 at Arcade Apartments.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $1,107/mo | $1,036/mo | 9 |
| 2 Bed | $1,457/mo | $1,347/mo | 9 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Racine, WI, and what they pay
Tracked one-bedroom rent in Racine, WI averages $1,107/mo, with two-bedroom units averaging $1,457/mo. At the local median household income of $55,705, that works out to 28% of gross income, near the 30 percent affordability ceiling.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Racine, WI at $983/mo. The current tracked market average runs 30% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Racine, WI while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Racine, WI?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$51,000/year
Based on the 30 percent rule, using our tracked average rent of $1,282/mo.
Comfortable income
$62,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,036/mo), you need to earn at least $41,000/year.
Median household income in Racine, WI is $55,705 , about 9% below the comfortable-living threshold.
Cost of living in Racine, WI
Overall prices in Racine, WI runs below the national average by about 5% (BEA Regional Price Parity index 95.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Racine, WI's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,282 |
| Utilities | $396 |
| Groceries | $507 |
| Transportation | $945 |
| Healthcare | $461 |
| Other goods and services | $737 |
| Estimated total | $4,328/mo |
Population
77,155
Median household income
$55,705
Census median rent
$983/mo
Census rent burden
29.8%
Median age
35.6
Mean commute
22 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Wisconsin
How Racine, WI rent compares to other markets in the state.
| City | Avg Rent | vs Racine, WI | 30-Day Change | Properties |
|---|---|---|---|---|
| Madison, WI | $2,251 | +76% | +7% | 33 |
| Waukesha, WI | $1,663 | +30% | -2.9% | 14 |
| Altoona, WI | $1,485 | +16% | -5.5% | 10 |
| Milwaukee, WI | $2,491 | +94% | +5.7% | 8 |
| West Allis, WI | $1,664 | +30% | -6.2% | 7 |
| Oshkosh, WI | $1,207 | -6% | +23.1% | 5 |
Frequently asked questions
What is the average rent in Racine, WI?
The average rent in Racine, WI is $1,282 per month, based on 18 units across 2 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in Racine, WI?
The median asking rent in Racine, WI is $1,237 per month, computed from 18 live listed units and refreshed daily. The average is $1,282/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Racine, WI?
The lowest available rent in Racine, WI starts at $1,036 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Racine, WI?
1-bedroom apartments in Racine, WI average $1,107/mo. The lowest listed 1-bedroom starts at $1,036/mo across 9 units tracked.
How much is a 2-bedroom apartment in Racine, WI?
2-bedroom apartments in Racine, WI average $1,457/mo. Units start from $1,347/mo across 9 units currently listed.
Rent Trends in Racine, WI
Track how apartment prices are changing over time.
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