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ZIP Code · WI

ZIP 53405

Part of Racine, WI
Pop. 26,793·Racine County·64th most expensive ZIP in Wisconsin
Median rent (all units)
$1,260/mo
Year-over-Year
Stable
Month-over-Month
+9.8%
vs US Median
-$670
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 53405 · $1,260
More affordable than 88% of US ZIP codes · National median $1,930/mo
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Medians by bedroom

Rent by unit size

Studio
$820
1 BR
$950
2 BR
$1,190
3 BR
$1,530
4 BR+
$1,890
Research median
$1,190/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: April 17, 2026

Annual cost
$15,120/yr
At $1,260/mo median
Location
CityRacine
StateWI
CountyRacine County
Demographics

Who lives here

ZIP 53405 (Racine, WI) is majority owner-occupied, 25.6% of residents hold a bachelor's degree or higher.

Population
26,793
Median income
$69,242
Median age
36.9
Renters
23.7%
Age distribution
24.3%
22.7%
24.5%
17.1%
Under 1824.3%
18–3422.7%
35–5424.5%
55–6411.3%
65+17.1%
Gender
47.4%
52.6%
Male47.4%
Female52.6%
Race & ethnicity
66.1%
17.5%
White66.1%
Black11%
Hispanic17.5%
Asian1.3%
Other4.1%
Education (25+)
29.2%
38%
25.6%
No HS diploma7.3%
HS diploma29.2%
Some college38%
Bachelor's+25.6%
Housing tenure
76.3%
23.7%
Owner76.3%
Renter23.7%

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

2021 vs 2026

How ZIP 53405 in Racine, WI has changed in 5 years

Income
$57,289 → $69,242
up 20.9%
Population
26,987 → 26,793
down 0.7%
Renter share
26.4% → 23.7%
-2.7 pts
Bachelor's+
24.7% → 25.6%
+0.9 pts

Household income in the area moved from $57,289 to $69,242 across the same window, up 20.9% versus 2021. Renters now make up 23.7% of households, compared with 26.4% five years ago.

Community

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Local insights

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About renting in ZIP 53405

Last updated: April 17, 2026

ZIP code 53405 covers Racine, WI. The median rent here is $1,260/mo as of April 2026. A 1-bedroom rents for a median of $950/mo. A 2-bedroom rents for a median of $1,190/mo.

At 22% of local median household income ($69,242/yr), ZIP 53405 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 53405?

As of April 17, 2026, the median monthly rent in ZIP 53405 (Racine, WI) is $1,260. This is based on aggregated data from public sources and community submissions.

How does ZIP 53405 rent compare to the US average?

ZIP 53405's median rent of $1,260/mo is $670 (35%) below the US national median of $1,930/mo.

How does ZIP 53405 compare to other ZIPs in Wisconsin?

ZIP 53405 falls in the middle range for Wisconsin, ranking #64 out of 108 ZIPs at $1,260/mo.

How much income do you need to rent in ZIP 53405?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (~$24/hour full-time) to afford the median rent of $1,260/mo in ZIP 53405. The local median household income is $69,242/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 53405?

Rent in ZIP 53405 has been relatively stable over the past year, with a 0.0% change year over year as of April 17, 2026.

Is ZIP 53405 an affordable place to rent?

ZIP 53405 is considered very affordable for renters. At $1,260/mo, rent takes approximately 22% of the local median household income ($69,242/yr). The standard benchmark is 30%. ZIP 53405 falls comfortably within that range.

What percentage of ZIP 53405 residents rent vs. own?

According to Census data, approximately 23.7% of ZIP 53405 households are renters, while 76.3% are owner-occupied. ZIP 53405 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 53405 compare to the rest of Racine?

ZIP 53405 is pricier than Racine as a whole. At $1,260/mo, it's $49 above the Racine citywide median of $1,211/mo.

When was rent data for ZIP 53405 last updated?

Rent data for ZIP 53405 reflects April 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Affordability
22%
VERY AFFORDABLE

At $1,260/mo, rent takes ~22% of ZIP 53405's median household income ($69,242/yr). The standard benchmark is 30%.

ZIP 53405 22%Benchmark 30%
State income tax3.5–7.65%
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Schools nearby

Public schools near ZIP 53405 (Racine, WI)

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