Rental prices in Downtown Racine, Racine, WI have increased by 0.32% over the past year. The average rent moved from $1,315 to $1,319.
Check out the average rent in Racine.
The national average price of rental apartments is $1,741, while the average monthly rent in Downtown Racine, Racine, WI is $1,319.
The average monthly rent for an apartment in Downtown Racine, Racine, WI is around $1,319.
A share of 19% of apartments in Downtown Racine, Racine, WI have the cheapest rents between ≤ $1000. Around 5% of rentals are $2,001-$2,500. Around 54% of Downtown Racine's apartments have monthly rents between $1,001-$1,500. There are 23% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Downtown Racine, Racine, WI (54%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Downtown Racine, Racine, WI is $1,175.
In Downtown Racine 38% of the housing is rented out compared to 62% of homes are owned, according to the most recent Census Bureau estimates. 12% of Downtown Racine's apartments are found in large buildings of 50 units or more, 60% are located in smaller apartment complexes with less than 50 units, and 27% are single-family rentals.
In total, Downtown Racine, Racine, WI has 2,450 residents, 1,230 women and 1,219 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Racine’s population is 40.
There is a total of 979 households in Downtown Racine, Racine, WI. Of these, 310 have children and 669 are without children. Per Census Bureau’s most current estimates, 608 family households and 371 non-family households live in this area. The size of a household in Downtown Racine is 1.98 people, on average. The median household annual income in Downtown Racine equals $66,200, and the monthly housing costs equal $1,107.
According to data from the U.S. Census Bureau, 4% of the population in Downtown Racine, Racine, WI have no high school education, 41% went to high-school, and 23% have partially completed college. Moreover, 9% of the population hold an Associate Degree, 16% hold a Bachelor Degree, and 7% hold a Graduate Degree.
