Cheap Homes for Rent near Shannon Hills, AR from $800 (17 Rentals)

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property at 509 SW 4th St
$925 - $950
2 Bedroom Rentals
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509 SW 4th St

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

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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.

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. 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 Small1BR,1BA$535
Rosewood Apartments2.1 Renovated2BR,1BA$650
Casona Apartments by HampshireOne Bedroom1BR,1BA$700
Luxe 30B22BR,1BA$750
Dogwood LakesStandard Classic1BR,1BA$760

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

As of September 10, 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 $1,219 with a $1.27 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$1.27
Revive Benton Apartments2 Bedroom 2 Bath2BR,2BA$1.30
Wimbledon Green1BR,1BTH1BR,1BA$1.30
Whisperwood TownhomesTownhome 2 BR 1 Bath2BR,1BA$1.21
Luxe 30A2 Premium with Black Appliances1BR,1BA$1.26
The Foundry ApartmentsRoland (REHAB)1BR,1BA$1.22
Casona Apartments by HampshireOne Bedroom1BR,1BA$1.13
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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Shannon Hills

What type of rentals are currently available in Shannon Hills?

There are currently 45 Apartments for Rent in Shannon Hills, AR with pricing that ranges from $535 to $2,950. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shannon Hills ranging from $800 to $2,350.

What is the current price range for Rental Homes in Shannon Hills?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Shannon Hills ranges from $800 to $2,350 with an average monthly rent of $1,373.

How much are larger Three and Four Bedroom Rentals in Shannon Hills?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Shannon Hills range from $995 to $2,214, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,649.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.