Cheap Apartments for Rent in Shannon, MS from $300 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in Shannon.

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.

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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.

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Carnation Village
1 to 2 Bedroom Apartments

Carnation Village

514 Carnation StTupelo, MS 38801
Senior Living
  • Utilities Included
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1301 20th St N
2 Bedroom Apartments

1301 20th St N

1301 20th St NColumbus, MS 39701

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.

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Maroon Manor
2 Bedroom Apartments

Maroon Manor

200 Catherine StStarkville, MS 39759
  • Utilities Included
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Canterbury Gardens
1 to 3 Bedroom Apartments

Canterbury Gardens

193 Old Mayhew RdStarkville, MS 39759
  • Utilities Included

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.

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Showing Results 1-39, Page 1 of 1

Shannon, MS Local Guide

Cheapest Available Shannon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shannon, MS is a 1 Bed unit found at Monarch Creek priced from $761. The Ridge Apartments in the Downtown Starkville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Shannon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Monarch Creek1 Bedroom 1 Bathroom - A11BR,1BA$761
The Ridge Apartments1Bd1Ba1BR,1BA$775
The Reserve2x12BR,1BA$785
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$800
Embassy Court Apartments - Columbus, MS2 x 1 Flat Newly Renovated2BR,1BA$825
The Meadows on Main1 bedroom1BR,1BA$925
Canterbury GardensOne Bedroom/One Bath1BR,1BA$945
Boggan Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$995
Gloster Flats1 Bedroom 1 Bathroom - Premium1BR,1BA$1,075
Pines at Barnes Crossing1A1BR,1BA$1,077

Best Value Apartments for Rent in Shannon, MS and Nearby

As of April 22, 2026 the best value apartment in the Shannon area is the $1.05 price per square foot 2x2 Model at Park Place Apartments in the starting from $1,281. The second greatest value Shannon apartment is the 2 bdrm 2 bath Model at Trace Ridge starting at $1,108 with a $1.08 price per square foot . Here is today’s list of the best values for Shannon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park Place Apartments2x22BR,2BA$1.05
Trace Ridge2 bdrm 2 bath2BR,2BA$1.08
Northpark ApartmentsHamilton Court Duplex2BR,2BA$1.33
The Colony Apartment HomesTwo Bedroom2BR,2BA$1.13
Boggan Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.04
The Reserve2x12BR,1BA$0.85
Embassy Court Apartments - Columbus, MS2 x 1 Flat Newly Renovated2BR,1BA$0.92
The Ridge Apartments2 BD 1 BA2BR,1BA$0.94
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$1.09
Monarch Creek1 Bedroom 1 Bathroom - A11BR,1BA$1.32

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.

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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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The 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.

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Cash 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.

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Quick 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.

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

Explore Shannon, MS Rentals by Map

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See the most popular apartments and homes in Shannon, MS

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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 $761 at Monarch Creek.

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 $785 at The Reserve.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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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.

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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.