Rent in Racine, WI at a glance
2-bedroom rent (HUD)
$1,235$14,820 a year · HUD fiscal year 2026From October 1, 2026: $1,283 (+3.9%)How much rent can you afford in Racine, WI?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Racine, WI by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $851 | $10,212 | $34,040 | $16.37/hr |
| 1 bedroom | $988 | $11,856 | $39,520 | $19.00/hr |
| 2 bedroomsMost searched | $1,235 | $14,820 | $49,400 | $23.75/hr |
| 3 bedrooms | $1,592 | $19,104 | $63,680 | $30.62/hr |
| 4 bedrooms | $1,962 | $23,544 | $78,480 | $37.73/hr |
Living and working in Racine, WI
Rent in Racine, WI: common questions
How much is rent going up in Racine, WI in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,283 for a two-bedroom, up 3.9% from $1,235. A one-bedroom goes from $988 to $1,036, a studio from $851 to $926.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Racine, WI?
HUD's Fair Market Rent for 2026 is $988 for a one-bedroom and $1,235 for a two-bedroom, utilities included. That is $14,820 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Racine, WI?
To keep a $1,235 two-bedroom at 30% of gross pay, one full-time worker needs $23.75 an hour, or $49,400 a year. A one-bedroom at $988 takes $19.00 an hour.
How much is a 1, 2 or 3-bedroom apartment in Racine, WI?
At HUD's 2026 Fair Market Rent: studio $851, one bedroom $988, two $1,235, three $1,592 and four $1,962 a month.
Is rent affordable in Racine, WI?
For the typical household, earning $57,740 a year ($4,812 a month, Census ACS), a two-bedroom at $1,235 takes 25.7% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,235 × 12) ÷ 0.30 = $49,400. Divided by 2,080 working hours, that is $23.75 an hour.