
Cheap Homes for Rent in Shangri La Neighborhood of Canyon Country, CA from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Shangri La area of Canyon Country.


20050 Dorothy St

19355 Plum Canyon Rd
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.

20065 Avenue of the Oaks

27240 Luther Dr

19355 Plum Canyon Rd
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.
Shangri La, Canyon Country, CA Local Guide

How much does it cost to rent a home in Shangri La?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shangri La 2 Bedroom Homes for Rent | $2,549 | $2,000 | $3,000 |
| Shangri La 3 Bedroom Homes for Rent | $3,285 | $2,750 | $3,800 |
| Shangri La 4 Bedroom Homes for Rent | $4,578 | $3,950 | $5,899 |
| Shangri La 5 Bedroom Homes for Rent | $4,529 | $1,000 | $7,990 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Shangri La Neighborhood of Canyon Country, CA.
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Shangri La, Canyon Country, CA Local Guide
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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 2 Beds unit found at Canyon Country Senior priced from $1,495. Monterra Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,750. Here are the most affordable Shangri La apartments for rent in Canyon Country, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Canyon Country Senior | Two Bed | 2BR,1BA | $1,495 |
| Monterra Ridge Apartments | Adams (11A) | 1BR,1BA | $1,750 |
| Stillmore Apartments | Studio, 1 bath | Studio,1BA | $1,800 |
Best Value Apartments for Rent in Shangri La, CA
As of June 18, 2026 the best value apartment in the Shangri La area is the $2.72 price per square foot 2A 3X2.5 Model at Townhomes at Lost Canyon in the in the Friendly Valley neighborhood starting from $3,905. The second greatest value Shangri La apartment is the St. Tropez Model at Colony Townhomes starting at $3,099 with a $2.69 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. |
|---|---|---|---|
| Townhomes at Lost Canyon | 2A 3X2.5 | 3BR,2.5BA | $2.72 |
| Colony Townhomes | St. Tropez | 2BR,2.5BA | $2.69 |
| Canyon Country Villas | The Rive Gauche | 2BR,2BA | $2.84 |
| 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 |
| Riverpark | Tideway | 1BR,1BA | $2.87 |
| Diamond Park | Model A 1 Bdrm - 1 Bath | 1BR,1BA | $2.85 |
| Canyon Country Senior | Two Bed | 2BR,1BA | $2.19 |
| Sierra Canyon Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $2.96 |
| Monterra Ridge Apartments | Briston (11B) | 1BR,1BA | $2.91 |
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
Frequently Asked Questions about Shangri La
What type of rentals are currently available in Shangri La?
There are currently 43 Apartments for Rent in Shangri La, CA with pricing that ranges from $1,775 to $4,855. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shangri La ranging from $1,000 to $7,990.
What is the current price range for Rental Homes in Shangri La?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shangri La ranges from $1,000 to $7,990 with an average monthly rent of $3,280.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.