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City Report · WI

Racine

Pop. 77,633·50th most expensive in Wisconsin·One of the most affordable rental markets in the US
Median rent (all units)
$1,180/mo
Year-over-Year
+0.3%
Month-over-Month
-2.2%
vs US Median
-$785
Falling (Monthly)
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Most AffordableMost Expensive
Racine · $1,180
More affordable than 93% of US cities · National median $1,965/mo
Rent Reality Score
64/100
Good value
OverheatedFairGreat value

Rents are 7% below what Racine's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,180/mo
Expected by trend
$1,266/mo
The Rent Reality Score compares today's median rent to where Racine's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$807
1 BR
$903
2 BR
$1,163
3 BR
$1,513
4 BR+
$1,797
Research median
$1,163/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$14,160/yr
At $1,180/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 0.3% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.3% YoY, -2.2% MoM), not inventory.
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Demographics

Who lives here

Racine, WI is majority owner-occupied, has a large share of families with children, has a median income below the national average, 21.4% of residents hold a bachelor's degree or higher.

Population
77,633
Median income
$57,740
Median age
34.7
Renters
39.8%
Age distribution
27.2%
23.2%
24.4%
13.9%
Under 1827.2%
18–3423.2%
35–5424.4%
55–6411.3%
65+13.9%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
53.9%
20.6%
24.4%
White53.9%
Black20.6%
Hispanic24.4%
Asian0.7%
Education (25+)
32.8%
34.7%
21.4%
No HS diploma11%
HS diploma32.8%
Some college34.7%
Bachelor's+21.4%
Housing tenure
60.2%
39.8%
Owner60.2%
Renter39.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Racine, WI has changed in 5 years

Rent
$971 → $1,180
up 21.5%
Income
$48,238 → $57,740
up 19.7%
Population
77,705 → 77,633
down 0.1%
Renter share
44.7% → 39.8%
-4.9 pts
Bachelor's+
19.2% → 21.4%
+2.2 pts

Compared with 2022, rent in Racine, WI has climbed by $209 per month, settling near $1,180 after starting the period at $971. On the earnings side, the typical household in Racine, WI now reports about $57,740, up from $48,238 in 2021. About 39.8% of households rent today, against 44.7% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 19.2% to 21.4%. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and Racine, WI reflects that arc in its own way.

Community

Discussions about Racine

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View Racine rent history (2015–2026) →
Salary vs rent

Can you afford rent in Racine on your salary?

At $1,180/mo, how Racine rent compares to typical pay (30% rule).

By apartment size

Racine rent by bedroom count

Median rent for each apartment size in Racine. Click any size for full breakdown.

Local insights

Tips for renters in Racine

About renting in Racine, WI

Last updated: July 20, 2026

The median rent in Racine is $1,180/mo as of July 2026. A studio apartment averages $807/mo while a 2-bedroom runs $1,163/mo. One-bedroom apartments average $903/mo and 3-bedroom units go for $1,513/mo.

At 25% of local median household income ($57,740/yr), Racine ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.3% over the past year.

FAQ

Frequently asked questions

Is Racine an affordable city for renters?

Racine is considered affordable for renters. At $1,180/mo, rent takes approximately 25% of the local median household income ($57,740/yr). The standard benchmark is 30%. Racine falls comfortably within that range.

How much income do you need to rent in Racine?

To keep rent at or below 30% of gross income, you would need to earn at least $47,000/year (~$23/hour full-time) to afford the median rent of $1,180/mo in Racine. The local median household income is $57,740/yr, meaning the typical Racine household meets that threshold.

Is rent going up or down in Racine?

Rent in Racine has been relatively stable over the past year, with a 0.3% change year over year as of July 2026.

Which Racine neighborhoods have the lowest rent?

The most affordable ZIP codes in Racine are 53405 ($1,025/mo), 53404 ($1,219/mo), and 53403 ($1,358/mo). Citywide, the median rent in Racine is $1,180/mo.

How does Racine rent compare to other cities in Wisconsin?

Racine is one of the more affordable cities in Wisconsin for rent, ranking #50 out of 62 tracked cities at $1,180/mo.

What percentage of Racine residents rent vs. own?

According to Census data, approximately 39.8% of Racine households are renters, while 60.2% are owner-occupied. Racine leans toward homeownership, which can mean a smaller rental inventory.

How does Racine rent compare to the national average?

Racine's median rent of $1,180/mo is $785 (40%) below the US national median of $1,965/mo. Within Wisconsin, it ranks #50 out of 62 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,180/mo, rent takes ~25% of Racine's median household income ($57,740/yr). The standard benchmark is 30%.

Racine 25%Benchmark 30%
State income tax3.5–7.65%
Run the Racine affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Racine, WI

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