
Cheap Apartments for Rent in Shannon Hills, AR from $500 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Shannon Hills.


Luxe 30

The Summit at Geyer Springs

Rosewood Apartments

Casona Apartments by Hampshire

Colonial Parc Apartments

Woodridge Crossing

Dogwood Lakes
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.

Eagle Hill I/IV

The Foundry Apartments

Eagle Nest

Otter Creek Villas

Crossing at Nandina

Landmark Apartments

12003 Krestridge Dr

The Links at Eagle Hill
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.

The Greens at Hurricane Creek

The Fairways at Hurricane Creek

The Lakes at Hurricane Creek

The Greens at Longhills I/II

Whisperwood Town Homes

St. Regis at Hurricane Lake

Bowman Pointe

ReNew Otter Creek
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.

The Cottages at Otter Creek

Gateway Woods

Whisper Valley at Quartier

Village at Gateway

Wimbledon Green

Summit at Town and Country

Pine Garden

Villa De Cancun
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.

5101 B B Cir

Spanish Willows

12003 Krestridge Dr

The Orchards at Mabelvale

15200 Arch St

9115 Merrivale Dr

3123 Lori Lake Rd

11603 Warren Rd
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

10112 Palo Alto Dr

5709 Windamere Dr

9500 Wilderness Rd
Shannon Hills, AR Local Guide

How much does it cost to rent an apartment in Shannon Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shannon Hills Studio Apartments | $1,072 | $725 | $2,150 |
| Shannon Hills 1 Bedroom Apartments | $1,045 | $535 | $2,400 |
| Shannon Hills 2 Bedroom Apartments | $1,320 | $650 | $2,950 |
| Shannon Hills 3 Bedroom Apartments | $1,652 | $830 | $2,313 |
| Shannon Hills 4 Bedroom Apartments | $1,643 | $1,599 | $1,687 |
Browse Top Apartments in Shannon Hills
See all Apartments in Shannon HillsExplore Shannon Hills
Shannon Hills, AR Local Guide
- Nearby Cities
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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 $535. The Summit at Geyer Springs in the University of Arkansas at Little Rock neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here is today’s list of the most affordable Shannon Hills apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terra Vista Apartments | 1 Bedroom Small | 1BR,1BA | $535 |
| The Summit at Geyer Springs | 1 bedroom | 1BR,1BA | $599 |
| Rosewood Apartments | 2.1 Renovated | 2BR,1BA | $650 |
| Casona Apartments by Hampshire | One Bedroom | 1BR,1BA | $700 |
| Colonial Parc Apartments | 1X1 | 1BR,1BA | $725 |
| Luxe 30 | B2 | 2BR,1BA | $750 |
| Woodridge Crossing | 1 Bedroom 1 Bathroom | 1BR,1BA | $775 |
| Eagle Hill I/IV | Custom Deluxe | 1BR,1BA | $785 |
| The Foundry Apartments | Roland (REHAB) | 1BR,1BA | $790 |
| Eagle Nest | Custom | 1BR,1BA | $795 |
Best Value Apartments for Rent in Shannon Hills, AR and Nearby
As of April 28, 2026 the best value apartment in the Shannon Hills area is the $0.82 price per square foot 3.1 Model at Rosewood Apartments in the in the Ward 2 neighborhood starting from $830. The second greatest value Shannon Hills apartment is the 2 Bed 2 Bath B Model at ReNew Otter Creek starting at $1,079 with a $1.12 price per square foot in the Ward 7 neighborhood. Here is today’s list of the best values for Shannon Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rosewood Apartments | 3.1 | 3BR,1BA | $0.82 |
| ReNew Otter Creek | 2 Bed 2 Bath B | 2BR,2BA | $1.12 |
| Crossing at Nandina | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.17 |
| Otter Creek Villas | 2 Bed 1 Bath | 2BR,1BA | $0.99 |
| Whisperwood Town Homes | 2X1 Flats | 2BR,1BA | $1.06 |
| The Foundry Apartments | Roland (REHAB) | 1BR,1BA | $1.22 |
| Colonial Parc Apartments | 1X1 | 1BR,1BA | $1.12 |
| The Summit at Geyer Springs | 1 bedroom | 1BR,1BA | $0.96 |
| Casona Apartments by Hampshire | One Bedroom | 1BR,1BA | $1.13 |
| Terra Vista Apartments | 1 Bedroom Large | 1BR,1BA | $1.07 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shannon Hills, AR Rentals by Map
See the most popular apartments and homes in Shannon Hills, AR
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 $800.
How much is rent for a Cheap One Bedroom Shannon Hills Apartment?
The lowest price for a Cheap One Bedroom Shannon Hills Apartment is $535 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 Rosewood Apartments and starts from $830.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.