
Cheap Homes for Rent near Shannon, NC from $750 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Shannon.


11 Toni Jai Dr

94 Knox Dr
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.

91 Toni Jai Dr

162A Eulon Loop

2894 Lake Upchurch Dr
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.

270 Jody Ln
Shannon, NC Local Guide

How much does it cost to rent a home in Shannon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shannon 2 Bedroom Homes for Rent | $1,066 | $750 | $1,500 |
| Shannon 3 Bedroom Homes for Rent | $1,652 | $750 | $2,500 |
| Shannon 4 Bedroom Homes for Rent | $2,103 | $1,400 | $2,450 |
| Shannon 5 Bedroom Homes for Rent | $2,250 | $2,200 | $2,300 |
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Explore 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 Evergreen Estates neighborhood priced from $850. Amora West in the Stratford Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. 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 | $850 |
| Amora West | 1 Bedroom 1 Bath | 1BR,1BA | $899 |
| Eagle Point Village | 1 Bedroom (Sunroom Optional) | 1BR,1BA | $909 |
Best Value Apartments for Rent in Shannon, NC and Nearby
As of August 26, 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 |
| Cumberland Towers | Magnolia, Juniper and Julia | 2BR,2BA | $1.23 |
| Rim Creek Apartments | The Cliffdale | 2BR,2BA | $1.26 |
| 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 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Shannon
What type of rentals are currently available in Shannon?
There are currently 42 Apartments for Rent in Shannon, NC with pricing that ranges from $830 to $2,328. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shannon ranging from $750 to $2,500.
What is the current price range for Rental Homes in Shannon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shannon ranges from $750 to $2,500 with an average monthly rent of $1,818.
How much are larger Three and Four Bedroom Rentals in Shannon?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shannon range from $1,260 to $2,328, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,870.
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.

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.

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.