Cheap Homes for Rent near Shannon City, IA from $1,000 (9 Rentals)

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

property at 702 N 6th St

$850

4 Bedroom Rentals

Available Now

702 N 6th St

Red OakIA51566

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 Foxwood Apartments in the Easton Park neighborhood priced from $701. Sunset Apartments in the Prairie View neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Shannon City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Foxwood ApartmentsA21BR,1BA$701
Sunset Apartments1 bedroom,Studio,1BA$725
Indianola Park II Apartments1BR Upper1BR,1BA$750

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

As of August 03, 2026 the best value apartment in the Shannon City area is the $1.13 price per square foot Platinum Pointe - 4 Bed Model at Platinum Pointe Townhomes in the in the Dallas County neighborhood starting from $2,700. The second greatest value Shannon City apartment is the Vail Model at High Pointe starting at $1,114 with a $1.09 price per square foot in the Prairie View neighborhood. 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.
Platinum Pointe TownhomesPlatinum Pointe - 4 Bed4BR,3BA$1.13
High PointeVail2BR,2BA$1.09
Next Level Apartments - Easton VillageC13BR,1BA$0.88
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Vesta Village by KadingCottage - 22BR,1BA$1.09
Northern Plains by KadingCottage - 22BR,1BA$0.94
Deer Run ApartmentsB12BR,1BA$1.04
Dennis Park ApartmentsB12BR,1BA$1.02
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Foxwood ApartmentsA11BR,1BA$1.12

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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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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Frequently Asked Questions about Shannon City

What type of rentals are currently available in Shannon City?

There are currently 59 Apartments for Rent in Shannon City, IA with pricing that ranges from $545 to $3,200. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shannon City ranging from $900 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 $900 to $3,150 with an average monthly rent of $1,922.

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 $875 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,220 to $2,395. Four Bedroom Single-Family rentals are also available starting from $900 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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.