Last updated
Average Rent in Racine, WI & Rent Trends
Rent prices and market trends across 2 apartment communities in Racine, WI. Updated daily.
Market Average
$1,107/mo
Lowest Available
$1,036/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
9
available now
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As of October 2026, the average rent in Racine, WI is $1,107 per month across 2 apartment communities and 9 available units.
The most affordable option is Mitchell Wagon Factory Lofts starting at $1,036/mo. By unit type, a 1-bedroom averages $1,107/mo.
Prices range from $1,036 to $1,127 per month. The most common price point is the $1,000 range, where 9 units are currently listed.
Rent by Bedroom Type in Racine, WI
Rent Prices by Apartment in Racine, WI
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Mitchell Wagon Factory Lofts | $1,036/mo | $1,036/mo | 2 | 3.6 |
| Arcade Apartments | $1,127/mo | $1,127/mo | 7 | 2.9 |
Frequently Asked Questions About Rent in Racine, WI
What is the average rent in Racine, WI?
Is rent going up or down in Racine, WI?
What is the cheapest apartment in Racine, WI?
How much is a 1-bedroom apartment in Racine, WI?
How many apartments are available in Racine, WI?
What salary do I need to live comfortably in Racine, WI?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$44,000/year
Based on the 30 percent rule, using our tracked average rent of $1,107/mo.
Comfortable income
$53,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,036/mo), you need to earn at least $41,000/year.
Median household income in Racine, WI is $55,705 , about 5% above the comfortable-living threshold.
Cost of living in Racine, WI
Overall prices in Racine, WI runs below the national average by about 5% (BEA Regional Price Parity index 95.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Racine, WI's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,107 |
| Utilities | $396 |
| Groceries | $507 |
| Transportation | $945 |
| Healthcare | $461 |
| Other goods and services | $737 |
| Estimated total | $4,153/mo |
Population
77,155
Median household income
$55,705
Census median rent
$983/mo
Census rent burden
29.8%
Median age
35.6
Mean commute
22 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Racine, WI Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
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