
Cheap Homes for Rent in Shannon City, IA from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Shannon City.


114 E 3rd St

1135 1/2 N College Dr

1135 N College Dr

409.5 E 3rd St
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.

1001 N Buchanan St

519.5 W 8th St

1010 N 16th St

940 27th St

422 1/2 W New York Ave
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.

209 W Jefferson St
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 | $752 | $575 | $1,500 |
| Shannon City 3 Bedroom Homes for Rent | $2,105 | $1,600 | $2,600 |
| Shannon City 4 Bedroom Homes for Rent | $2,376 | $2,250 | $2,450 |
| Shannon City 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Top Homes for Rent in Shannon City
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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 Woodland Park - Adair priced from $600. Northern Plains by Kading has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. Here is today’s list of the most affordable Shannon City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodland Park - Adair | 1 BR | 1BR,1BA | $600 |
| Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $695 |
| Park Avenue Apartments | 2 Bed | 2BR,1BA | $695 |
| Foxwood Apartments | A1 | 1BR,1BA | $700 |
| 1833 Curtis Ave | 1 BR/ 1 BA | 1BR,1BA | $700 |
Best Value Apartments for Rent in Shannon City, IA and Nearby
As of February 28, 2026 the best value apartment in the Shannon City area is the $0.80 price per square foot Elizabeth Model at Northern Plains by Kading in the starting from $985. The second greatest value Shannon City apartment is the 3 Beds, 2 baths Model at Sunset Terrace starting at $1,220 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. |
|---|---|---|---|
| Northern Plains by Kading | Elizabeth | 3BR,2BA | $0.80 |
| Sunset Terrace | 3 Beds, 2 baths | 3BR,2BA | $1.00 |
| Osceola Heights | Villa | 3BR,1BA | $1.00 |
| Cherry Creek | Glenwood-Hutton | 3BR,1BA | $0.99 |
| Linden East Apartments | Two Bed | 2BR,1BA | $1.00 |
| Forest Cove Apartments | 2x1 | 2BR,1BA | $0.89 |
| Park Avenue Apartments | 2 Bed | 2BR,1BA | $0.87 |
| Next Level Apartments - Easton Village | B1 | 2BR,1BA | $0.89 |
| Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
| Woodland Park - Adair | 1 BR | 1BR,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.
Read ArticleThe 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.
Read ArticleCash 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 ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Shannon City
What type of rentals are currently available in Shannon City?
There are currently 57 Apartments for Rent in Shannon City, IA with pricing that ranges from $540 to $3,071. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shannon City ranging from $510 to $2,600.
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 $510 to $2,600 with an average monthly rent of $1,548.
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 $3,071, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,600. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $2,700.
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

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.

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.

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.

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.