Rent in Shorewood, IL
A 2-bedroom in Shorewood, IL (ZIP 60404) typically rents for about $2,760 a month, with a range of $2,011–$2,760. Owner-occupied homes in Will County pay about 2.24% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $2,300 | $1,678–$2,300 | 1 |
| 1 bed | $2,440 | $1,780–$2,440 | 1 |
| 2 beds | $2,760 | $2,011–$2,760 | 1 |
| 3 beds | $2,726 | $1,902–$3,550 | 1 |
| 4 beds | $4,050 | $2,954–$4,050 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Shorewood ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Shorewood, IL?
- About $2,760 a month: the median of the typical rents in 1 ZIP code, which range from $2,011–$2,760. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Shorewood, IL?
- About $2,440 a month: the median of the typical rents in 1 ZIP code, which range from $1,780–$2,440. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Shorewood, IL?
- About $2,726 a month: the median of the typical rents in 1 ZIP code, which range from $1,902–$3,550. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Shorewood, IL?
- About $2,300 a month: the median of the typical rents in 1 ZIP code, which range from $1,678–$2,300. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Shorewood, IL?
- About $4,050 a month: the median of the typical rents in 1 ZIP code, which range from $2,954–$4,050. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Shorewood, IL?
- Owner-occupied homes in Will County pay a typical 2.24% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Shorewood rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).