Cheap Apartments for Rent in Shannon City, IA from $500 (48 Rentals)

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

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Foxwood Apartments
Rent Specials
$700 - $1,110
Total Monthly Price

Total Monthly Price

Base Rent
$692 - $1,102
Required Monthly Fees
$8
Total Monthly Price
$700 - $1,110
Studio to 2 Bedroom Apartments Available Now

Foxwood Apartments

1001-1007 W 3rd AveIndianola, IA 50125
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  • Customer Reviewed
  • 3D Tour

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.

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Sunset Apartments
$750 - $825
Total Monthly Price

Total Monthly Price

Base Rent
$697 - $772
Required Monthly Fees
$53
Total Monthly Price
$750 - $825
Studio to 2 Bedroom Apartments Available Now

Sunset Apartments

1113 Main StNorwalk, IA 50211
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  • Utilities Included
  • Smoke Free
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Fountain Terrace
Rent Specials
$795 - $1,595
Total Monthly Price

Total Monthly Price

Base Rent
$680 - $1,480
Required Monthly Fees
$115
Total Monthly Price
$795 - $1,595
Studio to 3 Bedroom Apartments Available Now

Fountain Terrace

655 S 88th StWest Des Moines, IA 50266
Furnished
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  • Utilities Included
  • 3D Tour

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.

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Fish Creek
$825 - $1,175
Total Monthly Price

Total Monthly Price

Base Rent
$792 - $1,142
Required Monthly Fees
$33
Total Monthly Price
$825 - $1,175
1 to 3 Bedroom Apartments Available Now

Fish Creek

817-1619 E 17th StNorwalk, IA 50211
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  • Customer Reviewed
  • 3D Tour
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Deer Run Apartments
Rent Specials
$832 - $1,117
Total Monthly Price

Total Monthly Price

Base Rent
$824 - $1,109
Required Monthly Fees
$8
Total Monthly Price
$832 - $1,117
2 Bedroom Apartments Available Now

Deer Run Apartments

901 S R StIndianola, IA 50125
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Bridges
1 to 2 Bedroom Apartments

The Bridges

1111 N 8th AveWinterset, IA 50273
  • Utilities Included

Navigating 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.

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property at 940 27th St

$895

3 Bedroom Rentals

Available Now

940 27th St

ClarindaIA51632
Showing Results 1-48, Page 1 of 1

Shannon City, IA Local Guide

Cheapest Available Shannon City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shannon City, IA is a 1 Bed unit found at Parkway Village Apartments priced from $540. Woodland Park - Adair has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Shannon City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkway Village Apartments1 Bedroom1BR,1BA$540
Woodland Park - Adair1 BR1BR,1BA$600
Next Level Apartments - Easton VillageA11BR,1BA$683
Park Avenue Apartments2 Bed2BR,1BA$695
Northern Plains by KadingCottage - 22BR,1BA$695
Foxwood ApartmentsA21BR,1BA$700
1833 Curtis Ave1 BR/ 1 BA1BR,1BA$700
1010 N 16th St1 bedroom unit1BR,1BA$725
Forest Cove Apartments2x12BR,1BA$725
East Park ApartmentsOne Bedroom2BR,1BA$750

Best Value Apartments for Rent in Shannon City, IA and Nearby

As of February 21, 2026 the best value apartment in the Shannon City area is the $1.00 price per square foot 3 Beds, 2 baths Model at Sunset Terrace in the starting from $1,220. The second greatest value Shannon City apartment is the Villa Model at Osceola Heights starting at $1,010 with a $1.00 price per square foot . Here is today’s list of the best values for Shannon City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset Terrace3 Beds, 2 baths3BR,2BA$1.00
Osceola HeightsVilla3BR,1BA$1.00
Cherry CreekGlenwood-Hutton3BR,1BA$0.99
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Northern Plains by KadingCottage - 22BR,1BA$0.82
Forest Cove Apartments2x12BR,1BA$0.89
Park Avenue Apartments2 Bed2BR,1BA$0.87
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Parkway Village Apartments2 Bedroom Updated2BR,1BA$0.99
Woodland Park - Adair1 BR1BR,1BA$0.92

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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

Explore Shannon City, IA Rentals by Map

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Frequently Asked Questions about Cheap Shannon City Apartments

What is the Cheapest Studio apartment in Shannon City?

Currently the most affordable Cheap Studio Apartment in Shannon City is at Sunset Apartments listed at $775.

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

The lowest price for a Cheap One Bedroom Shannon City Apartment is $540 at Parkway Village Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Shannon City is starting from $690 at Parkway Village Apartments.

What is the most affordable Shannon City Three Bedroom Apartment?

The best deal on a cheap Shannon City Three Bedroom Apartment rental is at Forest Cove Apartments and starts from $800.

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.