
Cheap Homes for Rent in Shorewood, WI from $800 (34 Rentals)
Search the lowest-cost Homes available for rent right now in Shorewood.


3747-49 N 16th St

2436 N 1st St, Unit A

2438 N 1st St

2605 N Frederick Ave, Unit 209

2536 N Richards St, Unit 1st floor

2859 N Fratney St

3373 N Richards St
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.

829 E Clarke St, Unit 2R

2724 N Palmer St

4006 N Farwell Ave, Unit 17

4002 N Farwell Ave, Unit 8

2716 N Buffum St

3908 N 6th St

2719 N 1st St

2222 E Belleview Pl
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.

3721 N 2nd St

4048 N 7th St

2930 N 1st St, Unit Lower

1140 E Hamilton St

2131 N Summit Ave, Unit 202

1720 E Newton Ave, Unit 10

1154 E Singer Cir, Unit 2

705 E Center 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.

811 E Hadley St

436 W Burleigh St, Unit A

1704 E Locust St, Unit 7

2728 N Vel R. Phillips Ave

2260 N Summit Ave, Unit 310

2454 N Pierce St

2573 N Bartlett Ave

3817 N Humboldt Ave, Unit 5
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.

4540 N Larkin St

2320 N Booth St
Shorewood, WI Local Guide

How much does it cost to rent a home in Shorewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shorewood 2 Bedroom Homes for Rent | $1,584 | $875 | $3,299 |
| Shorewood 3 Bedroom Homes for Rent | $2,014 | $1,348 | $3,445 |
| Shorewood 4 Bedroom Homes for Rent | $2,927 | $1,800 | $5,495 |
Browse Top Homes for Rent in Shorewood
Explore Shorewood
Shorewood, WI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. MLK Library Apartments in the Haymarket neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. 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 683sf | 1BR,1BA | $559 |
| MLK Library Apartments | 1x1 | 1BR,1BA | $560 |
| Parkside Commons Senior Apartments | One Bedroom | 1BR,1BA | $698 |
| The Park at 1824 Student Apartments | Renovated 3 Bedroom Apartment | 3BR,2BA | $699 |
| Royal Plaza Apartments | StudioA | Studio,1BA | $825 |
| 1851 N Oakland Ave (18 Unit) | 1BR/1.0BA | 1BR,1BA | $845 |
| The Annason | Garden Lower Level Studio Plus Den | Studio,1BA | $895 |
| Oakland Properties | Studio | Studio,1BA | $925 |
| Riverwalk | Studio | Studio,1BA | $935 |
Best Value Apartments for Rent in Shorewood, WI
As of July 05, 2026 the best value apartment in the Shorewood area is the $0.94 price per square foot 1900 N Oakland Ave Model at 1900 N Oakland Ave, Unit A in the in the Haymarket neighborhood starting from $1,700. The second greatest value Shorewood apartment is the 2738 N Murray Ave Model at 2738 N Murray Ave, Unit 2738 starting at $1,800 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. |
|---|---|---|---|
| 1900 N Oakland Ave, Unit A | 1900 N Oakland Ave | 4BR,2BA | $0.94 |
| 2738 N Murray Ave, Unit 2738 | 2738 N Murray Ave | 3BR,1BA | $1.00 |
| San Rafael Apartments | 4BR/1.0BA | 4BR,1BA | $1.15 |
| 2611-2613 N Stowell Ave | 3 Bedroom | 3BR,1.5BA | $1.31 |
| 2457 N 1st St, Unit front rear unit | 2457 N 1st St | 2BR,1BA | $0.60 |
| 2018 Oakland | 2BR/1.0BA | 2BR,1BA | $1.19 |
| 329 E Garfield Ave, Unit 1 | 329 E Garfield Ave | 2BR,1.5BA | $1.23 |
| 3702 N 15th St, Unit Upper | 3702 N 15th St | 3BR,1BA | $1.13 |
| MLK Library Apartments | 1x1 | 1BR,1BA | $0.71 |
| The Park at 1824 Student Apartments | Standard 2 Bedroom Apartment | 2BR,1BA | $1.21 |
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.
Read ArticleReal 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.
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
Frequently Asked Questions about Shorewood
What type of rentals are currently available in Shorewood?
There are currently 746 Apartments for Rent in Shorewood, WI with pricing that ranges from $559 to $10,000. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shorewood ranging from $870 to $5,495.
What is the current price range for Rental Homes in Shorewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shorewood ranges from $870 to $5,495 with an average monthly rent of $1,796.
How much are larger Three and Four Bedroom Rentals in Shorewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shorewood range from $649 to $6,788, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,348 to $3,445. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,450.
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

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.

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.

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.

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.