How much does it cost to rent in Shorewood, WI?

As of May 2026, the median monthly rent in Shorewood, WI is $1,292. This figure is based on aggregated data from public sources and community-submitted rents.

Is Shorewood cheaper than other Wisconsin cities?

Shorewood falls in the middle range for Wisconsin, ranking #35 out of 61 cities at $1,292/mo.

When was Shorewood rent data last updated?

Shorewood rent data reflects May 2026 and was last refreshed on May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · WI

Shorewood

Name: Average Rent Prices in Shorewood, WI
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 13,627·35th most expensive in Wisconsin·Shorewood rents are up 6.2% over the past year

Median rent (all units)

$1,292/mo

Year-over-Year

+6.2%

Month-over-Month

-2.3%

vs US Median

-$638

Falling (Monthly)

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Most AffordableMost Expensive

Shorewood · $1,292

More affordable than 88% of US cities · National median $1,930/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,140

1 BR

$1,290

2 BR

$1,530

3 BR

$1,900

4 BR+

$2,070

Research median

$1,530/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: May 18, 2026

Annual cost

$15,504/yr

At $1,292/mo median

Market timing

Rents falling

Good time to negotiate or lock in a lease.

Demographics

Who lives here

Shorewood, WI is roughly split between renters and owners, 75.6% of residents hold a bachelor's degree or higher.

Population

13,627

Median income

$86,726

Median age

38.6

Renters

54.4%

Age distribution

19.1%

24.1%

25.4%

14%

17.4%

Under 1819.1%

18–3424.1%

35–5425.4%

55–6414%

65+17.4%

Gender

49.5%

50.5%

Male49.5%

Female50.5%

Race & ethnicity

79.4%

White79.4%

Black4%

Hispanic6.6%

Asian5.5%

Other4.5%

Education (25+)

15.2%

75.6%

No HS diploma2.3%

HS diploma7%

Some college15.2%

Bachelor's+75.6%

Housing tenure

45.6%

54.4%

Owner45.6%

Renter54.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Shorewood, WI has changed in 5 years

Income

$81,016 → $86,726

up 7.0%

Population

13,734 → 13,627

down 0.8%

Renter share

51.5% → 54.4%

+2.9 pts

Bachelor's+

78.5% → 75.6%

-2.9 pts

Median household income grew from $81,016 to $86,726 between 2021 and 2024, a 7.0% shift. About 54.4% of households rent today, against 51.5% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 78.5% to 75.6%.

Community

Discussions about Shorewood

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View Shorewood rent history (2015–2026) →

Salary vs rent

Can you afford rent in Shorewood on your salary?

At $1,292/mo, how Shorewood rent compares to typical pay (30% rule).

Registered Nurse

Avg $89,756/yr · Rent = 17.3% income

very comfortable

Elementary School Teacher

Avg $63,726/yr · Rent = 24.3% income

affordable

Police Officer

Avg $73,407/yr · Rent = 21.1% income

affordable

Software Developer

Avg $131,205/yr · Rent = 11.8% income

very comfortable

Lawyer

Avg $167,647/yr · Rent = 9.2% income

very comfortable

Firefighter

Avg $59,670/yr · Rent = 26% income

affordable

Truck Driver

Avg $53,875/yr · Rent = 28.8% income

affordable

Electrician

Avg $66,405/yr · Rent = 23.3% income

affordable

By apartment size

Shorewood rent by bedroom count

Median rent for each apartment size in Shorewood. Click any size for full breakdown.

Local insights

Tips for renters in Shorewood

About renting in Shorewood, WI

Last updated: May 18, 2026

The median rent in Shorewood is $1,292/mo as of May 2026. A studio apartment averages $1,140/mo while a 2-bedroom runs $1,530/mo. One-bedroom apartments average $1,290/mo and 3-bedroom units go for $1,900/mo.

At 18% of local median household income ($86,726/yr), Shorewood ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.2% over the past year.

FAQ

Frequently asked questions

Is Shorewood an affordable city for renters?

Shorewood is considered very affordable for renters. At $1,292/mo, rent takes approximately 18% of the local median household income ($86,726/yr). The standard benchmark is 30%. Shorewood falls comfortably within that range.

How much income do you need to rent in Shorewood?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (~$25/hour full-time) to afford the median rent of $1,292/mo in Shorewood. The local median household income is $86,726/yr, meaning the typical Shorewood household meets that threshold.

Is rent going up or down in Shorewood?

Rent in Shorewood has increased 6.2% over the past year as of May 2026, putting upward pressure on renter budgets.

How does Shorewood rent compare to other cities in Wisconsin?

Shorewood is middle-of-the-pack for Wisconsin for rent, ranking #35 out of 61 tracked cities at $1,292/mo.

What percentage of Shorewood residents rent vs. own?

According to Census data, approximately 54.4% of Shorewood households are renters, while 45.6% are owner-occupied. With a majority renter population, Shorewood has a strong rental market.

How does Shorewood rent compare to the national average?

Shorewood's median rent of $1,292/mo is $638 (33%) below the US national median of $1,930/mo. Within Wisconsin, it ranks #35 out of 61 tracked cities.

Affordability

18%

VERY AFFORDABLE

At $1,292/mo, rent takes ~18% of Shorewood's median household income ($86,726/yr). The standard benchmark is 30%.

Shorewood 18%Benchmark 30%

State income tax3.5–7.65%

Run the Shorewood affordability calculator →

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