Rental market snapshot for Racine, Wisconsin

Racine, Wisconsin Rental Property Market Overview

The average rent for an apartment in Racine is $1,076. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 4.8% over the past year.

Racine, Wisconsin is a city located on the shore of Lake Michigan in southeastern Wisconsin. The city has a population of over 78,000 people and is the fifth-largest city in the state. Racine is known for its manufacturing industry and is home to several major companies, including J.I. Case, S.C. Johnson, and Modine Manufacturing. The city also has a strong arts and culture scene, with several museums and theaters. Racine is located about 30 miles south of Milwaukee.

Last Updated December 23, 2022

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Average monthly rent graph in Racine Wisconsin | Cost of Living

  • The most expensive ZIP Code in Racine is 53402 with an average price of $1,470
  • The cheapest ZIP Code in Racine is 53403 with an average price of $725

Racine ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
153402$1,470
253405$1,400
353403$1,342
453404$875

Live near Racine, Wisconsin's Top Sights and Attractions

Solbraa Park is a beautiful park located on the shores of Lake Michigan. The park has a large playground, a picnic area, a walking trail, and a beach.

North Beach Park is a beautiful sandy beach on the shores of Lake Michigan. The park has a playground, picnic areas, and a pavilion. The beach is a great place to swim, sunbathe, or just enjoy the view.

Pritchard Park is a beautiful park located on the shores of Lake Michigan. The park features a large fountain, a playground, a picnic area, and a walking path.

Washington Bowl Park is a public park located on the shore of Lake Michigan in Racine, Wisconsin. The park features a large concrete bowl for swimming, a sand beach, a playground, and a picnic area.

Lockwood Park is a beautiful park located on the shores of Lake Michigan. The park has a large playground, a picnic area, a walking trail, and a beach.

Racine Park is a beautiful, historic park located on the shores of Lake Michigan. The park features a wide variety of amenities, including a playground, a swimming beach, a picnic area, and a band shell. The park is also home to a number of historic buildings, including a lighthouse, a gazebo, and a Victorian-style bathhouse.

Island Park is a beautiful park located on an island in the Racine harbor. The park is home to a variety of trees, flowers, and plants, as well as a playground, picnic areas, and a walking path. The views of the harbor and the city from the park are stunning, and the park is a great place to relax and enjoy the outdoors.

Lee Park is a beautiful park located on the shores of Lake Michigan. The park features a large fountain, a playground, a picnic area, and a walking path.

Racine, Wisconsin area median rent change by ZIP Code map

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How does Racine compare to other cities in Wisconsin ?

citymedian price
La Crosse$1,135
La Crosse$1,090
Saint Francis$2,118
Middleton$1,445

Average household income in Racine area graph - US Census

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The median household income in Racine in 2021 was $44,346. This represents a 13.5% change from 2011 when the median was $39,059.

#categorypercent
0Less than $10,0009.7%
1$10,000 to $14,9995.7%
2$15,000 to $19,9995.2%
3$20,000 to $24,9997.2%
4$25,000 to $29,9995.2%
5$30,000 to $34,9996.8%
6$35,000 to $39,9995.3%
7$40,000 to $44,9995.7%
8$45,000 to $49,9995.5%
9$50,000 to $59,9998.8%
10$60,000 to $74,99910.5%
11$75,000 to $99,99910.3%
12$100,000 to $124,9996.1%
13$125,000 to $149,9993.4%
14$150,000 to $199,9992.9%
15$200,000 or more1.8%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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