Cheapest Neighborhoods in Racine, WI
Some of the cheapest neighborhoods in Racine are Caledonia, Mount Pleasant, and Downtown Racine. These neighborhoods offer some of the lowest rent prices in Racine, making them ideal for renters on a budget. As of June 13, 2026, the average rent in Racine is $1,033, which is 3% 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
$1,046/Month
Year-Over-Year Rent Change
6.4%
Units Available
21 Rentals
Caledonia is a top choice for budget-conscious renters for a variety of reasons. The average rent in Caledonia is $1,046 while the city average is $1,033. This is a 6.4% difference from last year. Residents enjoy convenient access to Carthage College, River Bend Nature Center, and Rapids Drive Shopping Center.
Mount Pleasant
Average Rent
$1,259/Month
Year-Over-Year Rent Change
2%
Units Available
70 Rentals
When you’re looking for a great Racine neighborhood on a budget, check out Mount Pleasant. The average rent is $1,259, compared to the city average of $1,033. Rent prices have increased by 2%. Mount Pleasant is convenient to A.E. Schaeffer Plaza, Racine Centre, and High Ridge Center.
Downtown Racine
Average Rent
$1,429/Month
Year-Over-Year Rent Change
0.7%
Units Available
50 Rentals
Downtown Racine is an affordable neighborhood in Racine with an average rent price of $1,429. Compare this to the city average of $1,033. In the past year, rent prices have increased by 0.7%. Downtown Racine provides easy access to Milwaukee Tech., Oak Creek, Gateway Technical College, and River Bend Nature Center.
Sturtevant
Average Rent
$1,639/Month
Year-Over-Year Rent Change
2.4%
Units Available
97 Rentals
If you’re looking for a great, affordable neighborhood in Racine, Sturtevant might be the perfect place! It has an average rent price of $1,639, while the city’s average stands at $1,033. In the last year, prices have increased by 2.4%. Sturtevant is near Milwaukee Tech., Oak Creek, Racine Zoo, and Gateway Technical College.
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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.