
Cheap Apartments for Rent near Shannock, RI from $1,107 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Shannock.


Tanglewood Village

Total Monthly Price
Fox Run Apartments

Newport Heights

Apartments at Remington Pond

Briarwood Meadows

Bayside Village

Royal Crest Warwick

Heritage Green Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Masthead Apartments

Gristmill Apartments

Lofts at Anthony Mill

Pilgrim Park

Harris Mill Lofts

Woodland Apartments

Cowesett Hills

Tower Hill Landings

Harbor Village
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Shady Oaks

Arctic Mill Lofts

The Admiralty

East Bay Village

North Cove Landing

389 Wyassup Rd

Oak Tree Village

710 Norwich-Westerly Rd

Coddington Point
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

9 Sherman Street

270-286 Washington St

17 Wolcott Ave

4 Arbeth Rd

5 Arbeth Rd

3 Matteson Ave

2590 Gold Star Hwy

448 Pumpkin Hill Rd

182 Marlborough - Large 1 Bedroom Plus
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.
Shannock, RI Local Guide

How much does it cost to rent an apartment in Shannock?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shannock Studio Apartments | $2,109 | $1,245 | $2,655 |
| Shannock 1 Bedroom Apartments | $2,266 | $1,165 | $3,370 |
| Shannock 2 Bedroom Apartments | $2,806 | $1,107 | $4,095 |
| Shannock 3 Bedroom Apartments | $3,066 | $1,743 | $4,320 |
| Shannock 4 Bedroom Apartments | $3,176 | $2,245 | $3,750 |
Browse Top Apartments in Shannock
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Shannock, RI Local Guide
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Cheapest Available Shannock Apartments for Rent and Nearby
 The cheapest available apartment rental in Shannock, RI is a 1 Bed unit found at Oak Tree Village in the Northeast New London Norwich neighborhood priced from $1,080. Fox Run Apartments in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,295. Here is today’s list of the most affordable Shannock apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Tree Village | 1 Bedroom | 1BR, 1BA | $1,080 |
| Fox Run Apartments | 2 BEDROOMS | 2BR, 1BA | $1,295 |
| Bayside Village | 1 Bed, 1 bath | 1BR, 1BA | $1,606 |
| Royal Crest Warwick | Exeter | Studio, 1BA | $1,660 |
| Gristmill Apartments | 1 Bedroom | 1BR, 1BA | $1,695 |
| Masthead Apartments | 1 Bed, 1 bath | 1BR, 1BA | $1,695 |
| Harbor Village | The Intrepid | 1BR, 1BA | $1,835 |
| Arctic Mill Lofts | One-Bedroom | 1BR, 1BA | $1,850 |
| Cowesett Hills | The Cilantro | 1BR, 1BA | $2,045 |
| East Bay Village | The Aquidneck | 1BR, 1BA | $2,065 |
Best Value Apartments for Rent in Shannock, RI and Nearby
As of September 19, 2026 the best value apartment in the Shannock area is the $1.28 price per square foot 3 Bedroom Academic Model at The URI Townhouses in the Washington County neighborhood starting from $1,770. The second greatest value Shannock apartment is the Four Bedroom Apartments Model at Tower Hill Landings in the Washington County neighborhood starting at $3,200 with a $2.42 price per square foot. Here is today’s list of the best values for Shannock apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The URI Townhouses | 3 Bedroom Academic | 3BR, 2.5BA | $1.28 |
| Tower Hill Landings | Four Bedroom Apartments | 4BR, 2BA | $2.42 |
| GrandeVille at Greenwich | Charleston (C1.2) | 2BR, 2BA | $2.30 |
| Reynolds Farm | Two Bedroom | 2BR, 2BA | $2.25 |
| Saw Mill Square Apartments | 2 Bedroom | 2BR, 2BA | $2.48 |
| Arctic Mill Lofts | One-Bedroom | 1BR, 1BA | $1.80 |
| Creek Side Landings | 2 Bedrooms, 1.5 Bathrooms - Bi-Level Style A | 2BR, 1.5BA | $2.43 |
| Fox Run Apartments | 2 BEDROOMS | 2BR, 1BA | $1.52 |
| Bayside Village | 1 Bed, 1 bath | 1BR, 1BA | $2.14 |
| Oak Tree Village | 1 Bedroom | 1BR, 1BA | $1.54 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shannock, RI Rentals by Map
See the most popular apartments and homes in Shannock, RI
Frequently Asked Questions about Cheap Shannock Apartments
What is the Cheapest Studio apartment in Shannock?
Currently the most affordable Cheap Studio Apartment in Shannock is at Royal Crest Warwick listed at $1,660.
How much is rent for a Cheap One Bedroom Shannock Apartment?
The lowest price for a Cheap One Bedroom Shannock Apartment is $1,080 at Oak Tree Village.
What is the lowest price for a Cheap Two Bedroom Shannock Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shannock is starting from $1,295 at Fox Run Apartments.
What is the most affordable Shannock Three Bedroom Apartment?
The best deal on a cheap Shannock Three Bedroom Apartment rental is at Bayside Village and starts from $2,249.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.