Cheap Homes for Rent in Shorewood, WI from $800 (34 Rentals)

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

property at 2436 N 1st St

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

1 Bedroom, 1 Bath Condo for Rent

Available Now

2436 N 1st St, Unit A

2436 N 1st St
MilwaukeeWI53212
property at 2438 N 1st St

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

1 Bedroom, 1 Bath Townhome for Rent

Available Now

2438 N 1st St

MilwaukeeWI53212

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.

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.

property at 705 E Center St

$1,200 - $1,250

1 To 2 Bedroom Rentals

Available Now

705 E Center St

MilwaukeeWI53212

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.

property at 811 E Hadley St

$1,260

Total Monthly Price

Total Monthly Price

Base Rent
$1,260

Total Monthly Price
$1,260

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

811 E Hadley St

MilwaukeeWI53212
property at 2454 N Pierce St

$1,390

Total Monthly Price

Total Monthly Price

Base Rent
$1,390

Total Monthly Price
$1,390

2 Bedroom, 1 Bath Home for Rent

Available Now

2454 N Pierce St

MilwaukeeWI53212

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.

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. 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 ListingModel NameBed/BathPriced From
RW Apartments I and II1x1 683sf1BR,1BA$559
MLK Library Apartments1x11BR,1BA$560
Parkside Commons Senior ApartmentsOne Bedroom1BR,1BA$698
The Park at 1824 Student ApartmentsRenovated 3 Bedroom Apartment3BR,2BA$699
Royal Plaza ApartmentsStudioAStudio,1BA$825
1851 N Oakland Ave (18 Unit)1BR/1.0BA1BR,1BA$845
The AnnasonGarden Lower Level Studio Plus DenStudio,1BA$895
Oakland PropertiesStudioStudio,1BA$925
RiverwalkStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1900 N Oakland Ave, Unit A1900 N Oakland Ave4BR,2BA$0.94
2738 N Murray Ave, Unit 27382738 N Murray Ave3BR,1BA$1.00
San Rafael Apartments4BR/1.0BA4BR,1BA$1.15
2611-2613 N Stowell Ave3 Bedroom3BR,1.5BA$1.31
2457 N 1st St, Unit front rear unit2457 N 1st St2BR,1BA$0.60
2018 Oakland2BR/1.0BA2BR,1BA$1.19
329 E Garfield Ave, Unit 1329 E Garfield Ave2BR,1.5BA$1.23
3702 N 15th St, Unit Upper3702 N 15th St3BR,1BA$1.13
MLK Library Apartments1x11BR,1BA$0.71
The Park at 1824 Student ApartmentsStandard 2 Bedroom Apartment2BR,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 Article
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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.

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

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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

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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

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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

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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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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.

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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.

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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.

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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.