Rent to own Homes in Racine, WI

The city of Racine, Wisconsin, located on the shores of Lake Michigan in Racine County, has a population of 78,303 people. The story goes that a fleet of eight canoes carrying a party of French explorers entered the head of Root River ("root" is "racine" in french), making the French the first Europeans known to visit the area now known as Racine County. Years later, but before the Civil War, this area was known for its strong opposition to slavery. In fact, the Underground Railroad that passed through the city helped many slaves escape to freedom. One of the area's most famous incidents involved a slave by the name of Joshua Glover, who had escaped the South and made a home in Racine where he was arrested in 1854 and jailed by federal marshals. One hundred men from Racine and thousands more from around the state rallied together, broke into the jail and freed Mr. Glover, ultimately helping him make his escape to Canada. The people of Racine have always fought for freedom, independence and equality, no matter your gender or race. If you want to live in Racine, chances are you'll be able to find a rental home or a place to buy.

Racine, WI is a great place for affordable rent-to-own homes! With a median household income of over $44,346 and a median rent of $860, the Racine, WI rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Racine, WI. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Racine, WI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
6328 49TH AVE
Rent To Own
Forest Park
Single Family Home
Kenosha, WI 53142
3
1
1025 ft2
1953
8609 LAKESHORE DR
Rent To Own
 
Single Family Home
Pleasant Prairie, WI 53158
3
3
2027 ft2
2017
1 of 25 819 E LINCOLN AVE
Rent To Own
Bay View
Single Family Home
Milwaukee, WI 53207
3
1
982 ft2
1898
Hot
2015 ROLLING RIDGE LN
Rent To Own
Lindenhurst
Single Family Home
Lindenhurst, IL 60046
2
2
1475 ft2
1961
1408 KENMORE AVE
Rent To Own
Round Lake Beach Ridgewood
Single Family Home
Round Lake Beach, IL 60073
3
1
968 ft2
1955
1200 WESTFIELD WAY
Rent To Own
Town And Country
Single Family Home
Mundelein, IL 60060
4
3
3379 ft2
1997
2509 JILLS DR
Rent To Own
Meadowbrook Heights
Single Family Home
Waukesha, WI 53188
3
2
1238 ft2
1999
Hot
2008 TYLER TRL
Rent To Own
Mchenry
Single Family Home
Mchenry, IL 60051
3
3
1981 ft2
2006
New
4410 WASHINGTON AVE
Rent to Own Eligible
 
Single Family Home
Racine, WI 53405
2
2
1162 ft2
1954
3411 16TH ST
Rent to Own Eligible
 
Single Family Home
Racine, WI 53405
2
1
1102 ft2
1930
333 LAKE AVE #302
Rent to Own Eligible
 
Townhouse/Condo
Racine, WI 53403
2
1
1601 ft2
1989
New
2023 N GREEN BAY RD
Rent to Own Eligible
 
Single Family Home
Mount Pleasant, WI 53405
4
3
1971 ft2
1938
New
3431 TWIN LN
Rent to Own Eligible
 
Single Family Home
Racine, WI 53406
3
2
1484 ft2
1961
New
7205 MARINER DR
Rent to Own Eligible
 
Single Family Home
Mount Pleasant, WI 53406
2
2
1260 ft2
1987
1021 PRAIRIE DR #201
Rent to Own Eligible
 
Townhouse/Condo
Mount Pleasant, WI 53406
3
2
1682 ft2
1991
333 LAKE AVE #201
Rent to Own Eligible
 
Townhouse/Condo
Racine, WI 53403
2
2
1500 ft2
1989
1041 Prairie Dr
Rent to Own Eligible
 
Townhouse/Condo
Mount Pleasant, WI 53406
3
2
1682 ft2
1991
Hot New
1827 CHATHAM ST
Rent to Own Eligible
 
Single Family Home
Racine, WI 53402
2
1
927 ft2
1896
New
333 LAKE AVE #805
Rent to Own Eligible
 
Townhouse/Condo
Racine, WI 53403
3
3
2724 ft2
1989
New
309 BELMONT AVE
Rent to Own Eligible
 
Single Family Home
Racine, WI 53405
2
1
725 ft2
1946
3129 TERRACE HIGH
Rent to Own Eligible
 
Single Family Home
Caledonia, WI 53406
3
4
2800 ft2
1987
3608 SOVEREIGN DR
Rent to Own Eligible
 
Single Family Home
Racine, WI 53406
3
1
1436 ft2
1971
3818 Cheyenne Ct
Rent to Own Eligible
 
Townhouse/Condo
Caledonia, WI 53404
2
2
1008 ft2
1982
New
35 HARBORVIEW DR #103
Rent to Own Eligible
 
Townhouse/Condo
Racine, WI 53403
1
1
952 ft2
1990
New
918 VILLA ST
Rent to Own Eligible
 
Townhouse/Condo
Racine, WI 53403
4
2
2102 ft2
1840
5811 CHUKAR LN #102L
Rent to Own Eligible
 
Townhouse/Condo
Mount Pleasant, WI 53406
2
2
1368 ft2
1989
3606 WASHINGTON AVE
Rent to Own Eligible
 
Single Family Home
Racine, WI 53405
3
1
1740 ft2
1921
New
700 BELMONT AVE
Rent to Own Eligible
 
Single Family Home
Racine, WI 53405
3
1
1346 ft2
1920
New
1915 BROUGHAM LN
Rent to Own Eligible
 
Single Family Home
Mount Pleasant, WI 53406
4
3
2469 ft2
2005
333 Lake Ave
Rent to Own Eligible
 
Townhouse/Condo
Racine, WI 53403
2
2
1600 ft2
1989
New
3776 N BAY DR
Rent to Own Eligible
 
Single Family Home
Racine, WI 53402
3
2
2180 ft2
1975
5803 Cambridge Cir
Rent to Own Eligible
 
Townhouse/Condo
Mount Pleasant, WI 53406
2
2
1381 ft2
1978
6203 SPRING ST
Rent to Own Eligible
 
Single Family Home
Mount Pleasant, WI 53406
3
1
1104 ft2
1940
1 of 19 2850 EISENHOWER DR
Rent to Own Eligible
 
Single Family Home
Racine, WI 53405
2
1
1013 ft2
1946
3060 OLD MILL DR
Rent to Own Eligible
River Bluff
Single Family Home
Racine, WI 53405
3
2
2407 ft2
1991
465 DENA CIR
Rent to Own Eligible
 
Single Family Home
Racine, WI 53402
2
2
2501 ft2
1990
Hot
1 of 23 3310 NORTHWESTERN AVE
Rent to Own Eligible
 
Single Family Home
Racine, WI 53404
3
2
1912 ft2
1915
6427 SAN MARINO DR
Rent to Own Eligible
 
Single Family Home
Mount Pleasant, WI 53406
4
4
2697 ft2
2008
1 of 25 6004 TREFOIL CIR
Rent to Own Eligible
 
Single Family Home
Caledonia, WI 53406
3
2
1778 ft2
2016
New
5616 Cambridge Ln
Rent to Own Eligible
 
Townhouse/Condo
Mount Pleasant, WI 53406
3
2
1260 ft2
1980
1520 Raintree Ln
Rent to Own Eligible
 
Townhouse/Condo
Mount Pleasant, WI 53406
3
2
1714 ft2
2004
New
4622 OAKDALE DR
Rent to Own Eligible
 
Single Family Home
Caledonia, WI 53405
3
3
2088 ft2
1997
6541 MARINER DR #2
Rent to Own Eligible
 
Townhouse/Condo
Mount Pleasant, WI 53406
2
2
1322 ft2
1990
New
111 11TH ST #6D1N
Rent to Own Eligible
 
Townhouse/Condo
Racine, WI 53403
3
2
2183 ft2
1972
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Buying a Home in Racine, WI

Racine, WI is seeing rapid growth and Racine, WI's' housing market remains optimal with an average home price that is -47% below the 2024 national average. Racine, WI is part of Racine county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Racine is 1.89% which is above the national average, which is 0.99%.

Median Home Price in Racine, WI

Median Rent in Racine, WI

Rent to own homes offer low monthly payments and flexible terms.

Top Reasons to Live in Racine WI

Housing Statistics The median home sale price in Racine is $121,100. The median price for rent is $744 per month, so it's not hard to see why 32.15% of the population chooses to rent instead of buying their own home. The vacancy rates are a low 6.39%, which is always a good sign for any neighborhood or community. Racine is a great place to find a rental home or to rent an apartment.

Local Events and Festivals There is never a shortage of things to do in Racine. The annual 4th of July fireworks parade and festival brings in over 100,000 people and can be seen all along Racine's lakefront, which stretches for miles. Some of these areas include North Beach, Knapp Park, Zoo Beach, Gaslight Pointe, Festival Park and Harbor Park. As you might have surmised, Lake Michigan is a huge attraction in this area and many locals enjoy boating, waterskiing, jet skiing, fishing or just strolling along the shores. There is also the Animal Crackers Jazz Series, which is held five times throughout the summer at the Racine Zoological Gardens and is extremely popular. The Great Lakes Brew Fest is also a local favorite held every year in September that features great beer from the Great Lakes as a charity benefiting Kilties and Drum Bugle Corp of Racine.

Arts and Culture Are you an arts lover looking to live in Racine? You won't find any shortage of creative people making beautiful and interesting work. The Racine Art Museum is home to a huge selection of crafts from different artists. The city's art isn't just contained in a museum, though; artists in the town are taking to the streets to turn one part of town into the Uptown Racine Arts District, where local artists get to decorate the streets and different facets of the city.

Racine Neighborhoods Racine has many different neighborhoods - each filled with residences you can rent, own, or rent to own. Here are two you should know about: