
Cheap Apartments for Rent near Shannon, NC from $800 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Shannon.


Forest Pointe

Hidden Creek Village

Amora West

Cliffdale Crossing

Eagle Point Village

Carlson Bay Luxury Apartments

Total Monthly Price
Cumberland Towers

Total Monthly Price
The Summit on 401
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.

Wedgefield

Woodland Village

Windsor Crossing Apartments

Britt Lake Apartments

Hidden Lake

Church Street Apartments

Austin Creek Apartments

Parcstone Apartments

Stone Ridge Apartments
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.

Rim Creek Apartments

West Park

The Grove at Park Place

Crown at Steeple Chase

South Main Apartments

Total Monthly Price
Birchfield

Stone Gables

Village at Hunter's Run Apartments

130 Grantham St
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.

1900 W Parkton Tobermory Rd

94 Knox Dr

Timber Woods

Woodland Ridge Apartment Homes

Bone Creek Apartments

270 Jody Ln

The Landing Apartment Homes

Liberty Estates

120 W Elwood Ave
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.

70 Ginger Ct

308 Harris Ave
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 | $1,226 | $850 | $2,178 |
| Shannon 2 Bedroom Apartments | $1,359 | $835 | $1,917 |
| Shannon 3 Bedroom Apartments | $1,657 | $1,161 | $2,328 |
| Shannon 4 Bedroom Apartments | $1,932 | $1,870 | $1,970 |
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 2 Beds unit found at Village at Cliffdale Apartment Homes in the Westover neighborhood priced from $835. Forest Pointe in the Evergreen Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Shannon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village at Cliffdale Apartment Homes | Two Bedroom | 2BR,2BA | $835 |
| Forest Pointe | 1BR/1.0BA | 1BR,1BA | $850 |
| Amora West | 1 Bedroom 1 Bath | 1BR,1BA | $899 |
| Cliffdale Crossing | A2 | 1BR,1BA | $924 |
| Hidden Creek Village | 1 bdrm/1 bath Reno | 1BR,1BA | $935 |
| Eagle Point Village | 1 Bedroom (Sunroom Optional) | 1BR,1BA | $949 |
| Carlson Bay Luxury Apartments | 1 Bed, 1 Bath Apartment - Apply Now! | 1BR,1BA | $950 |
| Timber Woods | Mahogany | 1BR,1BA | $953 |
| Cumberland Towers | Dogwood | 1BR,1BA | $954 |
| Wedgefield | 1 Bed 1 Bath | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Shannon, NC and Nearby
As of August 08, 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 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 |
| West Park | The Mesa | 2BR,2BA | $1.22 |
| Bone Creek Apartments | 2 Bed / 2 Bath | 2BR,2BA | $1.23 |
| Austin Creek Apartments | The Cove | 2BR,2BA | $1.08 |
| Rim Creek Apartments | The Cliffdale | 2BR,2BA | $1.26 |
| Hidden Creek Village | 1 bdrm/1 bath Reno | 1BR,1BA | $1.21 |
| Eagle Point Village | 1 Bedroom (Sunroom Optional) | 1BR,1BA | $1.23 |
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 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 $850 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 $835 at Village at Cliffdale Apartment Homes.
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 $1,161.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.