Cheap Apartments for Rent in Shannon, AL from $600 (41 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

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
Vestavia Place
1 to 3 Bedroom Apartments

Vestavia Place

2501 Mountain Lodge CirVestavia Hills, AL 35216
Corporate Housing

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
close
View Me
Blue Ridge Villas
1 to 2 Bedroom Apartments

Blue Ridge Villas

1236 Blue Ridge Villa BlvdHoover, AL 35226
  • Utilities Included

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

Read Article
Showing Results 1-41, 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 The Avenues of South Hoover in the Hoover Vestavia Hills neighborhood priced from $842. Vestavia Place in the Brownville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Shannon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Avenues of South HooverThe Pelham1BR,1BA$842
Vestavia PlaceRocky1BR,1BA$899
Cadence at Bluff Park2TA2BR,1BA$979
Ridge CrossingsA21BR,1BA$1,019
The Crescent at LakeshoreTwo Bedroom/ One Bath (WO)2BR,1BA$1,020
The Falls and Woods of Hoover ApartmentsAlcove1BR,1BA$1,043
MarQ Vestavia1 Bedroom1BR,1BA$1,045
Shadesmont Apartments2 Bed / 2 Bath2BR,2BA$1,050
Vestawood Apartments - Vestavia Hills, AL1x11BR,1BA$1,059
The Avenues of LakeshoreThe Summit2BR,1BA$1,066

Best Value Apartments for Rent in Shannon, AL and Nearby

As of May 25, 2026 the best value apartment in the Shannon area is the $0.99 price per square foot The Azalea Model at Hawthorne at Wisteria in the in the Brownville neighborhood starting from $1,200. The second greatest value Shannon apartment is the The Summit Premium Model at Apex Hoover starting at $1,325 with a $1.15 price per square foot in the Brownville 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.
Hawthorne at WisteriaThe Azalea1BR,1.5BA$0.99
Apex HooverThe Summit Premium2BR,2BA$1.15
Kreekview ApartmentsThe Quail2BR,2BA$1.14
The Avenues of South HooverThe Homewood2BR,1BA$0.94
Shadesmont Apartments2 Bed / 2 Bath2BR,2BA$0.98
Hickory Knoll2 Bedroom 1 Bathroom2BR,1BA$1.07
Chestnut TreeCT2B2BR,1.5BA$1.25
The Abbey At RiverchaseThe Berkley2BR,1BA$1.20
The Avenues of LakeshoreThe Summit2BR,1BA$1.07
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 The Avenues of Lakeshore listed at $877.

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

The lowest price for a Cheap One Bedroom Shannon Apartment is $842 at The Avenues of South Hoover.

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 $979 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 The Avenues of South Hoover and starts from $1,120.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.