
Cheap Homes for Rent near Shannon Hills, AR from $800 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Shannon Hills.


7326 Milford Dr

3 Lark Pl

7325 Knollwood Dr

509 SW 4th St
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.

7524 Shady Grove Rd

5700 Palo Alto Dr

7518 Twin Oaks Rd

410 NE 3rd St

3123 Lori Lake 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.

7125 Redwood Dr

11603 Warren Rd

9220 Ricky Ln

5806 Southwick 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.

9010 Tedburn Cir

2824 Raymar Rd
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 | $991 | $800 | $1,200 |
| Shannon Hills 3 Bedroom Homes for Rent | $1,336 | $825 | $2,000 |
| Shannon Hills 4 Bedroom Homes for Rent | $1,788 | $1,395 | $2,350 |
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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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terra Vista Apartments | 1 Bedroom Small | 1BR,1BA | $535 |
| Rosewood Apartments | 2.1 Renovated | 2BR,1BA | $650 |
| Casona Apartments by Hampshire | One Bedroom | 1BR,1BA | $700 |
| Luxe 30 | B2 | 2BR,1BA | $750 |
| Dogwood Lakes | Standard Classic | 1BR,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 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 | $1.27 |
| Revive Benton Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.30 |
| Wimbledon Green | 1BR,1BTH | 1BR,1BA | $1.30 |
| Whisperwood Townhomes | Townhome 2 BR 1 Bath | 2BR,1BA | $1.21 |
| Luxe 30 | A2 Premium with Black Appliances | 1BR,1BA | $1.26 |
| The Foundry Apartments | Roland (REHAB) | 1BR,1BA | $1.22 |
| Casona Apartments by Hampshire | One Bedroom | 1BR,1BA | $1.13 |
| 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 ArticleNavigating 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.
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.
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!
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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 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

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.

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.

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.

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.