
Cheap Apartments for Rent in Shannon, MS from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Shannon.


The Reserve

Fox Run - Columbus

Rivergate Apartments - Columbus, MS

Owls Den Apartments
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.

The Gardens Apartments

Monarch Creek

The Ridge Apartments

The Reunion

Oakwood Village Apartments
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.

Carnation Village

1301 20th St N

116 S Child St

1670 Q T Todd Dr

121 Co Rd 736
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.

Maroon Manor
Shannon, MS Local Guide

How much does it cost to rent an apartment in Shannon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shannon Studio Apartments | $1,057 | $959 | $1,198 |
| Shannon 1 Bedroom Apartments | $1,088 | $685 | $1,402 |
| Shannon 2 Bedroom Apartments | $1,156 | $735 | $1,678 |
| Shannon 3 Bedroom Apartments | $1,452 | $739 | $1,950 |
| Shannon 4 Bedroom Apartments | $831 | $644 | $1,288 |
Browse Top Apartments in Shannon
See all Apartments in ShannonExplore Shannon
Shannon, MS Local Guide
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Cheapest Available Shannon Apartments for Rent and Nearby
 The cheapest available apartment rental in Shannon, MS is a 1 Bed unit found at Carnation Village priced from $300. The Reserve in the Downtown Columbus MS neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $685. Here is today’s list of the most affordable Shannon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carnation Village | 1 BR | 1BR,1BA | $300 |
| The Reserve | 1x1 | 1BR,1BA | $685 |
| The Ridge Apartments | 1Bd1Ba | 1BR,1BA | $775 |
| Oakwood Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $800 |
| Embassy Court Apartments - Columbus, MS | 2 x 1 Flat Newly Renovated | 2BR,1BA | $825 |
Best Value Apartments for Rent in Shannon, MS and Nearby
As of March 07, 2026 the best value apartment in the Shannon area is the $0.73 price per square foot 2x1.5 Townhome W/D Connections Newly Renovated Model at Chateaux Holly Hills Apartments - Columbus, AL in the in the Downtown Columbus MS neighborhood starting from $950. The second greatest value Shannon apartment is the 2 bedroom townhome Model at The Meadows on Main starting at $1,100 with a $0.96 price per square foot . Here is today’s list of the best values for Shannon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chateaux Holly Hills Apartments - Columbus, AL | 2x1.5 Townhome W/D Connections Newly Renovated | 2BR,1.5BA | $0.73 |
| The Meadows on Main | 2 bedroom townhome | 2BR,1.5BA | $0.96 |
| The Westerly | 3 Bedroom 2 Bathroom - Premium | 3BR,2BA | $1.27 |
| Northpark Apartments | Hamilton Court Duplex | 2BR,2BA | $1.33 |
| Embassy Court Apartments - Columbus, MS | 2 x 1 Flat Newly Renovated | 2BR,1BA | $0.92 |
| The Ridge Apartments | 2 BD 1 BA | 2BR,1BA | $0.94 |
| The Reunion | 2X1 | 2BR,1BA | $1.01 |
| The Reserve | 1x1 | 1BR,1BA | $0.91 |
| Oakwood Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.09 |
| Carnation Village | 1 BR | 1BR,1BA | $0.42 |
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 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, MS Rentals by Map
See the most popular apartments and homes in Shannon, MS
Frequently Asked Questions about Cheap Shannon Apartments
How much is rent for a Cheap One Bedroom Shannon Apartment?
The lowest price for a Cheap One Bedroom Shannon Apartment is $300 at Carnation Village.
What is the lowest price for a Cheap Two Bedroom Shannon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shannon is starting from $795 at The Ridge Apartments.
What is the most affordable Shannon Three Bedroom Apartment?
The best deal on a cheap Shannon Three Bedroom Apartment rental is at The Ridge Apartments and starts from $1,045.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.