A somewhat uneven but still entertaining comedy-drama, The Rat Race, by director Robert Mulligan, co-stars Tony Curtis and Debbie Reynolds as Peter Hammond, Jr. and Peggy Brown, two performers who meet in New York and are thrown together by their mutual poverty. Peter arrives on a bus from the Midwest with his sax in hand and high hopes for a career. He gets a one-room walk-up and then meets Peggy, a dancer down on her luck who needs a place to stay. Ever the gentleman, Peter offers her space in his apartment and they string up a modesty curtain to divide their separate domains. But luck is not kind to Peter, right from the beginning. Some pranksters hose him down with cold water on his first trip into the city and he later gets his precious saxophone stolen by a trio of devious musicians/thieves. Peggy offers companionship in the face of difficulties, and before long the platonic relationship has distinct romantic overtones.
~ Eleanor Mannikka, All Movie Guide