Shorewood, Wisconsin Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Shorewood, Wisconsin rental market.
Shorewood, Wisconsin
Average Apartment Rent
$1,778
Y-o-Y Change in Average
Apartment Rent
4.1%
As of March 2026
Compared to a year ago, Shorewood, Wisconsin apartments have recorded a 4.1% rent increase.
Shorewood, Wisconsin Average apartment rent trend
Shorewood, Wisconsin Average Apartment Rent
Shorewood, Wisconsin Apartment rent ranges
At 48.28%, apartments priced $1,500 - $2,000 represent the bulk of Shorewood, Wisconsin rentals, while condos priced Over $3,000 hold the lowest share of the market – 5.91%.
Shorewood, Wisconsin Housing tenure**
Renters take up 52% of Shorewood, Wisconsin real estate, occupying a total of 3,481 units, while homeowners live in 3,200 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$54,940
Average household size of renter-occupied housing units**
1.64
Rental vacancy rate**
2.3%
Shorewood, Wisconsin Renter-occupied housing units by no. of bedrooms**
There are 1,590 rentals in Shorewood, Wisconsin with 2 beds making up the highest share of the market, at 46%. Units with No bedrooms, on the other hand, hold the lowest percentage (5%), amounting to 163 units. Overall, the median number of rooms in Shorewood, Wisconsin homes for rent is 4.
Shorewood, Wisconsin Renter-occupied units by age of householder**
Most condos for rent in Shorewood, Wisconsin are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 35 - 44 years age group (16%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
Shorewood, Wisconsin Renter-occupied housing units by family type**
Shorewood, Wisconsin Renter-occupied housing units by the presence of own children**
A total of 1,031 apartments for rent in Shorewood, Wisconsin, or 30% of all rentals are family households. Additionally, 15% of rental homes include children under the age of 18 – that’s 522 units. All in all, the median size of a renter-occupied household in Shorewood, Wisconsin is 1.64.
Shorewood, Wisconsin Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 68% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Shorewood, Wisconsin.
Shorewood, Wisconsin Renter-occupied units by year structure built**
The highest share of Shorewood, Wisconsin apartment rentals, namely 37% or 1,282 units, were Built 1939 or earlier, followed by those Built 2010 - 2019 (13%, 438 units), and the ones Built 1940 - 1949 (12%, 415 units).
Shorewood, Wisconsin Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Shorewood, Wisconsin renters (39%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Shorewood, Wisconsin condos for rent is 2017.
Shorewood, Wisconsin Renter-occupied housing units by vehicles available**
When it comes to transportation options, 59% of Shorewood, Wisconsin renters have 1 vehicle available per household, 19% of them have 2 vehicles available, and 19% have No vehicle available.
Shorewood, Wisconsin Means of transportation to work of householders living in renter-occupied housing units**
Shorewood, Wisconsin Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Shorewood, Wisconsin apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
