Racine, WI Rental Market Trends
What is the average rent in Racine?
The average rent for an apartment in Racine is $845, a 2% increase compared to the previous year, when the average rent was $826.
Average Rent in Racine, WI
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$845||2%||830 sq. ft.|
What is the average apartment size in Racine?
The average size for a Racine, WI apartment is 830 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Racine, WI Apartment Rent Ranges
Racine, WI Occupied Housing Units
- Renter-occupied Households38%
- Owner-occupied Households61%
11,914 or 38% of the households in Racine, WI are renter-occupied while 18,770 or 61% are owner-occupied.
Racine, WI Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Apr / 2021|
Average Rent in Racine, WI By Neighborhood
|Barbridge - Cedar Bend||$902|
|Cary's - Herrick&Cram||$902|
|College - Michigan Shores||$902|
|Green Crest Manor||$902|
|Halter Lakes Estates||$902|
|Morey - Hamilton's||$902|
|Racine Land And Improvement||$902|
|Simon - Fuller Lane||$902|
|Southside Industrial Park||$902|
|Herrick - Washington Park||$891|
|Beachwood - Lakecrest||$873|
|Fox - W.H.Miller's||$873|
|Jones - North Park||$873|
|Hagerer's - Wright's||$837|
|Highland Village - Marboro Heights||$820|
|Roosevelt - Skyline Village||$820|
|Freeland - West Racine Home||$792|
|Longview - Doris Park||$792|
|Manree Park - West Lawn||$792|
|Spring - Country Club Acres||$792|
|Springvale - Maple Grove||$792|
|Rodes - Riverbrook||$763|
|Batten International Airport||$759|
|Freeman's - Riverview Park||$759|
|Huck Industrial Park||$759|
|Jancare - Terri's||$759|
|Ridgewood - Kurwick Estates||$759|
|Shoops - Le Nox||$759|
What are the most affordable neighborhoods in Racine?
The most affordable neighborhoods in Racine are Batten International Airport, where the average rent goes for $759/month, Club Park, where renters pay $759/mo on average, and Fox Estates, where the average rent goes for $759/mo. If you’re looking for other great deals, check out the listings from Freeman's - Riverview Park ($759), Huck Industrial Park ($759), and Jancare - Terri's ($759), where the asking prices are below the average Racine rent of $845/mo.
What are the most expensive neighborhoods in Racine?
The most expensive neighborhoods in Racine are Racine Land And Improvement ($902), Simon - Fuller Lane ($902) and Southside Industrial Park ($902).
What are the most popular neighborhoods in Racine?
The most popular neighborhood in Racine is Downtown Racine, where there are 3 verified RENTCafé listings with an average rent of $884. Next up is Herrick - Washington Park, where apartments go for $891/month, followed by College - Michigan Shores with $902 If you’re looking to rent in Racine’s most popular neighborhoods, make sure to also check out Fox - W.H.Miller's, where renters pay $873 on average, and Georgetown, where the average monthly rent is $820.
Racine | Rent Comparison by Neighborhood
Rent in Barbridge - Cedar Bend is 19% higher than in Batten International Airport
Barbridge - Cedar Bend rent is 7% higher than Racine average
Batten International Airport rent is 10% lower than Racine average
How Racine Compares to Other Cities
|Average Rent||Y-o-Y Change|