Shorewood, MN Rental Market Trends
The average rent for an apartment in Shorewood is $1,039, a 10% increase compared to the previous year, when the average rent was $946.
Average Rent in Shorewood, MN
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,039||10%||830 sq. ft.|
The average size for a Shorewood, MN apartment is 830 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Shorewood, MN Apartment Rent Ranges
Shorewood, MN Occupied Housing Units
- Renter-occupied Households19%
- Owner-occupied Households80%
551 or 19% of the households in Shorewood, MN are renter-occupied while 2,233 or 80% are owner-occupied.
Shorewood, MN Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Apr / 2020|
How Shorewood Compares to Other Cities
|Average Rent||Y-o-Y Change|
|St. Louis Park||$1,622||4%|
For more information about the Shorewood rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!