ZIP Code · WI

ZIP 53211

Part of Shorewood, WI

Pop. 34,234·Milwaukee County·42nd most expensive ZIP in Wisconsin

Median rent (all units)

$1,501/mo

Year-over-Year

+4.2%

Month-over-Month

+0.5%

vs US Median

-$431

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 53211 · $1,501

More affordable than 73% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,260

1 BR

$1,370

2 BR

$1,640

3 BR

$2,020

4 BR+

$2,190

Research median

$1,640/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

October. Asking rents in ZIP 53211 usually run 1.2% below trend in October and 1.1% above it in March, about $35 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 53211 is at its highest level since Zillow's records here began in December 2020.

Past year vs. the rest of Wisconsin

Rent in ZIP 53211 changed +4.2% over the year to September 2026. Across the 71 Wisconsin ZIP codes Zillow tracks, the typical change was +5.6%.

Recent direction

Rent has risen 3 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($75,256) is $1,881 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,640); a 3-bedroom is $2,020.

Cheaper nearby

ZIP 53212, 1 mile away, rents for 18% less ($1,227/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 53211. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,012/yr

At $1,501/mo median

Location

CityShorewood

StateWI

CountyMilwaukee County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.2% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 53211 (Shorewood, WI) is majority renter-occupied, skews toward younger working-age adults, 71.7% of residents hold a bachelor's degree or higher.

Population

34,234

Median income

$75,256

Median age

31.7

Renters

59.9%

Age distribution

14.4%

41.1%

20.1%

14.3%

Under 1814.4%

18–3441.1%

35–5420.1%

55–6410.1%

65+14.3%

Gender

48.8%

51.2%

Male48.8%

Female51.2%

Race & ethnicity

81.3%

White81.3%

Black4.1%

Hispanic6%

Asian4.8%

Other3.8%

Education (25+)

18.6%

71.7%

No HS diploma2%

HS diploma7.7%

Some college18.6%

Bachelor's+71.7%

Housing tenure

40.1%

59.9%

Owner40.1%

Renter59.9%

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

2021 vs 2026

How ZIP 53211 in Shorewood, WI has changed in 5 years

Rent

$1,144 → $1,501

up 31.2%

Income

$68,603 → $75,256

up 9.7%

Population

34,406 → 34,234

down 0.5%

Renter share

58% → 59.9%

+1.9 pts

Bachelor's+

73.6% → 71.7%

-1.9 pts

Median age

30.3 → 31.7

+1.4 yrs

Compared with 2021, rent in ZIP 53211 in Shorewood, WI has increased by $357 per month, settling near $1,501 after starting the period at $1,144. Census figures show median household income at $75,256 today, compared with $68,603 five years earlier. Rent outpaced income growth by roughly 21.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 59.9% of households rent today, against 58% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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About renting in ZIP 53211

Last updated: October 17, 2026

ZIP code 53211 covers Shorewood, WI. The median rent here is $1,501/mo as of October 2026. A 1-bedroom rents for a median of $1,370/mo. A 2-bedroom rents for a median of $1,640/mo.

At 24% of local median household income ($75,256/yr), ZIP 53211 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 53211?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (about $29/hour full-time) to afford the median rent of $1,501/mo in ZIP 53211. The local median household income is $75,256/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 53211?

Rent in ZIP 53211 has risen 4.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2020.

When is the cheapest time to rent in ZIP 53211?

Asking rents in ZIP 53211 are usually lowest in October, about 1.2% below their yearly trend, and highest in March, about 1.1% above it. At today's median that is a gap of roughly $35 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 53211 compare to other ZIPs in Wisconsin?

ZIP 53211 is in the middle among Wisconsin ZIP codes for rent, ranking #42 of 103 at $1,501/mo. Over the year to September 2026, rent in ZIP 53211 changed +4.2%, against a typical +5.6% across the 71 Wisconsin ZIP codes Zillow tracks.