Rent Tracker
Rent Inflation in Racine, WI
The average asking rent in Racine, WI is $1,456/month as of 2026-08. That is +5.6% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,456/mo
as of 2026-08
Year-over-Year Change
+5.6%
24-Month Rent Trend
Monthly ZORI index values for Racine, WI.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $1,456 | +0.90% |
| 2026-07 | $1,443 | +1.12% |
| 2026-06 | $1,427 | +0.63% |
| 2026-05 | $1,418 | -0.14% |
| 2026-04 | $1,420 | +1.50% |
| 2026-03 | $1,399 | +0.94% |
| 2026-02 | $1,386 | +0.80% |
| 2026-01 | $1,375 | -0.36% |
| 2025-12 | $1,380 | -0.86% |
| 2025-11 | $1,392 | +0.00% |
| 2025-10 | $1,392 | +1.53% |
| 2025-09 | $1,371 | -0.58% |
| 2025-08 | $1,379 | +0.51% |
| 2025-07 | $1,372 | -0.58% |
| 2025-06 | $1,380 | +1.32% |
| 2025-05 | $1,362 | +0.59% |
| 2025-04 | $1,354 | +0.52% |
| 2025-03 | $1,347 | +0.97% |
| 2025-02 | $1,334 | +0.00% |
| 2025-01 | $1,334 | +1.52% |
| 2024-12 | $1,314 | -0.08% |
| 2024-11 | $1,315 | +0.00% |
| 2024-10 | $1,315 | -1.13% |
| 2024-09 | $1,330 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
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Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices