3377 N Oakland Ave
3377 N Oakland Ave,
Milwaukee, WI 53211
3-4 Beds | $2,399
Rental Market Trends in Shorewood, WI
What is the average rent in Shorewood, WI?
$1,355/month
Average Rent
782 Sq Ft
Average Apartment Size
+1.3%
Increase in the Last Year
As of July 2025, the average rent in Shorewood, WI is $1,355 per month. This is 17% lower than the national average rent of $1,636/month, making renting in Shorewood more affordable than most cities in the US. When you rent an apartment in Shorewood, you can expect to pay about $1,047 per month for a studio, $1,355 for a one-bedroom apartment, and around $1,714 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,538 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Shorewood, WI?
In the past year, rent has increased by 1.3%, which averages out to $18 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Shorewood, WI
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
16%
$700 - $1,000/month
47%
$1,001 - $1,500/month
11%
$1,501 - $2,000/month
26%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Shorewood?
Based on current rent prices, Shorewood/Whitefish Bay is the most affordable neighborhood in Shorewood.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Shorewood?
Based on current rent prices, Shorewood/Whitefish Bay is the most expensive neighborhood in Shorewood.
Neighborhood
Average Rent
Average Sq Ft
Which Shorewood neighborhoods have the most rentals available?
The neighborhood in Shorewood with the most apartments available is Shorewood/Whitefish Bay .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Shorewood, WI?
Because the average rent in Shorewood is $1,355, you’ll want to make about $4,516 per month or $54,192 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Shorewood, WI compare to other nearby cities and neighborhoods?
Use the tool below to compare Shorewood, WI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$863/month
$863/month
One Bedroom
$1,208/month
$1,208/month
Two Bedroom
$1,567/month
$1,567/month
Three Bedroom
$2,285/month
$2,285/month
Nearby City Rent Trends
Apartment communities in Shorewood we think you'll love
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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 June 2025.
* Percentages may not total 100 due to rounding.