
Cheap Homes for Rent in Shannon Hills, AR from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Shannon Hills.


12003 Krestridge Dr

12003 Krestridge Dr

15200 Arch St

9115 Merrivale Dr
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.

3123 Lori Lake Rd

11603 Warren Rd

10112 Palo Alto Dr

5709 Windamere Dr

9500 Wilderness Rd
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.
Shannon Hills, AR Local Guide

How much does it cost to rent a home in Shannon Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shannon Hills 2 Bedroom Homes for Rent | $916 | $700 | $1,275 |
| Shannon Hills 3 Bedroom Homes for Rent | $1,391 | $995 | $2,000 |
| Shannon Hills 4 Bedroom Homes for Rent | $1,431 | $1,200 | $1,875 |
Browse Top Homes for Rent in Shannon Hills
Explore Shannon Hills
Shannon Hills, AR Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 |
Best Value Apartments for Rent in Shannon Hills, AR and Nearby
As of April 27, 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 Shannon Hills
What type of rentals are currently available in Shannon Hills?
There are currently 44 Apartments for Rent in Shannon Hills, AR with pricing that ranges from $535 to $2,950. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shannon Hills ranging from $700 to $2,000.
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 $700 to $2,000 with an average monthly rent of $1,246.
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 $830 to $2,313, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,599.
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.