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Rental Market Trends in Shorewood, WI

What is the average rent in Shorewood, WI?

$1,362/month

Average Rent

743 Sq Ft

Average Apartment Size

+2.3%

Increase in the Last Year

Shorewood, WI Rental Market Overview

The average rent in Shorewood, WI is $1,362 per month. This is 17% lower than the national average rent of $1,645/month, making renting in Shorewood more affordable than most cities in the US.

  • Studio apartments in Shorewood average $957 per month.
  • One-bedroom apartments in Shorewood average $1,362 per month.
  • Two-bedroom apartments in Shorewood average $1,769 per month.
  • Three-bedroom apartments in Shorewood average $2,596 or more per month.

Data Updated: June 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$957/month
452 Sq Ft
One Bedroom
$1,362/month
743 Sq Ft
Two Bedroom
$1,769/month
1,095 Sq Ft
Three Bedroom
$2,596/month
1,594 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 2.3%, which averages out to $32 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Shorewood, WI
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Shorewood, WI
Percentage*
Rent Range
0% Below $700/month
10% $700 - $1,000/month
55% $1,001 - $1,500/month
10% $1,501 - $2,000/month
25% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Shorewood?

Based on current rent prices, Shorewood/Whitefish Bay is the most affordable neighborhood in Shorewood.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Shorewood/Whitefish Bay
$1,688/month
744 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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Shorewood/Whitefish Bay
$1,688/month
744 Sq Ft

Which Shorewood neighborhoods have the most rentals available?

The neighborhood in Shorewood with the most apartments available is Shorewood/Whitefish Bay .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Shorewood/Whitefish Bay
$1,688/month
744 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Shorewood, WI?

Because the average rent in Shorewood is $1,362, you’ll want to make about $4,540 per month or $54,480 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.

City

Shorewood, WI

143 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Shorewood, WI

Apartment Averages

Shorewood/Whitefish Bay

Shorewood, WI

Shorewood/Whitefish Bay

Shorewood, WI

Studio
$857/month
$857/month
One Bedroom
$1,232/month
$1,232/month
Two Bedroom
$1,675/month
$1,675/month
Three Bedroom
$2,639/month
$2,639/month
Search
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Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Glendale

    Glendale

  • West Milwaukee

    West Milwaukee

  • Brown Deer

    Brown Deer

  • Wauwatosa

    Wauwatosa

Apartment Communities in Shorewood We Think You'll Love

Mosaic on Oakland

Mosaic on Oakland

4175 N Oakland Ave,
Shorewood, WI 53211

2-3 Beds | $2,450 - $3,690

Colonial Court Apartments

Colonial Court Apartments

4544 N Wilson Dr,
Shorewood, WI 53211

Studio - 2 Beds | $950 - $1,585

Charleston East Apartments

Charleston East Apartments

4333 N Oakland Ave,
Milwaukee, WI 53211

2 Beds | $1,450 - $1,495

Oakland Properties

Oakland Properties

3438 N Oakland Ave,
Milwaukee, WI 53211

Studio - 2 Beds | $925 - $1,350

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Frequently Asked Questions

What is the average rent in Shorewood?

The average rent in Shorewood is $1,362 per month, which is 17.2% lower than the national average of $1,645.

Are rents going up or down in Shorewood?

Rents in Shorewood, WI are increasing, with prices up 2.3% year-over-year and $32 more per month.

What rent range is most common in Shorewood?

In Shorewood, WI, 55% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Wisconsin Shorewood Rental Trends

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity