Most Affordable Neighborhoods in Racine, WI
Some of the cheapest neighborhoods in Racine are Rapids Drive, Oakwood Grove, and Uptown Racine. These neighborhoods offer some of the lowest rent prices in Racine, making them ideal for renters on a budget. As of June 13, 2025, the average rent in Racine is $982, which is 2.3% 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.
Rapids Drive
Average Rent
$880/Month
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Racine, Rapids Drive might be the perfect place! It has an average rent price of $880, while the city’s average stands at $982. Rapids Drive is near General Mitchell International, The Flatiron Village Mall, and Univ of Wisc., Parkside.
Oakwood Grove
Average Rent
$900/Month
TransitScore® Rating
45/100
Units Available
10 Rentals
Oakwood Grove is a top choice for budget-conscious renters for a variety of reasons. The average rent in Oakwood Grove is $900 while the city average is $982. Residents enjoy convenient access to Hawthorne Hollow Nature Sanctuary & Arboretum, Racine Center, and A.E. Schaeffer Plaza. The neighborhood is considered somewhat walkable with a WalkScore® of 69.
Uptown Racine
Average Rent
$906/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
47/100
Units Available
11 Rentals
When you’re looking for a great Racine neighborhood on a budget, check out Uptown Racine. The average rent is $906, compared to the city average of $982. Rent prices have decreased by 2%. Uptown Racine is convenient to Racine Center, Univ of Wisc., Parkside, and River Bend Nature Center. The community is walkable with a WalkScore® of 74.
Caledonia
Average Rent
$997/Month
Year-Over-Year Rent Change
8.6%
TransitScore® Rating
16/100
Units Available
27 Rentals
Caledonia is an affordable neighborhood in Racine with an average rent price of $997. Compare this to the city average of $982. In the past year, rent prices have increased by 8.6%. Caledonia provides easy access to General Mitchell International, Gateway Technical College, and River Bend Nature Center. It’s a car-dependent neighborhood with a WalkScore® of 37.
Shorecrest Manor
Average Rent
$1,105/Month
TransitScore® Rating
34/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Racine, Shorecrest Manor might be the perfect place! It has an average rent price of $1,105, while the city’s average stands at $982. Shorecrest Manor is near The Flatiron Village Mall, Milwaukee Tech., Oak Creek, and Shorecrest Shopping Center.
Mount Pleasant
Average Rent
$1,365/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
35/100
Units Available
71 Rentals
Mount Pleasant is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mount Pleasant is $1,365 while the city average is $982. This is a 0.2% difference from last year. Residents enjoy convenient access to Milwaukee Tech., Oak Creek, Univ of Wisc., Parkside, and Racine Zoo. The neighborhood is considered somewhat walkable with a WalkScore® of 57.
Downtown Racine
Average Rent
$1,480/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
47/100
Units Available
84 Rentals
When you’re looking for a great Racine neighborhood on a budget, check out Downtown Racine. The average rent is $1,480, compared to the city average of $982. Rent prices have increased by 0.8%. Downtown Racine is convenient to Univ of Wisc., Parkside, Milwaukee Tech., Oak Creek, and River Bend Nature Center. The community is walkable with a WalkScore® of 80.
Old Main Street Historic District
Average Rent
$1,523/Month
TransitScore® Rating
49/100
Units Available
78 Rentals
Old Main Street Historic District is an affordable neighborhood in Racine with an average rent price of $1,523. Compare this to the city average of $982. Old Main Street Historic District provides easy access to Jo-Don Farms, Univ of Wisc., Parkside, and State Street Plaza. It’s a walkable neighborhood with a WalkScore® of 92.
Sturtevant
Average Rent
$1,745/Month
Year-Over-Year Rent Change
4.1%
TransitScore® Rating
8/100
Units Available
62 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 $1,745, while the city’s average stands at $982. In the last year, prices have increased by 4.1%. Sturtevant is near Gateway Technical College, Carthage College, and Univ of Wisc., Parkside.
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.