
Cheap Homes for Rent near Shannon Hills, AR from $800 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Shannon Hills.


12003 Krestridge Dr

9408 Lew Cir

15200 Arch St

7421 Milford Dr

9110 Woodford Dr
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.

9511 AR-5

7524 Shady Grove Rd

410 NE 3rd St

3123 Lori Lake Rd

509 SW 4th St

11603 Warren Rd
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.

7326 Milford Dr

9401 Hollaman Cir

6101 Stagecoach Rd

9115 Ricky Ln

6455 Lilac Dr

9615 Comstock Rd
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.
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 | $946 | $800 | $1,155 |
| Shannon Hills 3 Bedroom Homes for Rent | $1,347 | $825 | $2,150 |
| Shannon Hills 4 Bedroom Homes for Rent | $2,102 | $1,650 | $3,500 |
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Shannon Hills, AR Local Guide
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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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terra Vista Apartments | 1 Bedroom Large | 1BR,1BA | $585 |
| Rosewood Apartments | 2.1 Renovated | 2BR,1BA | $650 |
| Casona Apartments by Hampshire | One Bedroom | 1BR,1BA | $700 |
| Woodridge Crossing | 1 Bedroom 1 Bathroom | 1BR,1BA | $750 |
| Luxe 30 | A2 | 1BR,1BA | $750 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| ReNew Otter Creek | 2 Bed 2 Bath B | 2BR,2BA | $1.14 |
| Rosewood Apartments | 2.1 Renovated | 2BR,1BA | $0.76 |
| Otter Creek Villas | 2 Bed 1 Bath | 2BR,1BA | $1.37 |
| Whisperwood Townhomes | Townhome 2 BR 1 Bath | 2BR,1BA | $1.21 |
| Luxe 30 | A2 Premium with Black Appliances | 1BR,1BA | $1.34 |
| The Foundry Apartments | Roland (REHAB) | 1BR,1BA | $1.22 |
| Casona Apartments by Hampshire | One Bedroom | 1BR,1BA | $1.13 |
| Village Green | 1 Bedroom | 1BR,1BA | $1.33 |
| Woodridge Crossing | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.25 |
| Terra Vista Apartments | 1 Bedroom Large | 1BR,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.
Read ArticleReal 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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How much rent can you afford?
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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 43 Apartments for Rent in Shannon Hills, AR with pricing that ranges from $550 to $2,832. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shannon Hills ranging from $800 to $3,500.
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 $3,500 with an average monthly rent of $1,465.
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 $2,196, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $2,150. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,619.
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

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.

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.

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.

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.