
Cheap Apartments for Rent near Shannon, NC from $820 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Shannon.


Forest Pointe

Windsor Crossing Apartments

31 Toni Jai Dr

Amora West

Hidden Creek Village

Eagle Point Village

Village at Cliffdale Apartment Homes

Hidden Lake
Rent According to Income: A Look at Income-Restricted Rentals
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Carlson Bay Luxury Apartments

11 Toni Jai Dr

Total Monthly Price
Cumberland Towers

Total Monthly Price
The Summit on 401

Wedgefield

Cliffdale Crossing

Woodland Village

Britt Lake Apartments

91 Toni Jai Dr
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Parcstone Apartments

Stone Ridge Apartments

Church Street Apartments

Austin Creek Apartments

Rim Creek Apartments

Crown at Steeple Chase

West Park

The Grove at Park Place

South Main Apartments
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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.

Village at Hunter's Run Apartments

Total Monthly Price
Birchfield

Stone Gables

Timber Woods

Woodland Ridge Apartment Homes

Bone Creek Apartments

The Landing Apartment Homes

Liberty Estates

523 Oakwood Ave
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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.

102 Singletary St

70 Ginger Ct
Shannon, NC Local Guide

How much does it cost to rent an apartment in Shannon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shannon 1 Bedroom Apartments | $1,188 | $820 | $1,976 |
| Shannon 2 Bedroom Apartments | $1,457 | $830 | $2,246 |
| Shannon 3 Bedroom Apartments | $1,624 | $1,084 | $1,975 |
| Shannon 4 Bedroom Apartments | $1,945 | $1,945 | $1,945 |
Browse Top Apartments in Shannon
See all Apartments in ShannonExplore Shannon
Shannon, NC Local Guide
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Cheapest Available Shannon Apartments for Rent and Nearby
 The cheapest available apartment rental in Shannon, NC is a 1 Bed unit found at Forest Pointe in the Stonebridge neighborhood priced from $820. Windsor Crossing Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $830. Here is today’s list of the most affordable Shannon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forest Pointe | 1BR/1.0BA | 1BR, 1BA | $820 |
| Windsor Crossing Apartments | Unit B1 | 2BR, 1BA | $830 |
| Timber Woods | Mahogany | 1BR, 1BA | $851 |
| Amora West | 1 Bedroom 1 Bath | 1BR, 1BA | $899 |
| Eagle Point Village | 1 Bedroom (Sunroom Optional) | 1BR, 1BA | $909 |
| Village at Cliffdale Apartment Homes | One Bedroom | 1BR, 1BA | $935 |
| Hidden Lake | Creston | 1BR, 1BA | $966 |
| Carlson Bay Luxury Apartments | 1 Bed, 1 Bath Apartment - Apply Now! | 1BR, 1BA | $975 |
| Cumberland Towers | Dogwood | 1BR, 1BA | $1,004 |
| Hidden Creek Village | 1 bdrm/1 bath Reno | 1BR, 1BA | $1,053 |
Best Value Apartments for Rent in Shannon, NC and Nearby
As of September 22, 2026 the best value apartment in the Shannon area is the $1.15 price per square foot 3 BD Model at Kingsley Park Townhomes in the Seventy First Cliffdale neighborhood starting from $1,795. The second greatest value Shannon apartment is the 4 Bedroom Model at The Lofts at A.S. Thomas Center starting at $599 with a $0.39 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. |
|---|---|---|---|
| Kingsley Park Townhomes | 3 BD | 3BR, 2.5BA | $1.15 |
| The Lofts at A.S. Thomas Center | 4 Bedroom | 4BR, 4BA | $0.39 |
| Parkwood West Townhomes | Townhomes | 3BR, 2.5BA | $1.12 |
| The View at Pembroke | Furnished Unit in a 4bd/4ba | 4BR, 4BA | $0.47 |
| Bristol Park | 2x2s | 2BR, 2BA | $1.24 |
| Bone Creek Apartments | 2 Bed / 2 Bath | 2BR, 2BA | $1.23 |
| Austin Creek Apartments | The Cove | 2BR, 2BA | $1.08 |
| Windsor Crossing Apartments | Unit B1 | 2BR, 1BA | $0.85 |
| Forest Pointe | 1BR/1.0BA | 1BR, 1BA | $1.01 |
| Eagle Point Village | 1 Bedroom (Sunroom Optional) | 1BR, 1BA | $1.18 |
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
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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!
Explore Shannon, NC Rentals by Map
See the most popular apartments and homes in Shannon, NC
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 $820 at Forest Pointe.
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 $830 at Windsor Crossing Apartments.
What is the most affordable Shannon Three Bedroom Apartment?
The best deal on a cheap Shannon Three Bedroom Apartment rental is at Hidden Lake and starts from $1,155.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.