Cheap Apartments for Rent near Shannon, AL from $800 (47 Rentals)

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

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

A Local Experts Guide to The Best Affordable Neighborhoods in the Birmingham, AL area for affordable living. Find your perfect Birmingham apartment, condo, or rental home today at ApartmentHomeliving.com

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Shadesmont Apartments
$1,050 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,400
Total Monthly Price
$1,050 - $1,400
1 to 2 Bedroom Apartments Available Sep 1

Shadesmont Apartments

19 W Lakeshore DrHomewood, AL 35209
Family Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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.

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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.

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Vestavia Place
1 to 3 Bedroom Apartments

Vestavia Place

2501 Mountain Lodge CirVestavia Hills, AL 35216
Corporate Housing

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.

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Vestawood
1 to 3 Bedroom Apartments

Vestawood

1716 Vestawood CtVestavia, AL 35216
  • Utilities Included
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Blue Ridge Villas
1 to 2 Bedroom Apartments

Blue Ridge Villas

1236 Blue Ridge Villa BlvdHoover, AL 35226
  • Utilities Included

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.

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Showing Results 1-47, 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$938
Cadence at Bluff Park2A2BR,1BA$949
The HavenAnniston1BR,1BA$1,010
Ridge CrossingsA21BR,1BA$1,038
The Crescent at LakeshoreTwo Bedroom/ One Bath (P/B)2BR,1BA$1,055
Vestawood1x11BR,1BA$1,059
Homewood Heights1 x 1 Prem1BR,1BA$1,100
Hickory Knoll2 Bedroom 1 Bathroom2BR,1BA$1,149

Best Value Apartments for Rent in Shannon, AL and Nearby

As of August 25, 2026 the best value apartment in the Shannon area is the $1.12 price per square foot Briarwood Reserve Model at The Falls and Woods of Hoover Apartments in the in the Hoover Vestavia Hills neighborhood starting from $1,315. The second greatest value Shannon apartment is the The Grand - RENOVATED Model at The Avenues of Lakeshore starting at $1,426 with a $1.29 price per square foot in the Southwest Birmingham 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.
The Falls and Woods of Hoover ApartmentsBriarwood Reserve2BR,2BA$1.12
The Avenues of LakeshoreThe Grand - RENOVATED2BR,2BA$1.29
Hickory Knoll2 Bedroom 1 Bathroom2BR,1BA$1.07
The Abbey At RiverchaseThe Berkley2BR,1BA$1.20
Cadence at Bluff Park2BX2BR,2BA$1.40
The Avenues of South HooverThe Pelham1BR,1BA$1.05
Homewood Heights1 x 1 Prem1BR,1BA$1.29
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.

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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.

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

Explore Shannon, AL Rentals by Map

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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 $949 at Cadence at Bluff Park.

What is the most affordable Shannon Three Bedroom Apartment?

The best deal on a cheap Shannon Three Bedroom Apartment rental is at Vestavia Place and starts from $1,199.

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.

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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.

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.