Racine, WI Rental Market Trends
Last updated: February 21, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Racine is $1,184, a 3.5% increase compared to the previous year, when the average rent was $1,144.
Studio Apartments at $836 offer the most budget-friendly option with 396 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 711 square feet for $1,128, balancing privacy and affordability.
Two-beedroom units at $1,248 offer 954 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,254 sq ft) for $1,463, suitable for larger households.
Average rent in Racine, WI
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,184 | 831 sq. ft. |
| Studio | $836 | 396 sq. ft. |
| 1 Bed | $1,128 | 711 sq. ft. |
| 2 Beds | $1,248 | 954 sq. ft. |
| 3 Beds | $1,463 | 1,254 sq. ft. |
Racine, WI rent trends
Rental prices in Racine, WI have increased by 3.5% over the past year. The average rent moved from $1,144 to $1,184.
What's the typical rent budget in Racine, WI?
The largest share of rentals in Racine, WI (60%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Racine, WI?
12,455 or 40% of the households in Racine, WI are renter-occupied while 18,783 or 60% are owner-occupied.
Most affordable neighborhoods in Racine?
Georgetown $1,288/month
Downtown Racine $1,319/month
Ridgewood - Kurwick Estates $1,325/month
All of these neighborhoods fall below the city wide average of $1,184/month.Average Rent in Racine, WI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Ridgewood - Kurwick Estates | $1,325 |
| Downtown Racine | $1,319 |
| Georgetown | $1,288 |
Racine | Rent Comparison by Neighborhood
Rent in Downtown Racine is 2% higher than in Georgetown
Downtown Racine rent is 11% higher than Racine average
Georgetown rent is 9% higher than Racine average
How Racine Compares to Other Cities
| City | Average Rent |
|---|---|
| Racine | $1,184 |
| Madison | $1,810 |
| Milwaukee | $1,567 |
| Appleton | $1,271 |
| La Crosse | $1,246 |
| Neenah | $1,267 |
| Brookfield | $1,871 |
| Oshkosh | $1,142 |
| Middleton | $1,582 |
| Onalaska | $1,425 |
| New Berlin | $1,656 |
| Waukegan, IL | $1,372 |
| Wauwatosa | $1,669 |
| West Allis | $1,421 |
| Oak Creek, WI | $1,636 |
| St. Francis, WI | $1,581 |
| Greenfield, WI | $1,394 |
| Kenosha, WI | $1,449 |
| Waukesha, WI | $1,438 |
| Grayslake, IL | $1,497 |
| Gurnee, IL | $1,781 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Racine apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.