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ZIP Code · WI

ZIP 53403

Part of Racine, WI
Pop. 27,009·Racine County·57th most expensive ZIP in Wisconsin
Median rent (all units)
$1,358/mo
Year-over-Year
+24.8%
Month-over-Month
+5.6%
vs US Median
-$607
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 53403 · $1,358
More affordable than 83% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,000
1 BR
$1,000
2 BR
$1,310
3 BR
$1,750
4 BR+
$2,000
Research median
$1,310/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
$16,296/yr
At $1,358/mo median
Location
CityRacine
StateWI
CountyRacine County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 24.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+24.8% YoY, +5.6% MoM), not inventory.
Demographics

Who lives here

ZIP 53403 (Racine, WI) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 23.5% of residents hold a bachelor's degree or higher.

Population
27,009
Median income
$59,820
Median age
35.8
Renters
41.6%
Age distribution
26%
23.2%
22.2%
13.9%
14.7%
Under 1826%
18–3423.2%
35–5422.2%
55–6413.9%
65+14.7%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
46.3%
27.3%
24.9%
White46.3%
Black27.3%
Hispanic24.9%
Asian0.8%
Other0.7%
Education (25+)
12.7%
30.3%
33.5%
23.5%
No HS diploma12.7%
HS diploma30.3%
Some college33.5%
Bachelor's+23.5%
Housing tenure
58.4%
41.6%
Owner58.4%
Renter41.6%

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

2021 vs 2026

How ZIP 53403 in Racine, WI has changed in 5 years

Income
$51,420 → $59,820
up 16.3%
Population
26,579 → 27,009
up 1.6%
Renter share
46.9% → 41.6%
-5.3 pts
Bachelor's+
22.9% → 23.5%
+0.6 pts
Median age
36.8 → 35.8
-1.0 yrs

Household income in the area moved from $51,420 to $59,820 across the same window, up 16.3% versus 2021. Headcount in the area went from 26,579 to 27,009 between 2021 and 2024, a 1.6% change. About 41.6% of households rent today, against 46.9% in 2021.

Community

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Local insights

Tips for renters in ZIP 53403

About renting in ZIP 53403

Last updated: July 20, 2026

ZIP code 53403 covers Racine, WI. The median rent here is $1,358/mo as of July 2026. A 1-bedroom rents for a median of $1,000/mo. A 2-bedroom rents for a median of $1,310/mo.

At 27% of local median household income ($59,820/yr), ZIP 53403 ranks as affordable compared to the national benchmark of 30%. Rents have increased 24.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 53403?

As of July 20, 2026, the median monthly rent in ZIP 53403 (Racine, WI) is $1,358. This is based on aggregated data from public sources and community submissions.

How does ZIP 53403 rent compare to the US average?

ZIP 53403's median rent of $1,358/mo is $607 (31%) below the US national median of $1,965/mo.

How does ZIP 53403 compare to other ZIPs in Wisconsin?

ZIP 53403 falls in the middle range for Wisconsin, ranking #57 out of 107 ZIPs at $1,358/mo.

How much income do you need to rent in ZIP 53403?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (~$26/hour full-time) to afford the median rent of $1,358/mo in ZIP 53403. The local median household income is $59,820/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 53403?

Rent in ZIP 53403 has increased 24.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 53403 an affordable place to rent?

ZIP 53403 is considered affordable for renters. At $1,358/mo, rent takes approximately 27% of the local median household income ($59,820/yr). The standard benchmark is 30%. ZIP 53403 falls comfortably within that range.

What percentage of ZIP 53403 residents rent vs. own?

According to Census data, approximately 41.6% of ZIP 53403 households are renters, while 58.4% are owner-occupied. ZIP 53403 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 53403 compare to the rest of Racine?

ZIP 53403 is pricier than Racine as a whole. At $1,358/mo, it's $178 above the Racine citywide median of $1,180/mo.

When was rent data for ZIP 53403 last updated?

Rent data for ZIP 53403 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $1,358/mo, rent takes ~27% of ZIP 53403's median household income ($59,820/yr). The standard benchmark is 30%.

ZIP 53403 27%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53403 (Racine, WI)

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