Cheap Apartments for Rent in Shannon, MS from $300 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-24, 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 The Reunion in the Downtown Columbus MS neighborhood priced from $760. The Ridge Apartments in the Cotton District neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here is today’s list of the most affordable Shannon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reunion1X11BR,1BA$760
The Ridge Apartments2 BD 1 BA2BR,1BA$775
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$800
Maroon ManorTwo Bed2BR,1BA$800
Cypress Park Apartments2 Bedroom2BR,2BA$818

Best Value Apartments for Rent in Shannon, MS and Nearby

As of September 06, 2025 the best value apartment in the Shannon area is the $0.89 price per square foot 3 bdrm 2 bath Model at Trace Ridge in the starting from $1,131. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Trace Ridge3 bdrm 2 bath3BR,2BA$0.89
The Meadows on Main2 bedroom townhome2BR,1.5BA$0.96
King's Creek2 Bedroom 1 -1/2 Bathroom Townhouse2BR,1.5BA$1.01
Cypress Park Apartments2 Bedroom2BR,2BA$0.81
Monarch Creek2 Bedroom 2 Bathroom - A1 - Deluxe2BR,2BA$1.06
Canterbury GardensTwo Bedroom/One and Half Bath2BR,1.5BA$1.07
The Reunion2X12BR,1BA$1.01
The Ridge Apartments2 BD 1 BA2BR,1BA$0.91
Maroon ManorTwo Bed2BR,1BA$1.07
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$1.09

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.

decorative image of people with a giant lease agreement

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

Explore Shannon, MS Rentals by Map

Decorative image of map

See the most popular apartments and homes in Shannon, MS

View Map
Shannon, MS Apartments Map
View Map
Shannon, MS Rental Homes Map

Getting Around Shannon, MS

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $760 at The Reunion.

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 $775 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 Canterbury Gardens and starts from $1,100.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.