Shoreview renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Shoreview is about $2,895 per month. This puts it in the 94th percentile compared to the city average cost of rent, which is $2,895. Households in Shoreview have a median income of $9,997 per month so the average renter in Shoreview is spending roughly 29% of their earnings on housing.
Nationally, and in Shoreview, home values are the data point most closely correlated with the cost of rent. The median price of a home in Shoreview is $987,754 right now, which is lower than nearby neighborhoods, meaning that rents in Shoreview also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the central parts of Shoreview while lower rent rates are often available in northern areas.
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