Cheap Apartments for Rent near Shannon Hills, AR from $500 (51 Rentals)

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

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.

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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.

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Pine Garden
Studio to 2 Bedroom Apartments

Pine Garden

6414 Baseline RdLittle Rock, AR 72209
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Villa De Cancun
1 to 2 Bedroom Apartments

Villa De Cancun

5300 Baseline RdLittle Rock, AR 72209
  • Utilities Included
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Spanish Willows
1 to 3 Bedroom Apartments

Spanish Willows

7515 Geyer Springs RdLittle Rock, AR 72209
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The Orchards at Mabelvale
1 to 2 Bedroom Apartments

The Orchards at Mabelvale

9501 Mabelvale PikeLittle Rock, AR 72209
Senior Living
  • Utilities Included
property at 9408 Lew Cir

$825

3 Bedroom Rentals

Available Now

9408 Lew Cir

Little RockAR72209

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.

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property at 9115 Ricky Ln

$1,100

3 Bedroom, 1.5 Bath Home for Rent

Available Now

9115 Ricky Ln

Little RockAR72209

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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Showing Results 1-50, Page 1 of 2

Shannon Hills, AR Local Guide

Cheapest Available Shannon Hills Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shannon Hills, AR is a 1 Bed unit found at Terra Vista Apartments in the Ward 2 neighborhood priced from $585. Rosewood Apartments in the Ward 2 neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here is today’s list of the most affordable Shannon Hills apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Terra Vista Apartments1 Bedroom Large1BR,1BA$585
Rosewood Apartments2.1 Renovated2BR,1BA$650
Casona Apartments by HampshireOne Bedroom1BR,1BA$700
Woodridge Crossing1 Bedroom 1 Bathroom1BR,1BA$750
Luxe 30A21BR,1BA$750
Dogwood LakesCustom1BR,1BA$785
Eagle Hill I/IVCustom Deluxe1BR,1BA$785
The Foundry ApartmentsRoland (REHAB)1BR,1BA$790
Eagle NestCustom1BR,1BA$795
Crossing at Nandina1 Bedroom 1 Bathroom1BR,1BA$799

Best Value Apartments for Rent in Shannon Hills, AR and Nearby

As of July 27, 2026 the best value apartment in the Shannon Hills area is the $1.14 price per square foot 2 Bed 2 Bath B Model at ReNew Otter Creek in the in the Ward 7 neighborhood starting from $1,099. The second greatest value Shannon Hills apartment is the 2.1 Renovated Model at Rosewood Apartments starting at $650 with a $0.76 price per square foot in the Ward 2 neighborhood. Here is today’s list of the best values for Shannon Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ReNew Otter Creek2 Bed 2 Bath B2BR,2BA$1.14
Rosewood Apartments2.1 Renovated2BR,1BA$0.76
Otter Creek Villas2 Bed 1 Bath2BR,1BA$1.37
Whisperwood TownhomesTownhome 2 BR 1 Bath2BR,1BA$1.21
Luxe 30A2 Premium with Black Appliances1BR,1BA$1.34
The Foundry ApartmentsRoland (REHAB)1BR,1BA$1.22
Casona Apartments by HampshireOne Bedroom1BR,1BA$1.13
Village Green1 Bedroom1BR,1BA$1.33
Woodridge Crossing1 Bedroom 1 Bathroom1BR,1BA$1.25
Terra Vista Apartments1 Bedroom Large1BR,1BA$1.07

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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Quick Rent Budget Calculator

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 Hills, AR Rentals by Map

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See the most popular apartments and homes in Shannon Hills, AR

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Frequently Asked Questions about Cheap Shannon Hills Apartments

What is the Cheapest Studio apartment in Shannon Hills?

Currently the most affordable Cheap Studio Apartment in Shannon Hills is at Landmark Apartments listed at $878.

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

The lowest price for a Cheap One Bedroom Shannon Hills Apartment is $585 at Terra Vista Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Shannon Hills is starting from $650 at Rosewood Apartments.

What is the most affordable Shannon Hills Three Bedroom Apartment?

The best deal on a cheap Shannon Hills Three Bedroom Apartment rental is at Casona Apartments by Hampshire and starts from $995.

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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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.