States › Wisconsin › Shorewood

Is Shorewood, WI expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,55012% lower than U.S. average
💵 Families earn per year (2026)$93,534about $7,795/month · 7% higher than U.S. average
🔑 House price$443,70033% higher than U.S. average

Rent is lower than in 55% of U.S. cities. A typical house costs about 4.7 years of household income. It is a highly educated city: 75.6% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $62,000 a year. That is $30 an hour at a full-time job.

Is rent cheaper than other Wisconsin cities?

No. Rent here is more expensive than in most of Wisconsin. It is number 108 of 156 cities from cheapest to most expensive.

Shorewood
$1,550
Glendale
$1,622
Harrison
$1,602
Plover
$1,221
Allouez
$1,006
Stoughton
$1,480
Greenville
$1,417

How much do households earn in Shorewood?

Under $25k
12.5%
$25k–50k
18.4%
$50k–100k
26.2%
$100k–150k
17.7%
$150k+
20.1%

Share of households by yearly income. 37.8% of households earn $100,000 or more.

Rent by apartment size in Shorewood

SizeShorewoodU.S. average
Studio$1,395$1,338
1 bedroom$1,078$1,324
2 bedrooms$1,623$1,509
3 bedrooms$2,119$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Shorewood overall?

Everyday prices in Wisconsin overall are 6% below the U.S. average (index 94.1, U.S. = 100).

Housing
79
Goods (food, clothes…)
94
Utilities
90
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Shorewood, so the Wisconsin figure is shown.

Taxes and bills in Shorewood

🏛️ Property tax$9,688a year · 2.18% of home value · U.S. $3,119
⚡ Electric bill$139a month (typical) · U.S. $156

Life in Shorewood

Commute to work20.8 minU.S.: 26.4 min
College degree75.6%U.S.: 35.7%
Own their home45.6%U.S.: 65.2%
Below poverty line14.3%U.S.: 12.5%
Unemployment3.2%U.S.: 5.2%

Is it cheaper to rent or buy in Shorewood?

Renting is cheaper right now: about $1,529 a month less.

Renting
$1,550
Owning
$3,079

Owning assumes a typical $443,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $44,370 for the down payment.

Frequently asked questions

What is the average rent in Shorewood, WI?

Renting in Shorewood costs a median of about $1,550 a month in 2026, including utilities. The Wisconsin median is $1,305.

How much do I need to make to live in Shorewood?

To keep rent under 30% of income, you need about $62,000 a year, or $30 an hour at a full-time job.

Is Shorewood cheap or expensive?

Shorewood is rated Cheap: rent takes 19.9% of the typical household income of $93,534. It ranks 108th cheapest of 156 Wisconsin cities we track.

How much are property taxes in Shorewood?

The median homeowner in Shorewood pays $9,688 a year in property taxes, about 2.18% of the median home value.

Is Shorewood more expensive than the national average?

Overall prices in Wisconsin are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Shorewood?

The median home value in Shorewood is $443,700, about 4.7 times the typical yearly household income.

13,627 people live in Shorewood. Numbers are typical (middle) values.