Cheap Apartments for Rent in Shelby, IA from $500 (46 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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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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22 Floors
Studio to 1 Bedroom Apartments

22 Floors

1314 Mike Fahey StOmaha, NE 68102

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Greenhouse
1 to 3 Bedroom Apartments

The Greenhouse

900 Farnam StOmaha, NE 68102
Corporate Housing
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3510 N 9th St
Studio to 4 Bedroom Apartments

3510 N 9th St

3510 N 9th StCarter Lake, IA 51510
property at 3510 N 9th St

$1,119 - $1,349

3 Bedroom Rentals

Available Now

3510 N 9th St

Carter LakeIA51510

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-46, 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
Cottonwood Apartments1X1S1BR,1BA$825
22 FloorsWrastler1BR,1BA$895
The BluffsOne Bedroom1BR,1BA$900
Featherstone ApartmentsOne Bedroom | One Bath1BR,1BA$900
Sherwood Forest Apartments1 bd x 1 bth- small1BR,1BA$910
Regency Villa of HarlanRegency Villa 1 Bedroom1BR,1BA$917

Best Value Apartments for Rent in Shelby, IA and Nearby

As of January 29, 2026 the best value apartment in the Shelby area is the $1.28 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 Two Bedroom Model at Skinner Macaroni Lofts starting at $1,307 with a $1.13 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$1.28
Skinner Macaroni LoftsTwo Bedroom2BR,1BA$1.13
The Archive1BR/1.0BA1BR,1BA$1.02
Westwood Apartments2 BD2BR,1BA$0.75
The BluffsTownhome2BR,1.5BA$1.12
Nichol Flats1x1 A1BR,1BA$1.26
Sherwood Forest Apartments1 bd x 1 bth- small1BR,1BA$1.30
Featherstone ApartmentsOne Bedroom | One Bath1BR,1BA$1.33
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$1.13
Regency Villa of Atlantic1 Bedroom1BR,1BA$1.29

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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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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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.

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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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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 TreeHouse listed at $1,050.

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 $785 at Westwood Apartments.

What is the most affordable Shelby Three Bedroom Apartment?

The best deal on a cheap Shelby Three Bedroom Apartment rental is at Featherstone Apartments and starts from $1,200.

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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.