The Atwater
2400 E Capitol Dr,
Shorewood, WI 53211
$1,740 - $2,225 | 1-2 Beds
Shorewood
Shorewood, WI
Area Guide
A delightful lakefront community in the Milwaukee suburbs
Suburb
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Commuter
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Schools
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Safe
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Low Crime
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College
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Lake
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River
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Parks
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Nature
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Outdoors
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Historic
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Affordable
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Shorewood is a large village just north of Milwaukee, bordered by the Milwaukee River to the West and Lake Michigan to the East. The close proximity to the city, low crime rate, and highly-rated public schools combine to make Shorewood one of the most popular communities in the region for commuters, especially those raising families.
The landscape is mainly composed of residential neighborhoods, with a mix of apartments, condos, and single-family homes making up the diverse rental market. Oakland Avenue runs through the center of town, forming the commercial backbone of the community—charming cafes and unpretentious neighborhood bars intermingle with supermarkets and specialty shops within just a few blocks of most residents. The University of Wisconsin – Milwaukee sits just off the south side of the village, making it an excellent location for students, faculty, and staff.
Rent Trends
As of March 2025, the average apartment rent in Shorewood, WI is $955 for a studio, $1,350 for one bedroom, $1,691 for two bedrooms, and $2,646 for three bedrooms. Apartment rent in Shorewood has increased by 4.8% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,350/month
759 Sq Ft
Transportation
71
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
77
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Schools
Public
Grades PK-6
508 Students
7
Public
Grades PK-6
478 Students
7
Public
Grades 7-8
287 Students
4
Public
Grades 9-12
636 Students
8
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Urban Ecology Center-Riverside Park
- Lincoln Park - Glendale
- The Milwaukee Art Museum
- Betty Brinn Children's Museum
- The Pabst Theater
Military Bases
Airports
- General Mitchell International
Top Apartments in Shorewood
Houses for Rent in Shorewood
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.