Cheap Apartments for Rent in Shannon Hills, AR from $500 (43 Rentals)

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

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.

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.

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.

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Pine Garden
Studio to 2 Bedroom Apartments

Pine Garden

6414 Baseline RdLittle Rock, AR 72209
  • Utilities Included
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Villa De Cancun
1 to 2 Bedroom Apartments

Villa De Cancun

5300 Baseline RdLittle Rock, AR 72209
  • Utilities Included

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.

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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

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.

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 $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 ListingModel NameBed/BathPriced From
Terra Vista Apartments1 Bedroom Small1BR,1BA$535
The Summit at Geyer Springs1 bedroom1BR,1BA$599
Rosewood Apartments2.1 Renovated2BR,1BA$650
Casona Apartments by HampshireOne Bedroom1BR,1BA$700
Colonial Parc Apartments1X11BR,1BA$725
Luxe 30B22BR,1BA$750
Woodridge Crossing1 Bedroom 1 Bathroom1BR,1BA$775
Eagle Hill I/IVCustom Deluxe1BR,1BA$785
The Foundry ApartmentsRoland (REHAB)1BR,1BA$790
Eagle NestCustom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Rosewood Apartments3.13BR,1BA$0.82
ReNew Otter Creek2 Bed 2 Bath B2BR,2BA$1.12
Crossing at Nandina2 Bedroom 1 Bathroom2BR,1BA$1.17
Otter Creek Villas2 Bed 1 Bath2BR,1BA$0.99
Whisperwood Town Homes2X1 Flats2BR,1BA$1.06
The Foundry ApartmentsRoland (REHAB)1BR,1BA$1.22
Colonial Parc Apartments1X11BR,1BA$1.12
The Summit at Geyer Springs1 bedroom1BR,1BA$0.96
Casona Apartments by HampshireOne Bedroom1BR,1BA$1.13
Terra Vista Apartments1 Bedroom Large1BR,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.

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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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The 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.

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Cash 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.

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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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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

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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.

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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.

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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.

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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.