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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 $735,082, lower than the Seattle average of $772,426.
The average cost of rent is $2,114/mo in Shorewood, primarily driven by the current value of real estate in the Shorewood area. In Shorewood, 20.45% of households rent, and 33.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shorewood is $10,683 per month. Households that rent pay about 19.79% of their income on rent here. Shorewood’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Arbor Heights, Seattle, WA: higher priced homes
- Highline, Seattle, WA: less expensive homes
- South Delridge, Seattle, WA: less expensive homes
- Highland Park, Seattle, WA: equally priced homes
- Roxhill, Seattle, WA: equally priced homes
- Fauntleroy, Seattle, WA: higher priced homes
- South Park, Seattle, WA: less expensive homes
- High Point, Seattle, WA: equally priced homes
- Riverview, Seattle, WA: equally priced homes
- West Seattle, Seattle, WA: higher priced homes
Neighborhoods with Similar Populations
- Columbus Park, Milwaukee, WI: less expensive homes
- Country Club Heights, Charlotte, NC: less expensive homes
- Eagle Lake, Charlotte, NC: less expensive homes
- Main Street, Willimantic, CT: less expensive homes
- Park Place, Norfolk, VA: less expensive homes
- Minnehaha, Spokane, WA: less expensive homes
- Woodbridge, Bellevue, WA: higher priced homes
- Winston Park, Palatine, IL: less expensive homes
- Willert Park, Buffalo, NY: less expensive homes
- Westbrae, Berkeley, CA: higher priced homes
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