Best Affordable Neighborhoods in Racine, WI
Some of the cheapest neighborhoods in Racine are Caledonia, Southside Historic District, and Mount Pleasant. These neighborhoods offer some of the lowest rent prices in Racine, making them ideal for renters on a budget. As of December 13, 2025, the average rent in Racine is $1,002, which is 1.7% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Caledonia
Average Rent
$1,026/Month
Year-Over-Year Rent Change
3.9%
TransitScore® Rating
16/100
Units Available
20 Rentals
Caledonia is a top choice for budget-conscious renters for a variety of reasons. The average rent in Caledonia is $1,026 while the city average is $1,002. This is a 3.9% difference from last year. Residents enjoy convenient access to Jo-Don Farms, Spring Green Center, and Milwaukee Tech., Oak Creek. The neighborhood is considered car-dependent with a WalkScore® of 37.
Southside Historic District
Average Rent
$1,068/Month
TransitScore® Rating
46/100
Units Available
12 Rentals
When you’re looking for a great Racine neighborhood on a budget, check out Southside Historic District. The average rent is $1,068, compared to the city average of $1,002. Southside Historic District is convenient to Univ of Wisc., Parkside, Belle City Square, and State Street Plaza. The community is walkable with a WalkScore® of 78.
Mount Pleasant
Average Rent
$1,243/Month
Year-Over-Year Rent Change
2.2%
TransitScore® Rating
35/100
Units Available
77 Rentals
Mount Pleasant is an affordable neighborhood in Racine with an average rent price of $1,243. Compare this to the city average of $1,002. In the past year, rent prices have increased by 2.2%. Mount Pleasant provides easy access to River Bend Nature Center, Racine Center, and Dinosaur Discovery Museum. It’s a somewhat walkable neighborhood with a WalkScore® of 57.
Downtown Racine
Average Rent
$1,428/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
47/100
Units Available
68 Rentals
If you’re looking for a great, affordable neighborhood in Racine, Downtown Racine might be the perfect place! It has an average rent price of $1,428, while the city’s average stands at $1,002. In the last year, prices have increased by 0.5%. Downtown Racine is near The Flatiron Village Mall, Belle City Square, and Univ of Wisc., Parkside.
Old Main Street Historic District
Average Rent
$1,528/Month
TransitScore® Rating
49/100
Units Available
54 Rentals
Old Main Street Historic District is a top choice for budget-conscious renters for a variety of reasons. The average rent in Old Main Street Historic District is $1,528 while the city average is $1,002. Residents enjoy convenient access to River Bend Nature Center, Hawthorne Hollow Nature Sanctuary & Arboretum, and Belle City Square. The neighborhood is considered walkable with a WalkScore® of 92.
Sturtevant
Average Rent
$1,609/Month
Year-Over-Year Rent Change
2.9%
TransitScore® Rating
8/100
Units Available
53 Rentals
When you’re looking for a great Racine neighborhood on a budget, check out Sturtevant. The average rent is $1,609, compared to the city average of $1,002. Rent prices have increased by 2.9%. Sturtevant is convenient to General Mitchell International, River Bend Nature Center, and Gateway Technical College. The community is car-dependent with a WalkScore® of 29.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.