Best Affordable 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 April 28, 2026, the average rent in Racine is $1,024, which is 2.1% 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
$1,038/Month
Year-Over-Year Rent Change
4.5%
Units Available
23 Rentals
When you’re looking for a great Racine neighborhood on a budget, check out Caledonia. The average rent is $1,038, compared to the city average of $1,024. Rent prices have increased by 4.5%. Caledonia is convenient to Carthage College, Racine Zoo, and Greentree Centre.
Mount Pleasant
Average Rent
$1,340/Month
Year-Over-Year Rent Change
1.5%
Units Available
74 Rentals
Mount Pleasant is an affordable neighborhood in Racine with an average rent price of $1,340. Compare this to the city average of $1,024. In the past year, rent prices have increased by 1.5%. Mount Pleasant provides easy access to Racine Zoo, River Bend Nature Center, and Racine Centre.
Downtown Racine
Average Rent
$1,419/Month
Year-Over-Year Rent Change
0.4%
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 $1,419, while the city’s average stands at $1,024. In the last year, prices have increased by 0.4%. Downtown Racine is near Jo-Don Farms, Milwaukee Tech., Oak Creek, and Dinosaur Discovery Museum.
Sturtevant
Average Rent
$1,723/Month
Year-Over-Year Rent Change
2.1%
Units Available
67 Rentals
Sturtevant is a top choice for budget-conscious renters for a variety of reasons. The average rent in Sturtevant is $1,723 while the city average is $1,024. This is a 2.1% difference from last year. Residents enjoy convenient access to Renaissance Commons, Gateway Technical College, and General Mitchell International.
Ready to make your move to Racine? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.