Most Affordable Neighborhoods in Racine, WI

Some of the cheapest neighborhoods in Racine are Oakwood Grove, Uptown Racine, and Southside Historic District. These neighborhoods offer some of the lowest rent prices in Racine, making them ideal for renters on a budget. As of September 13, 2025, the average rent in Racine is $990, which is 2% 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.

Oakwood Grove

Average Rent

$908/Month

TransitScore® Rating

45/100

Units Available

11 Rentals

When you’re looking for a great Racine neighborhood on a budget, check out Oakwood Grove. The average rent is $908, compared to the city average of $990. Oakwood Grove is convenient to Univ of Wisc., Parkside, General Mitchell International, and A.E. Schaeffer Plaza. The community is somewhat walkable with a WalkScore® of 69.

Uptown Racine

Average Rent

$914/Month

Year-Over-Year Rent Change

1.4%

TransitScore® Rating

47/100

Units Available

12 Rentals

Uptown Racine is an affordable neighborhood in Racine with an average rent price of $914. Compare this to the city average of $990. In the past year, rent prices have decreased by 1.4%. Uptown Racine provides easy access to Carthage College, Gateway Technical College, and Racine Center. It’s a walkable neighborhood with a WalkScore® of 74.

Southside Historic District

Average Rent

$941/Month

TransitScore® Rating

46/100

Units Available

14 Rentals

If you’re looking for a great, affordable neighborhood in Racine, Southside Historic District might be the perfect place! It has an average rent price of $941, while the city’s average stands at $990. Southside Historic District is near Univ of Wisc., Parkside, River Bend Nature Center, and Carthage College.

Caledonia

Average Rent

$995/Month

Year-Over-Year Rent Change

2.5%

TransitScore® Rating

16/100

Units Available

29 Rentals

Caledonia is a top choice for budget-conscious renters for a variety of reasons. The average rent in Caledonia is $995 while the city average is $990. This is a 2.5% difference from last year. Residents enjoy convenient access to Univ of Wisc., Parkside, General Mitchell International, and Gateway Technical College. The neighborhood is considered car-dependent with a WalkScore® of 37.

The Concord

Average Rent

$1,038/Month

TransitScore® Rating

0/100

Units Available

10 Rentals

When you’re looking for a great Racine neighborhood on a budget, check out The Concord. The average rent is $1,038, compared to the city average of $990. The Concord is convenient to Gateway Technical College, Milwaukee Tech., Oak Creek, and Hawthorne Hollow Nature Sanctuary & Arboretum. The community is car-dependent with a WalkScore® of 32.

Shorecrest Manor

Average Rent

$1,086/Month

TransitScore® Rating

34/100

Units Available

13 Rentals

Shorecrest Manor is an affordable neighborhood in Racine with an average rent price of $1,086. Compare this to the city average of $990. Shorecrest Manor provides easy access to Milwaukee Tech., Oak Creek, General Mitchell International, and The Flatiron Village Mall. It’s a car-dependent neighborhood with a WalkScore® of 48.

Mount Pleasant

Average Rent

$1,253/Month

Year-Over-Year Rent Change

2.4%

TransitScore® Rating

35/100

Units Available

87 Rentals

If you’re looking for a great, affordable neighborhood in Racine, Mount Pleasant might be the perfect place! It has an average rent price of $1,253, while the city’s average stands at $990. In the last year, prices have increased by 2.4%. Mount Pleasant is near A.E. Schaeffer Plaza, Racine Centre, and Hawthorne Hollow Nature Sanctuary & Arboretum.

Downtown Racine

Average Rent

$1,399/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

47/100

Units Available

76 Rentals

Downtown Racine is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Racine is $1,399 while the city average is $990. This is a 1.3% difference from last year. Residents enjoy convenient access to Gateway Technical College, General Mitchell International, and Carthage College. The neighborhood is considered walkable with a WalkScore® of 80.

Old Main Street Historic District

Average Rent

$1,511/Month

TransitScore® Rating

49/100

Units Available

61 Rentals

When you’re looking for a great Racine neighborhood on a budget, check out Old Main Street Historic District. The average rent is $1,511, compared to the city average of $990. Old Main Street Historic District is convenient to Milwaukee Tech., Oak Creek, Univ of Wisc., Parkside, and State Street Plaza. The community is walkable with a WalkScore® of 92.

Sturtevant

Average Rent

$1,571/Month

Year-Over-Year Rent Change

3.6%

TransitScore® Rating

8/100

Units Available

59 Rentals

Sturtevant is an affordable neighborhood in Racine with an average rent price of $1,571. Compare this to the city average of $990. In the past year, rent prices have increased by 3.6%. Sturtevant provides easy access to Carthage College, Hawthorne Hollow Nature Sanctuary & Arboretum, and Racine Zoo. It’s a car-dependent neighborhood 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.