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 March 14, 2026, the average rent in Racine is $998, which is 0.3% 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
$1,006/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
16/100
Units Available
18 Rentals
If you’re looking for a great, affordable neighborhood in Racine, Caledonia might be the perfect place! It has an average rent price of $1,006, while the city’s average stands at $998. In the last year, prices have increased by 2.6%. Caledonia is near Milwaukee Tech., Oak Creek, River Bend Nature Center, and Carthage College.
Southside Historic District
Average Rent
$1,075/Month
TransitScore® Rating
46/100
Units Available
12 Rentals
Southside Historic District is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southside Historic District is $1,075 while the city average is $998. Residents enjoy convenient access to Carthage College, Gateway Technical College, and Jo-Don Farms. The neighborhood is considered walkable with a WalkScore® of 78.
Mount Pleasant
Average Rent
$1,297/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
35/100
Units Available
72 Rentals
When you’re looking for a great Racine neighborhood on a budget, check out Mount Pleasant. The average rent is $1,297, compared to the city average of $998. Rent prices have increased by 1.5%. Mount Pleasant is convenient to Univ of Wisc., Parkside, Racine Center, and Carthage College. The community is somewhat walkable with a WalkScore® of 57.
Downtown Racine
Average Rent
$1,427/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
47/100
Units Available
67 Rentals
Downtown Racine is an affordable neighborhood in Racine with an average rent price of $1,427. Compare this to the city average of $998. In the past year, rent prices have increased by 0.3%. Downtown Racine provides easy access to Univ of Wisc., Parkside, Racine Zoo, and River Bend Nature Center. It’s a walkable neighborhood with a WalkScore® of 79.
Old Main Street Historic District
Average Rent
$1,541/Month
TransitScore® Rating
49/100
Units Available
52 Rentals
If you’re looking for a great, affordable neighborhood in Racine, Old Main Street Historic District might be the perfect place! It has an average rent price of $1,541, while the city’s average stands at $998. Old Main Street Historic District is near River Bend Nature Center, Milwaukee Tech., Oak Creek, and State Street Plaza.
Sturtevant
Average Rent
$1,709/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
8/100
Units Available
67 Rentals
Sturtevant is a top choice for budget-conscious renters for a variety of reasons. The average rent in Sturtevant is $1,709 while the city average is $998. This is a 1.5% difference from last year. Residents enjoy convenient access to Univ of Wisc., Parkside, Renaissance Commons, and Racine Zoo. The neighborhood is considered car-dependent with a WalkScore® of 29.
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.