Rent in Racine, WI
Across Racine's 7 ZIP codes, a 2-bedroom typically rents for about $1,102 a month, with figures from $982–$1,283. The highest typical rent is in 53408 ($1,283) and the lowest in 53404 ($982). 5 ZIPs have ZIP-level figures from HUD or Census; the other 2 use the county Fair Market Rent. Owner-occupied homes in Racine County pay about 1.63% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $926 | $890–$1,339 | 7 |
| 1 bed | $850 | $690–$1,036 | 7 |
| 2 beds | $1,102 | $982–$1,283 | 7 |
| 3 beds | $1,263 | $998–$1,639 | 7 |
| 4 beds | $1,855 | $996–$1,984 | 7 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Racine ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Racine, WI?
- About $1,102 a month: the median of the typical rents in 7 ZIP codes, which range from $982–$1,283. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Racine, WI?
- About $850 a month: the median of the typical rents in 7 ZIP codes, which range from $690–$1,036. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Racine, WI?
- About $1,263 a month: the median of the typical rents in 7 ZIP codes, which range from $998–$1,639. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Racine, WI?
- About $926 a month: the median of the typical rents in 7 ZIP codes, which range from $890–$1,339. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Racine, WI?
- About $1,855 a month: the median of the typical rents in 7 ZIP codes, which range from $996–$1,984. Figures are gross rent (rent plus tenant-paid utilities).
- Which Racine ZIP code has the highest rent?
- For a 2-bedroom, 53408 has the highest typical rent at $1,283 a month, and 53404 the lowest at $982.
- What is the property tax rate in Racine, WI?
- Owner-occupied homes in Racine County pay a typical 1.63% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Racine rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).