Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Shorewood area can be challenging. Home prices in Shorewood are now at a median cost of $709,416, higher than the Minnesota average of $345,793.
The average cost of rent is $1,614/mo in Shorewood, primarily driven by the current value of real estate in the Shorewood area. In Shorewood, 4.87% of households rent, and 25.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shorewood is $16,489 per month. Households that rent pay about 9.79% of their income on rent here. Shorewood’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Excelsior, MN: higher priced homes
- Tonka Bay, MN: higher priced homes
- Greenwood, MN: higher priced homes
- Chanhassen, MN: less expensive homes
- Minnetonka Beach, MN: higher priced homes
- Deephaven, MN: higher priced homes
- Spring Park, MN: equally priced homes
- Woodland, MN: higher priced homes
- Mound, MN: less expensive homes
- Victoria, MN: less expensive homes
Cities with Similar Populations
- Mountain Iron, MN: less expensive homes
- Abernathy, TX: less expensive homes
- Castlewood, VA: less expensive homes
- Glenwood, MD: higher priced homes
- Driggs, ID: less expensive homes
- Fogelsville, PA: less expensive homes
- Pennellville, NY: less expensive homes
- Italy, TX: less expensive homes
- El Paso, IL: less expensive homes
- Utica, KY: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood