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Studio Apartments for Rent in Shorewood, WI

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  • /35

    Starting at $1,075 Per Month

    • Studio - 2 Beds

    4544 N Wilson Dr, Shorewood, WI 53211

    With its attractive park-like setting, Colonial Court Apartments is conveniently located close to shopping, restaurants and recreation. Although minutes away from both I-43 and downtown and just steps from the bus line, over 100 acres of green space is yours to explore immediately across the street in Estabrook Park. Enjoy the bike and walking trails, dog run, disc golf and beer garden that are

    Colonial Court Apartments

    4544 N Wilson Dr, Shorewood, WI 53211
  • /35

    Starting at $895 Per Month

    • Studio - 2 Beds

    3950 N Farwell Ave, Milwaukee, WI 53211

    Casanova Apartments offers studio, 1 and 2 bedroom units

    Casanova Apartments

    3950 N Farwell Ave, Milwaukee, WI 53211
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    Starting at $1,579 Per Month

    • Studio - 3 Beds

    3909 N Murray Ave, Shorewood, WI 53211

    Experience Living In This Beautiful High-Rise Apartment Community Conveniently Located In The Village of Shorewood

    Fountainview

    3909 N Murray Ave, Shorewood, WI 53211

Why Live in Shorewood

Shorewood is a North Shore village between Lake Michigan and the Milwaukee River that attracts buyers with its waterfront setting, strong schools and convenient location near downtown Milwaukee. The community is largely built out, giving it a well-established feel and a housing stock dominated by homes from the 1940s and postwar years. Buyers can find everything from Cape Cods and ranch-style homes to larger colonial and Tudor-style homes, along with condos and duplexes that provide a range of price points.

The Shorewood School District is one of the village's biggest draws, earning top ratings and a reputation for academic excellence. Shorewood High School is particularly known for its Advanced Placement opportunities and highly regarded drama program. Outdoor recreation is another major highlight. Residents enjoy easy access to Lake Michigan and the Milwaukee River, while parks like Atwater Park and Estabrook Park offer beaches, sports facilities and gathering spaces. The village's walkable streets, public transit options and quick access to Interstate 43 make it easy to get around.

Local restaurants, bakeries and shops line Oakland Avenue and Capitol Drive, creating a vibrant neighborhood atmosphere. Throughout the year, community events, holiday celebrations and the Shorewood Farmers Market help bring residents together.

Frequently Asked Questions

How much does it cost to rent a home in Shorewood, WI?
The median rent for a home in Shorewood, WI is $1,700 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Shorewood, WI?
To comfortably afford the median rent in Shorewood, WI, a household needs to earn roughly $68,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,700 per month in Shorewood, WI, renters typically need to show $5,100 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Shorewood, WI?
In Shorewood, WI, the price-to-rent ratio is 29.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Shorewood, WI are best for renting a home?
The best neighborhood for renting in Shorewood, WI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Lower East Side, East Town and Historic Third Ward, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,700
Median Single Family Home Rent
$1,650
Median Condo Rent
$1,700
How to Rent a Home