
Cheap Apartments for Rent in the Shangri La Neighborhood of Canyon Country, CA from $800 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shangri La area of Canyon Country.


Diamond Park

Sierra Canyon Apartments

Riverpark

Beneda Lane Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Canyon Villas Senior Apartments

Mountain View Apartments

Sierra Apartments

28052 Deep Creek Dr

20050 Dorothy St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

20065 Avenue of the Oaks

Stillmore Apartments

19355 Plum Canyon Rd

Park Sierra

Sierra Cross Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

27240 Luther Dr
Shangri La, Canyon Country, CA Local Guide

How much does it cost to rent an apartment in Shangri La?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shangri La Studio Apartments | $2,226 | $1,800 | $2,840 |
| Shangri La 1 Bedroom Apartments | $2,617 | $1,775 | $4,196 |
| Shangri La 2 Bedroom Apartments | $3,001 | $1,925 | $4,316 |
| Shangri La 3 Bedroom Apartments | $3,504 | $2,474 | $4,855 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Shangri La Neighborhood of Canyon Country, CA.
See all Apartments in Canyon CountryExplore Canyon Country
Shangri La, Canyon Country, CA Local Guide
- Nearby Canyon Country neighborhoods
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Cheapest Available Shangri La Apartments for Rent
 The cheapest available apartment rental in the Shangri La area of Canyon Country, CA is a 1 Bed unit found at Monterra Ridge Apartments priced from $1,750. Stillmore Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,800. Here are the most affordable Shangri La apartments for rent in Canyon Country, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monterra Ridge Apartments | Adams (11A) | 1BR,1BA | $1,750 |
| Stillmore Apartments | Studio, 1 bath | Studio,1BA | $1,800 |
| Diamond Park | Model A 1 Bdrm - 1 Bath | 1BR,1BA | $1,999 |
| Sierra Canyon Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $2,010 |
| Riverpark | Tideway | 1BR,1BA | $2,029 |
Best Value Apartments for Rent in Shangri La, CA
As of June 19, 2026 the best value apartment in the Shangri La area is the $2.69 price per square foot St. Tropez Model at Colony Townhomes in the in the Friendly Valley neighborhood starting from $3,099. The second greatest value Shangri La apartment is the The Rive Gauche Model at Canyon Country Villas starting at $2,989 with a $2.85 price per square foot in the Friendly Valley neighborhood. Here is today’s list of the best values for Shangri La apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Colony Townhomes | St. Tropez | 2BR,2.5BA | $2.69 |
| Canyon Country Villas | The Rive Gauche | 2BR,2BA | $2.85 |
| Beneda Lane Apartments | 2BD 2BTH | 2BR,2BA | $2.10 |
| River Ranch Townhomes & Apartments | Plan A- 2 bed 2.5 bath | 2BR,2.5BA | $2.53 |
| The Oaks | Chestnut | 1BR,1BA | $3.25 |
| Riverpark | Tideway | 1BR,1BA | $2.88 |
| Diamond Park | Model A 1 Bdrm - 1 Bath | 1BR,1BA | $2.85 |
| Sierra Canyon Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $2.96 |
| Monterra Ridge Apartments | Briston (11B) | 1BR,1BA | $2.91 |
| Park Sierra | Barcelona 1x1 Upgrade | 1BR,1BA | $3.41 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Shangri La, Canyon Country, CA
Sierra Vista Junior High
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in areas across the United States including Shangri La, Canyon Country, and the greater Canyon Country area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Shangri La Apartments
How much is rent for a Cheap One Bedroom Shangri La Apartment?
The lowest price for a Cheap One Bedroom Shangri La Apartment is $1,750 at Monterra Ridge Apartments.
What is the lowest price for a Cheap Two Bedroom Shangri La Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shangri La is starting from $2,000 at Monterra Ridge Apartments.
What is the most affordable Shangri La Three Bedroom Apartment?
The best deal on a cheap Shangri La Three Bedroom Apartment rental is at Riverpark and starts from $2,474.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.