Affordable & Income-Based Housing in Racine

Affordability in Racine, WI

According to Census ACS 5-Year data (2024), the median gross rent in Racine is $1,033 per month and the median household income is $57,740 per year, with renters making up 40% of households. Lease Lantern tracks 15 affordable properties totaling 1,152 units across the city, including HUD-assisted and income-restricted housing that can offer rents below the local market rate.

Safety

According to the Racine Police Department's data reported to the FBI Crime Data Explorer, Racine had a violent crime rate of 411 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

None of the 15 HUD-assisted properties in Racine are located in a FEMA-mapped high-risk flood zone, according to flood map data.

Getting Around Racine

According to Walk Score, the area around assisted properties in Racine scores a 49 (Car-Dependent) for walkability, 39 (Some Transit) for transit access, and 63 for bikeability.

• Walk Score: 49 - Car-Dependent. Most errands require a vehicle.
• Transit Score: 39 - Some Transit. A limited number of routes serve the area.
• Bike Score: 63 - Bikeable infrastructure is available for some trips.

These scores reflect the typical location of assisted properties in Racine and may vary by specific address.

Schools

According to the NCES Common Core of Data, 27 public schools across 3 districts serve Racine, including 17 elementary, 8 high schools, and 2 other schools. Quality and programs vary by school and district, so renters should check the assigned schools for any specific address they are considering.

Cost of Living

The median household income in Racine is $57,740 and the median monthly rent is $1,033, according to Census ACS 5-Year estimates. About 40% of households in the city rent their home.

Income-based housing in Racine can significantly reduce what renters pay each month. Rents at HUD-assisted and LIHTC properties are set based on area income limits, not market rates, making the 1,152 income-restricted units across the city an important resource for cost-burdened renters.

Environment and Flood Risk

All 15 HUD-assisted properties in Racine were mapped for flood zone exposure. None are located in a high-risk flood zone, according to flood risk data for these properties.