
Cheap Homes for Rent in Shelby, IA from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Shelby.


502 William St

3623 5th Ave

5 Grace St

2215 S 6th St

3918 N 41st St
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.

456 S Walnut St

3947 N 38th St

4924 N 40th St

3317 Ave A

2402 Ave A

3019 Avenue E
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.
Shelby, IA Local Guide

How much does it cost to rent a home in Shelby?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shelby 2 Bedroom Homes for Rent | $1,406 | $810 | $2,950 |
Shelby 3 Bedroom Homes for Rent | $1,588 | $1,350 | $1,800 |
Shelby 4 Bedroom Homes for Rent | $1,815 | $1,495 | $2,595 |
Shelby 5 Bedroom Homes for Rent | $2,925 | $2,850 | $3,000 |
Browse Top Homes for Rent in Shelby
Explore Shelby
Shelby, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Shelby Apartments for Rent and Nearby
 The cheapest available apartment rental in Shelby, IA is a 1 Bed unit found at Regency Villa of Atlantic priced from $775. Maple Second in the Old Market neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Shelby apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Regency Villa of Atlantic | 1 Bedroom | 1BR,1BA | $775 |
Maple Second | One Bed/One Bath | 1-1 | 1BR,1BA | $800 |
Larimore Senior Residences | One Bed/One Bat 50% Hh | 1BR,1BA | $823 |
3633 Avenue A | 2 Bed 1 Bath | 2BR,1BA | $850 |
The Bluffs | One Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Shelby, IA and Nearby
As of May 31, 2025 the best value apartment in the Shelby area is the $1.18 price per square foot 1 Bed 1 Bath Model at Cornerstone Apartments in the in the Old Market neighborhood starting from $1,475. The second greatest value Shelby apartment is the 2BR/1.0BA Model at The Archive starting at $1,475 with a $1.21 price per square foot in the Twin City neighborhood. Here is today’s list of the best values for Shelby apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Cornerstone Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.18 |
The Archive | 2BR/1.0BA | 2BR,1BA | $1.21 |
The Brandeis | AC.2B.G | 2BR,1BA | $1.28 |
Old Market Lofts | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.22 |
Chapel Ridge-C Bluffs | Two Bedroom | 2BR,2BA | $1.32 |
Deerfield | Two Bedroom 22A | 2BR,1.75BA | $1.27 |
Skinner Macaroni Lofts | One Bedroom | 1BR,1BA | $1.34 |
Larimore Senior Residences | One Bed/One Bath - 50% | 1BR,1BA | $1.28 |
The Bluffs | One Bedroom | 1BR,1BA | $1.25 |
Regency Villa of Atlantic | 1 Bedroom | 1BR,1BA | $1.29 |
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.
Frequently Asked Questions about Shelby
What type of rentals are currently available in Shelby?
There are currently 47 Apartments for Rent in Shelby, IA with pricing that ranges from $575 to $2,450. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelby ranging from $810 to $3,000.
What is the current price range for Rental Homes in Shelby?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shelby ranges from $810 to $3,000 with an average monthly rent of $1,825.
How much are larger Three and Four Bedroom Rentals in Shelby?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shelby range from $1,050 to $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,500.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.