Cheap Homes for Rent in Shelby, IA from $900 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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 Westwood Apartments in the Old Market neighborhood priced from $575. Larimore Senior Residences in the Omaha View neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here is today’s list of the most affordable Shelby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westwood ApartmentsSmall1BR,1BA$575
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

Best Value Apartments for Rent in Shelby, IA and Nearby

As of July 23, 2025 the best value apartment in the Shelby area is the $0.98 price per square foot One Bedroom with Den Model at Skinner Macaroni Lofts in the in the Old Market neighborhood starting from $1,387. The second greatest value Shelby apartment is the AC.2B.2B.B/P Model at The Brandeis starting at $1,650 with a $1.18 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.
Skinner Macaroni LoftsOne Bedroom with Den1BR,1BA$0.98
The BrandeisAC.2B.2B.B/P2BR,2BA$1.18
The Archive2BR/1.0BA2BR,1BA$1.21
Old Market Lofts2 Bedroom 2 Bathroom2BR,2BA$0.98
Highclere Apartments2 Beds 2 Baths2BR,2BA$1.24
The BluffsTwo Bedroom 1st Floor2BR,1BA$1.05
DeerfieldTwo Bedroom 22A2BR,1.75BA$1.26
Larimore Senior ResidencesOne Bed/One Bath - 50%1BR,1BA$1.28
Regency Villa of Atlantic1 Bedroom1BR,1BA$1.29
Westwood ApartmentsSmall1BR,1BA$1.00

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Shelby

What type of rentals are currently available in Shelby?

There are currently 48 Apartments for Rent in Shelby, IA with pricing that ranges from $575 to $2,694. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelby ranging from $995 to $3,300.

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 $995 to $3,300 with an average monthly rent of $1,966.

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 $2,645, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $2,775. Four Bedroom Single-Family rentals are also available starting from $1,525 and Four Bedroom Apartments start at $639.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.