ZIP Code · WI

ZIP 53403

Part of Racine, WI

Pop. 27,009·Racine County·53rd most expensive ZIP in Wisconsin

Median rent (all units)

$1,415/mo

Year-over-Year

+7.6%

Month-over-Month

+2.1%

vs US Median

-$517

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 53403 · $1,415

More affordable than 79% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Wisconsin

Rent in ZIP 53403 changed +7.6% over the year to September 2026. Across the 71 Wisconsin ZIP codes Zillow tracks, the typical change was +5.6%.

Recent direction

Rent has risen 3 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($59,820) is $1,496 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,310); a 3-bedroom is $1,750.

Rank in Racine

2nd cheapest of 3 ZIP codes in Racine.

Cheaper nearby

ZIP 53404, 5 miles away, rents for 25% less ($1,068/mo), about $4,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 53403. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$16,980/yr

At $1,415/mo median

Location

CityRacine

StateWI

CountyRacine County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 7.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+7.6% YoY, +2.1% 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

Discussions about ZIP 53403

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Local insights

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About renting in ZIP 53403

Last updated: October 17, 2026

ZIP code 53403 covers Racine, WI. The median rent here is $1,415/mo as of October 2026. A 1-bedroom rents for a median of $1,000/mo. A 2-bedroom rents for a median of $1,310/mo.

At 28% of local median household income ($59,820/yr), ZIP 53403 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.6% over the past year.

FAQ

Frequently asked questions

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 $57,000/year (about $27/hour full-time) to afford the median rent of $1,415/mo in ZIP 53403. The local median household income is $59,820/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 53403?

Rent in ZIP 53403 has risen 7.6% over the past year.

How does ZIP 53403 compare to other ZIPs in Wisconsin?

ZIP 53403 is in the middle among Wisconsin ZIP codes for rent, ranking #53 of 103 at $1,415/mo. Over the year to September 2026, rent in ZIP 53403 changed +7.6%, against a typical +5.6% across the 71 Wisconsin ZIP codes Zillow tracks.