940 27th St
ClarindaIA51632
Cheap Homes for Rent in Shannon City, IA from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Shannon City.
310 S 11th St
AdelIA50003
523 S 11th St
AdelIA50003
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.
1320 SE Florence Dr
WaukeeIA50263
606 Main St
Van MeterIA50261
1340 SE Florence Dr
WaukeeIA50263
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.
202 S 11th St
AdelIA50003
Showing Results 1-7, Page 1 of 1
Shannon City, IA Local Guide
This Is Iowa by Carl Wycoff is licensed under CC BY 2.0
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 | $1,470 | $825 | $1,895 |
| Shannon City 3 Bedroom Homes for Rent | $1,884 | $1,295 | $2,295 |
| Shannon City 4 Bedroom Homes for Rent | $2,482 | $1,900 | $3,150 |
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 Parkway Village Apartments priced from $540. Foxwood Apartments in the Easton Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $718. 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 | One Bedroom | 1BR,1BA | $540 |
| Foxwood Apartments | A1 | 1BR,1BA | $718 |
| Sunset Apartments | Studio, 1 ba | Studio,1BA | $725 |
Best Value Apartments for Rent in Shannon City, IA and Nearby
As of June 17, 2026 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 3 bed 2 bath 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. |
|---|---|---|---|
| Vesta Village by Kading | Cottage - 3 | 3BR,2BA | $1.00 |
| Sunset Terrace | 3 bed 2 bath | 3BR,2BA | $1.00 |
| Forest Cove | 3 Bedroom, 1 Bath | 3BR,1BA | $0.78 |
| Osceola Heights by Kading | Villa | 3BR,1BA | $1.00 |
| Cherry Creek | Glenwood-Villa | 3BR,1BA | $0.99 |
| Linden East Apartments | Two Bed | 2BR,1BA | $1.00 |
| University Point | VO2X1R | 2BR,1BA | $0.96 |
| Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $0.94 |
| Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
| Parkway Village Apartments | Two Bedroom (updated) | 2BR,1BA | $0.99 |
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
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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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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See the most popular apartments and homes in Shannon City, IA
Frequently Asked Questions about Shannon City
What type of rentals are currently available in Shannon City?
There are currently 58 Apartments for Rent in Shannon City, IA with pricing that ranges from $540 to $2,643. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shannon City ranging from $735 to $3,150.
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 $735 to $3,150 with an average monthly rent of $1,661.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.