
Cheap Apartments for Rent in Shorewood, WI from $500 (222 Rentals)
Search the lowest-cost Apartments available for rent right now in Shorewood.


Fountainview

Villager Apartments

3831 N Frederick Ave

Oakland Avenue Apartments

Jarvis Street Apartments

Shorewood East Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

MLK Library Apartments

RW Apartments I and II

Parkside Commons Senior Apartments

Humboldt Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Royal Plaza Apartments

Maryland Arms Apartments

2523-23B N Bremen St

2010 N Oakland Ave, Unit C

The Shorecrest

Edgeview Apartments

Prospective

3627 N 1st St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Cumberland Apartments

River Rise Apartments

Casanova Apartments

4368 N 17th St

Cambridge Manor Apartments

Maryland Park Apartments

3019 N 9th St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Prospect East Apartments

Edgewater Apartments

Carriage Court

Royall Villas

3176 N Richards St

1660 N Arlington Pl

2932 N Holton St

Park Village Apartments

Belleview Terrace Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Shorewood, WI Local Guide

How much does it cost to rent an apartment in Shorewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Shorewood Studio Apartments | $1,347 | $720 | $2,408 |
| Cheap Shorewood 1 Bedroom Apartments | $1,582 | $513 | $3,554 |
| Cheap Shorewood 2 Bedroom Apartments | $2,087 | $612 | $5,900 |
| Cheap Shorewood 3 Bedroom Apartments | $2,508 | $1,075 | $7,184 |
| Cheap Shorewood 4 Bedroom Apartments | $2,076 | $950 | $2,950 |
Browse Top Apartments in Shorewood
See all Apartments in ShorewoodExplore Shorewood
Shorewood, WI Local Guide
- Nearby Cities
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Cheapest Available Shorewood Apartments for Rent
 The cheapest available apartment rental in Shorewood, WI is a 1 Bed unit found at RW Apartments I and II in the Haymarket neighborhood priced from $513. Parkside Commons Senior Apartments in the Estabrook Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $698. Here is today’s list of the most affordable Shorewood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RW Apartments I and II | 1x1 674sf | 1BR,1BA | $513 |
| Parkside Commons Senior Apartments | One Bedroom | 1BR,1BA | $698 |
| Maryland Arms Apartments | Studio | Studio,1BA | $750 |
| 1851 N Oakland Ave (18 Unit) | 1/1 | 1BR,1BA | $845 |
| Edgeview Apartments | Two Bedroom | 2BR,1BA | $850 |
| Prospective | Studio | Studio,1BA | $850 |
| Ivanhoe | Studio | Studio,1BA | $875 |
| Oakland | 1 Bed / 1 Bath | 1BR,1BA | $890 |
| Oakview Manor | One Bedroom One Bath-1 | 1BR,1BA | $895 |
Best Value Apartments for Rent in Shorewood, WI
As of November 11, 2025 the best value apartment in the Shorewood area is the $1.04 price per square foot 2700 N Prospect Ave Model at 2700 N Prospect Ave, Unit 2700 in the in the Haymarket neighborhood starting from $2,500. The second greatest value Shorewood apartment is the 1726 N Arlington Pl Model at 1726 N Arlington Pl, Unit LowerUnit starting at $1,495 with a $1.00 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Shorewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2700 N Prospect Ave, Unit 2700 | 2700 N Prospect Ave | 4BR,2BA | $1.04 |
| 1726 N Arlington Pl, Unit LowerUnit | 1726 N Arlington Pl | 3BR,1BA | $1.00 |
| 2457 N 1st St, Unit front rear unit | 2457 N 1st St | 2BR,1BA | $0.60 |
| 312 E Townsend St, Unit 312 e. Townsend | 312 E Townsend St | 3BR,1BA | $0.89 |
| 3352 N Richards St | 3352 N Richards St | 2BR,1BA | $1.04 |
| Oakland Manor | 2 Bedroom 1 Bath | 2BR,1BA | $1.03 |
| Villager Apartments | Two Bedroom | 2BR,1.5BA | $1.01 |
| 3718 N 2nd Ln, Unit 1 | 3718 N 2nd Ln | 2BR,1BA | $0.95 |
| Edgeview Apartments | Two Bedroom | 2BR,1BA | $0.88 |
| 4059 N 7th St, Unit 1 | 4059 N 7th St | 1BR,1BA | $1.05 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Shorewood, WI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shorewood, WI Rentals by Map
See the most popular apartments and homes in Shorewood, WI
Getting Around Shorewood, WI
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Shorewood Apartments
What is the Cheapest Studio apartment in Shorewood?
Currently the most affordable Cheap Studio Apartment in Shorewood is at Maryland Arms Apartments listed at $750.
How much is rent for a Cheap One Bedroom Shorewood Apartment?
The lowest price for a Cheap One Bedroom Shorewood Apartment is $513 at RW Apartments I and II.
What is the lowest price for a Cheap Two Bedroom Shorewood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shorewood is starting from $850 at Edgeview Apartments.
What is the most affordable Shorewood Three Bedroom Apartment?
The best deal on a cheap Shorewood Three Bedroom Apartment rental is at 800 E Chambers St./3010 N Fratney St. (6 U and starts from $1,095.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Finding The Best Affordable Milwaukee Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.














