Cheap Apartments for Rent near Shelby, MS from $500 (54 Rentals)

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

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.

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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.

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Jefferson Court
1 to 2 Bedroom Apartments

Jefferson Court

2100 W 40th AvePine Bluff, AR 71603
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Seasons Apartments
1 to 3 Bedroom Apartments

Seasons Apartments

301 W 33rd AvePine Bluff, AR 71603
  • Utilities Included
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Meadowbrook Apartments
1 to 3 Bedroom Apartments

Meadowbrook Apartments

1901 W 40th AvePine Bluff, AR 71603
  • Utilities Included
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Oakwood Estates
1 to 3 Bedroom Apartments

Oakwood Estates

1457 Oakwood DrGreenville, MS 38701
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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Shelby, MS Local Guide

Cheapest Available Shelby Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shelby, MS is a Studio unit found at Sunset Village priced from $510. Country Club has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Shelby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sunset VillageSTUDSStudio,1BA$510
Country Club1x1Country Club1BR,1BA$600
Vantage Point Apartments - Carriage HousePark View2BR,2BA$650
Jefferson Court1 Bedroom1BR,1BA$650
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$650
Camelot Apartments and Townhomes1.11BR,1BA$695
Farmview Estates2X12BR,1BA$700
Sunset Village Apartments1 Bed, 1 bath1BR,1BA$710
Pine Valley Apartments1 Bedroom1BR,1BA$725
Seasons Apartments2 Bedroom 1.5 Bath2BR,1BA$760

Best Value Apartments for Rent in Shelby, MS and Nearby

As of July 22, 2026 the best value apartment in the Shelby area is the $0.39 price per square foot The Roman Model at Villa West in the starting from $899. The second greatest value Shelby apartment is the 2 Bedroo, 2.5 Bathroom Model at Redpoint Oxford starting at $1,160 with a $0.83 price per square foot . 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.
Villa WestThe Roman4BR,3BA$0.39
Redpoint Oxford2 Bedroo, 2.5 Bathroom2BR,2.5BA$0.83
Indigo at 613 Bedroom 2 Bath3BR,2BA$1.00
Grenada Estates2x22BR,2BA$0.74
Broadway Commons2x12BR,1BA$0.83
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$0.68
Farmview Estates2X12BR,1BA$0.78
Seasons Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.87
Jefferson Court1 Bedroom1BR,1BA$0.91
Country Club1x1Country Club1BR,1BA$0.88

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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Real 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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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, MS Rentals by Map

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See the most popular apartments and homes in Shelby, MS

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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 Sunset Village listed at $510.

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

The lowest price for a Cheap One Bedroom Shelby Apartment is $530 at Sunset Village.

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 $650 at Vantage Point Apartments - Carriage House.

What is the most affordable Shelby Three Bedroom Apartment?

The best deal on a cheap Shelby Three Bedroom Apartment rental is at Delta Village Mobile Home Community and starts from $650.

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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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.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.