An inner rack structure for a saddle-ride type vehicle which can easily form an inner rack with a distinctive outward appearance. An inner rack opening that opens upwardly is provided in an upper cover, and an inner rack body portion formed to bulge in a forward direction is provided in the upper portion of a lower cover. The inner rack opening is covered from below and the front by the inner rack body portion, and the inner rack body portion is covered from a rear direction by a lower-side rear wall portion that extends downwardly from the inner rack opening of the upper cover, thereby forming an inner rack serving as a storage portion.