Cheap Apartments for Rent in Shorewood, WI from $500 (288 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
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1714 E Beverly Rd
1 Bedroom Apartments

1714 E Beverly Rd

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

1716 Newton Ave

1716 Newton AveShorewood, WI 53211
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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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The Danbury
1 to 2 Bedroom Apartments

The Danbury

4428 N Oakland AveShorewood, WI 53211
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3807 N Prospect
1 to 2 Bedroom Apartments

3807 N Prospect

3807 N Prospect AveShorewood, WI 53211

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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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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The Lydell
Rent Specials
$901 - $3,219
Total Monthly Price

Total Monthly Price

Base Rent
$901 - $3,219
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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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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An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Discover Milwaukee apartment living from Downtown lofts to affordable suburban homes. We detail neighborhoods near the four major employment hubs: urban, leafy, and everything in between.

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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 1 Bed unit found at RW Apartments I and II in the Haymarket neighborhood priced from $559. 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
RW Apartments I and II1x1 683sf1BR,1BA$559
Parkside Commons Senior ApartmentsOne Bedroom1BR,1BA$698
The Park at 1824 Student ApartmentsRenovated 3 Bedroom Apartment3BR,2BA$750
Royal Plaza ApartmentsStudioAStudio,1BA$825
Edgeview ApartmentsTwo Bedroom2BR,1BA$850
2637 N Cramer St0BR/1.0BAStudio,1BA$895
Casanova Apartments332-stuStudio,1BA$895
OaklandStudioStudio,1BA$899

Best Value Apartments for Rent in Shorewood, WI

As of June 09, 2026 the best value apartment in the Shorewood area is the $1.00 price per square foot 2738 N Murray Ave Model at 2738 N Murray Ave, Unit 2738 in the in the Haymarket neighborhood starting from $1,800. The second greatest value Shorewood apartment is the 3 Bedroom Model at 2611-2613 N Stowell Ave starting at $2,100 with a $1.31 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.
2738 N Murray Ave, Unit 27382738 N Murray Ave3BR,1BA$1.00
2611-2613 N Stowell Ave3 Bedroom3BR,1.5BA$1.31
2457 N 1st St, Unit front rear unit2457 N 1st St2BR,1BA$0.60
2945 N Frederick Ave, Unit Upper flat2945 N Frederick Ave3BR,1BA$1.16
3207 N 3rd St, Unit 32073207 N 3rd St4BR,1BA$1.06
Edgeview ApartmentsTwo Bedroom2BR,1BA$0.88
4378 N Wilson Dr, Unit # 44378 N Wilson Dr2BR,1BA$1.29
2911 N 9th St, Unit 2911-A2911 N 9th St2BR,1BA$1.13
The Park at 1824 Student ApartmentsRenovated 2 Bedroom Apartment2BR,1BA$1.27
1851 N Pulaski St, Unit B1851 N Pulaski St1BR,1BA$1.30

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Best Local Schools in
Shorewood, WI

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 Royal Plaza Apartments listed at $825.

How much is rent for a Cheap One Bedroom Shorewood Apartment?

The lowest price for a Cheap One Bedroom Shorewood Apartment is $559 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 The Park at 1824 Student Apartments and starts from $750.

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.

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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.

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An Insiders Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Written by: Tim Brown

Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.

Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.