Racine, WI Rental Market Trends
The average rent for an apartment in Racine is $823, a 3% increase compared to the previous year, when the average rent was $796.
Average Rent in Racine, WI
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$823||3%||830 sq. ft.|
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 Households37%
- Owner-occupied Households62%
11,273 or 37% of the households in Racine, WI are renter-occupied while 18,693 or 62% are owner-occupied.
Racine, WI Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Jan / 2020|
Average Rent in Racine, WI By Neighborhood
|Shoops - Le Nox||$744|
|Ridgewood - Kurwick Estates||$744|
|Jancare - Terri's||$744|
|Huck Industrial Park||$744|
|Freeman's - Riverview Park||$744|
|Batten International Airport||$744|
|Rodes - Riverbrook||$745|
|Springvale - Maple Grove||$754|
|Spring - Country Club Acres||$754|
|Manree Park - West Lawn||$754|
|Longview - Doris Park||$754|
|Freeland - West Racine Home||$754|
|Roosevelt - Skyline Village||$781|
|Highland Village - Marboro Heights||$781|
|Hagerer's - Wright's||$793|
|Jones - North Park||$815|
|Fox - W.H.Miller's||$815|
|Beachwood - Lakecrest||$815|
|Herrick - Washington Park||$940|
|Southside Industrial Park||$960|
|Simon - Fuller Lane||$960|
|Racine Land And Improvement||$960|
|Morey - Hamilton's||$960|
|Halter Lakes Estates||$960|
|Green Crest Manor||$960|
|College - Michigan Shores||$960|
|Cary's - Herrick&Cram||$960|
|Barbridge - Cedar Bend||$960|
The most affordable neighborhoods in Racine are Batten International Airport, where the average rent goes for $744/month, Club Park, where renters pay $744/mo on average, and Fox Estates, where the average rent goes for $744/mo. If you’re looking for other great deals, check out the listings from Freeman's - Riverview Park ($744), Huck Industrial Park ($744), and Jancare - Terri's ($744), where the asking prices are below the average Racine rent of $823/mo.
The most expensive neighborhoods in Racine are Racine Land And Improvement ($960), Simon - Fuller Lane ($960) and Southside Industrial Park ($960).
The most popular neighborhood in Racine is College - Michigan Shores, where there are 1 verified RENTCafé listings with an average rent of $960. Next up is Downtown Racine, where apartments go for $872/month, followed by Parkview with $960 If you’re looking to rent in Racine’s most popular neighborhoods, make sure to also check out Rapids Drive, where renters pay $744 on average, and Shadow Lane, where the average monthly rent is $754.
Racine | Rent Comparison by Neighborhood
Rent in Barbridge - Cedar Bend is 29% higher than in Batten International Airport
Barbridge - Cedar Bend rent is 17% 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|
For more information about the Racine rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!