
Cheap Homes for Rent in Shannon City, IA from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Shannon City.


1115 N College Dr

517.5 W 8th St

1135 N College Dr
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.

222 Park Ave

622 E Stuart St

940 27th St

613 Polk St
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.

112 E Salem Ave
Shannon City, IA Local Guide

How much does it cost to rent a home in Shannon City?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shannon City 2 Bedroom Homes for Rent | $1,203 | $795 | $1,675 |
Shannon City 3 Bedroom Homes for Rent | $1,809 | $995 | $2,295 |
Shannon City 4 Bedroom Homes for Rent | $2,619 | $2,295 | $3,795 |
Browse Top Homes for Rent in Shannon City
Explore Shannon City
Shannon City, IA Local Guide
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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. Foxwood Apartments in the Easton Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $638. Here is today’s list of the most affordable Shannon City apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Parkway Village Apartments | 1 Bedroom | 1BR,1BA | $540 |
Foxwood Apartments | B2 | 2BR,1BA | $638 |
Park Avenue Apartments | 2 Bed | 2BR,1BA | $695 |
Best Value Apartments for Rent in Shannon City, IA and Nearby
As of July 24, 2025 the best value apartment in the Shannon City area is the $1.00 price per square foot Cottage-3 Model at Vesta Village by Kading in the starting from $1,235. The second greatest value Shannon City apartment is the Two Bed Model at Linden East Apartments starting at $900 with a $1.00 price per square foot in the Easton Park neighborhood. Here is today’s list of the best values for Shannon City apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Vesta Village by Kading | Cottage-3 | 3BR,2BA | $1.00 |
Linden East Apartments | Two Bed | 2BR,1BA | $1.00 |
Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $0.83 |
Sunset Apartments | 2bd, 1ba | 2BR,1BA | $0.96 |
Foxwood Apartments | B1 | 2BR,1BA | $0.83 |
Forest Cove Apartments | 2x1 | 2BR,1BA | $0.89 |
Next Level Apartments - Deer Run | B1 | 2BR,1BA | $0.88 |
Park Avenue Apartments | 2 Bed | 2BR,1BA | $0.87 |
Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
Parkway Village Apartments | 1 Bedroom | 1BR,1BA | $0.90 |
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Frequently Asked Questions about Shannon City
What type of rentals are currently available in Shannon City?
There are currently 47 Apartments for Rent in Shannon City, IA with pricing that ranges from $540 to $3,152. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shannon City ranging from $515 to $3,795.
What is the current price range for Rental Homes in Shannon City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shannon City ranges from $515 to $3,795 with an average monthly rent of $1,671.
How much are larger Three and Four Bedroom Rentals in Shannon City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shannon City range from $825 to $3,152, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,295. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $2,500.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.