
Cheap Apartments for Rent in the Shannon Hills Neighborhood of Greensboro, NC from $700 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shannon Hills area of Greensboro.


Village Walk Apartments

3516 Lynhaven Dr

Legacy Pointe Apartments

Total Monthly Price
Stoneybrook

Ashley Woods

Retreat at Copper Creek - SMP

Cross Creek
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.

Treybrooke Village Apartments

Timbercreek Apartments

Total Monthly Price
YorkTowne Apartments

The Forest Apartments

Cedar Trace

Legacy on Elm Apartments

Meadowview Apartments & Townhomes

Sedgefield Gardens
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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.

Princeton Terrace

The Heights Townhomes

Stonesthrow

Juliet Place Apartment Homes

Greenhaven Trace Apartments

515 Mystic Dr

LYNX Gate City

2616 Randleman Rd
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.

Woodland Heights of Greensboro

Abernathy Park

Juliet Place II

Rise Crown View

Meadow Park Apartments

Pepperstone

521 Mystic Dr

504 Mystic Dr
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Shannon Hills, Greensboro, NC Local Guide

How much does it cost to rent an apartment in Shannon Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shannon Hills Studio Apartments | $975 | $975 | $975 |
| Shannon Hills 1 Bedroom Apartments | $1,034 | $850 | $1,455 |
| Shannon Hills 2 Bedroom Apartments | $1,180 | $750 | $1,665 |
| Shannon Hills 3 Bedroom Apartments | $1,541 | $1,200 | $1,875 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Shannon Hills Neighborhood of Greensboro, NC.
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Shannon Hills, Greensboro, NC Local Guide
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Cheapest Available Shannon Hills Apartments for Rent
 The cheapest available apartment rental in the Shannon Hills area of Greensboro, NC is a 1 Bed unit found at Village Walk Apartments priced from $850. Cross Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Shannon Hills apartments for rent in Greensboro, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Walk Apartments | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| Cross Creek | 1 Bedroom | 1BR,1BA | $925 |
| Ashley Woods | Pearl | 1BR,1BA | $925 |
| Treybrooke Village Apartments | 1 Bed/1 Bath 630 sf | 1BR,1BA | $925 |
| Timbercreek Apartments | The Blue Ridge | 1BR,1BA | $936 |
| The Forest Apartments | 1BR - 1BTH | 1BR,1BA | $950 |
| YorkTowne Apartments | 1x1 756 | 1BR,1BA | $950 |
| Cedar Trace | Primrose | 1BR,1BA | $965 |
| Meadowview Apartments & Townhomes | Studio Upgraded | Studio,1BA | $975 |
Best Value Apartments for Rent in Shannon Hills, NC
As of July 09, 2026 the best value apartment in the Shannon Hills area is the $1.12 price per square foot 3 Bedroom Model at Meadow Park Apartments in the in the Wilpar Estates neighborhood starting from $1,226. The second greatest value Shannon Hills apartment is the B1 Bronze Model at Rise Crown View starting at $1,280 with a $1.25 price per square foot in the Wynnmere neighborhood. Here is today’s list of the best values for Shannon Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Meadow Park Apartments | 3 Bedroom | 3BR,2BA | $1.12 |
| Rise Crown View | B1 Bronze | 2BR,1BA | $1.25 |
| Abernathy Park | The Venus | 2BR,2BA | $1.30 |
| Woodland Heights of Greensboro | 1BR/1BA | 1BR,1BA | $1.23 |
| Legacy Pointe Apartments | 2 Bed, 1 Bath | 2BR,1BA | $1.05 |
| 317 E Florida St, Unit 317-B | 317 E Florida St | 2BR,1BA | $0.94 |
| Juliet Place Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| Ashley Woods | Pearl | 1BR,1BA | $1.19 |
| YorkTowne Apartments | 1x1 756 | 1BR,1BA | $1.26 |
| Village Walk Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.27 |
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 Shannon Hills, Greensboro, NC
Cyrus P Frazier Elementary
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across North Carolina, including Greensboro. 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 easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Shannon Hills Apartments
What is the price of a cheap apartment in Shannon Hills?
The cheapest apartment in Shannon Hills is Village Walk Apartments which is listed at $850, while the average apartment in Shannon Hills costs $1,587.
What types of apartments are the cheapest in Shannon Hills?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Shannon Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Shannon Hills?
Cheap apartments in Shannon Hills have an average cost of $145 which is $1,442 cheaper than the average rent for all rentals in Shannon Hills.
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

Where to Rent in Greensboro: Top Affordable Neighborhoods for Families and Singles
Written by: Catrina Cowart
Hello again, everyone. I'm Catrina, and I'm your ApartmentHomeLiving.com Local Expert for Greensboro, North Carolina.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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.