Cheap Apartments for Rent in Shorewood, WI from $500 (292 Rentals)

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Search the lowest-cost Apartments available for rent right now in Shorewood.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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4272 N Wilson
1 to 2 Bedroom Apartments

4272 N Wilson

4272 N Wilson DrShorewood, WI 53211
  • Utilities Included
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1714 E Beverly Rd
1 Bedroom Apartments

1714 E Beverly Rd

1714 E Beverly RdShorewood, WI 53211
  • Utilities Included
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1716 Newton Ave
1 to 2 Bedroom Apartments

1716 Newton Ave

1716 Newton AveShorewood, WI 53211
  • Utilities Included

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.

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Ardmore Terrace
1 to 2 Bedroom Apartments

Ardmore Terrace

4012-4046 N Wilson DrShorewood, WI 53211
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4244 N Wilson Dr
2 Bedroom Apartments

4244 N Wilson Dr

4244 N Wilson DrShorewood, WI 53211
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3807 N Prospect Ave
1 to 2 Bedroom Apartments

3807 N Prospect Ave

3807 N Prospect AveShorewood, WI 53211

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.

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A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

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The Lydell
Rent Specials
$916 - $3,234
Total Monthly Price

Total Monthly Price

Base Rent
$916 - $3,234
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Lydell

5905 N Lydell AveGlendale, WI 53217
Corporate Housing
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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.

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Showing Results 1-50, Page 1 of 6

Shorewood, WI Local Guide

Cheapest Available Shorewood Apartments for Rent

 

The cheapest available apartment rental in Shorewood, WI is a 3 Beds unit found at The Park at 1824 Student Apartments in the Haymarket neighborhood priced from $615. 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 ListingModel NameBed/BathPriced From
The Park at 1824 Student ApartmentsRenovated 3 Bedroom Apartment3BR,2BA$615
Parkside Commons Senior ApartmentsOne Bedroom1BR,1BA$698
Oakland PropertiesStudioStudio,1BA$750
1851 N Oakland Ave (18 Unit)1BR/1.0BA1BR,1BA$795
Maryland Arms ApartmentsStudioStudio,1BA$800
Edgeview ApartmentsTwo Bedroom2BR,1BA$850
Lake CrestInterior1BR,1BA$910
RW Apartments I and II2x2 965sf2BR,2BA$917
Royal Plaza Apartments1A1BR,1BA$925

Best Value Apartments for Rent in Shorewood, WI

As of April 23, 2026 the best value apartment in the Shorewood area is the $1.03 price per square foot Unit 1 Model at 1700 - 1702 N Farwell Ave in the in the Haymarket neighborhood starting from $1,950. The second greatest value Shorewood apartment is the 2000 E Newberry Blvd Model at 2000 E Newberry Blvd, Unit Lower starting at $1,850 with a $1.23 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1700 - 1702 N Farwell AveUnit 12BR,1.5BA$1.03
2000 E Newberry Blvd, Unit Lower2000 E Newberry Blvd3BR,1BA$1.23
1773 N Astor St, Unit lower flat1773 N Astor St3BR,1BA$1.16
1228 E Brady St, Unit A1228 E Brady St2BR,1BA$1.27
5211 N Santa Monica Blvd2 Beds, 1 bath2BR,1BA$1.30
Villager ApartmentsTwo Bedroom2BR,1.5BA$1.06
Edgeview ApartmentsTwo Bedroom2BR,1BA$0.88
3368-3374 N Booth St 6 unit2BR/1.0BA2BR,1BA$1.06
3935 N 13th St, Unit Lower3935 N 13th St2BR,1BA$0.99
The Park at 1824 Student ApartmentsRenovated 2 Bedroom Apartment2BR,1BA$1.17

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don'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.

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The 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.

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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.

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Quick 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.

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Shorewood, WI

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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 Oakland Properties 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 $698 at Parkside Commons Senior Apartments.

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 The Park at 1824 Student Apartments and starts from $615.

Expert Rental Resources

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.

Helpful Local Expert Guides

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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.

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The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, many of the Milwaukee neighborhoods profiled here have been home to friends and family.

decorative image for A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, Milwaukee's neighborhoods have been home to friends and family for years.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.