Cheap Apartments for Rent in Shelby, IA from $500 (35 Rentals)

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

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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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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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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22 Floors
Studio to 1 Bedroom Apartments

22 Floors

1314 Mike Fahey StOmaha, NE 68102
property at 502 William St

502 William St

OmahaNE68108

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 1-35, Page 1 of 1

Shelby, IA Local Guide

Cheapest Available Shelby Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shelby, IA is a 1 Bed unit found at Larimore Senior Residences in the Omaha View neighborhood priced from $760. Regency Villa of Atlantic 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 Shelby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$760
Regency Villa of Atlantic1 Bedroom1BR,1BA$775
Woodland ApartmentsOne Bedroom/One Bath1BR,1BA$781
Maple SecondOne Bed/One Bath | 1-11BR,1BA$800
Woodland Park - Griswold1 BR1BR,1BA$800
Cottonwood Apartments1X1B1BR,1BA$830
22 FloorsFlash1BR,1BA$875
The BluffsOne Bedroom1BR,1BA$900
3633 Avenue A2 Bed 1 Bath2BR,1BA$900
Featherstone ApartmentsOne Bedroom | One Bath1BR,1BA$900

Best Value Apartments for Rent in Shelby, IA and Nearby

As of October 28, 2025 the best value apartment in the Shelby area is the $1.18 price per square foot AC.2B.2B.B/P Model at The Brandeis in the in the Old Market neighborhood starting from $1,650. The second greatest value Shelby apartment is the 2BR/2.0BA Model at Nove Lofts starting at $1,650 with a $1.22 price per square foot in the Old Market neighborhood. Here is today’s list of the best values for Shelby apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The BrandeisAC.2B.2B.B/P2BR,2BA$1.18
Nove Lofts2BR/2.0BA2BR,2BA$1.22
TipTop ApartmentsBeehive2BR,2BA$1.27
Valley View Estates2 Bedroom2BR,2BA$1.10
The Archive2BR/1.0BA2BR,1BA$1.23
Riverbend - Newly Renovated! Call today!Two Bedroom / 1 Bath2BR,1BA$1.10
DeerfieldTwo Bedroom 22A2BR,1.75BA$1.27
The BluffsOne Bedroom1BR,1BA$1.25
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$1.13
Woodland Park - Griswold1 BR1BR,1BA$1.23

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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Pet Friendly Lifestyle
Shelby, IA

Ranked #96

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Shelby, IA Rentals by Map

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See the most popular apartments and homes in Shelby, IA

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Getting Around Shelby, IA

Walk Score®

7 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 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 Shelby Apartments

What is the Cheapest Studio apartment in Shelby?

Currently the most affordable Cheap Studio Apartment in Shelby is at Skinner Macaroni Lofts listed at $717.

How much is rent for a Cheap One Bedroom Shelby Apartment?

The lowest price for a Cheap One Bedroom Shelby Apartment is $760 at Larimore Senior Residences.

What is the lowest price for a Cheap Two Bedroom Shelby Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shelby is starting from $900 at 3633 Avenue A.

What is the most affordable Shelby Three Bedroom Apartment?

The best deal on a cheap Shelby Three Bedroom Apartment rental is at Hidden Bluffs Apartments and starts from $1,195.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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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.