Cheap Apartments for Rent near Shannon, AL from $600 (32 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Shannon.

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.

Read Article

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.

Read Article
close
View Me
Vestavia Place
1 to 3 Bedroom Apartments

Vestavia Place

2501 Mountain Lodge CirVestavia Hills, AL 35216
Corporate Housing

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.

Read Article
close
View Me
Vestawood
1 to 3 Bedroom Apartments

Vestawood

1716 Vestawood CtVestavia, AL 35216
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article
Showing Results 1-32, Page 1 of 1

Shannon, AL Local Guide

Cheapest Available Shannon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shannon, AL is a 1 Bed unit found at Vestavia Place in the Brownville neighborhood priced from $899. The Woodley in the Hoover Vestavia Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Shannon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vestavia PlaceRocky1BR,1BA$899
The Woodley1 Bedroom / 1 Bath1BR,1BA$900
The Avenues of South HooverThe Pelham1BR,1BA$988
The Falls and Woods of Hoover ApartmentsAlcove1BR,1BA$993
Cadence at Bluff Park2AR2BR,1BA$999
The Avenues of LakeshoreThe Summit2BR,1BA$999
Thirty-One 32 CypressB12BR,1BA$1,015
The Crescent at LakeshoreTwo Bedroom/ One Bath (WO)2BR,1BA$1,020
Ridge CrossingsA21BR,1BA$1,050
Shadesmont Apartments2 Bed / 2 Bath2BR,2BA$1,050

Best Value Apartments for Rent in Shannon, AL and Nearby

As of July 09, 2026 the best value apartment in the Shannon area is the $1.35 price per square foot London Patio Model at Century Lakeshore Crossings in the in the Southwest Birmingham neighborhood starting from $1,541. The second greatest value Shannon apartment is the 2 Bed / 2 Bath Model at Shadesmont Apartments starting at $1,050 with a $0.98 price per square foot in the Woodland Park neighborhood. Here is today’s list of the best values for Shannon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Century Lakeshore CrossingsLondon Patio2BR,2BA$1.35
Shadesmont Apartments2 Bed / 2 Bath2BR,2BA$0.98
The Abbey At RiverchaseThe Berkley2BR,1BA$1.20
Thirty-One 32 CypressB12BR,1.5BA$1.07
The Avenues of South HooverThe Pelham1BR,1BA$1.11
The Falls and Woods of Hoover ApartmentsArbors Reserve1BR,1BA$1.33
The Avenues of LakeshoreThe Galleria1BR,1BA$1.36
The Crescent at LakeshoreTwo Bedroom/ One Bath (P/B-R)2BR,1BA$1.40
The Woodley1 Bedroom / 1 Bath1BR,1BA$1.18
Vestavia PlaceRocky1BR,1BA$1.28

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Shannon, AL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Shannon, AL

View Map
Shannon, AL Apartments Map
View Map
Shannon, AL Rental Homes Map

Frequently Asked Questions about Cheap Shannon Apartments

What is the Cheapest Studio apartment in Shannon?

Currently the most affordable Cheap Studio Apartment in Shannon is at Colina Hillside listed at $1,390.

How much is rent for a Cheap One Bedroom Shannon Apartment?

The lowest price for a Cheap One Bedroom Shannon Apartment is $899 at Vestavia Place.

What is the lowest price for a Cheap Two Bedroom Shannon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shannon is starting from $999 at Vestavia Place.

What is the most affordable Shannon Three Bedroom Apartment?

The best deal on a cheap Shannon Three Bedroom Apartment rental is at The Avenues of South Hoover and starts from $1,148.

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

decorative image for Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability article

Birmingham Neighborhood Breakdown: Where to Find the Cheapest Rent Without Sacrificing Livability

Written by: Larry Allen

Hi. Larry Allen here, your ApartmentHomeLiving.com Local Expert for Birmingham, AL.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.