Home Price Key
Affordable
Average
Expensive
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 $364,789, higher than the Wisconsin average of $220,185.
The average cost of rent is $1,078/mo in Shorewood, primarily driven by the current value of real estate in the Shorewood area. While nearly 31.32% of residents own their homes outright in Shorewood, 49.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shorewood is $7,892 per month. Households that rent pay about 13.66% of their income on rent here. Shorewood's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Whitefish Bay, WI: higher priced homes
- Glendale, WI: less expensive homes
- Milwaukee, WI: less expensive homes
- Fox Point, WI: equally priced homes
- River Hills, WI: higher priced homes
- Bayside, WI: higher priced homes
- West Milwaukee, WI: less expensive homes
- Wauwatosa, WI: less expensive homes
- Brown Deer, WI: less expensive homes
- St. Francis, WI: less expensive homes
Cities with Similar Populations
- Guymon, OK: less expensive homes
- Speedway, IN: less expensive homes
- Sparta, MI: less expensive homes
- Southern Pines, NC: less expensive homes
- Haysville, KS: less expensive homes
- Hartsdale, NY: higher priced homes
- Harrisonville, MO: less expensive homes
- Hamilton, MT: less expensive homes
- Half Moon Bay, CA: higher priced homes
- Gwynn Oak, MD: less expensive homes
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