Cheap Apartments for Rent in Shelby, MS from $500 (43 Rentals)

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

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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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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property at 521 W 2nd Ave

$625

1 Bedroom Rentals

Available Now

521 W 2nd Ave

Pine BluffAR71601
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Jefferson Court
1 to 2 Bedroom Apartments

Jefferson Court

2100 W 40th AvePine Bluff, AR 71603
  • Utilities Included
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Seasons Apartments
1 to 3 Bedroom Apartments

Seasons Apartments

301 W 33rd AvePine Bluff, AR 71603
  • Utilities Included

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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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

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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Showing Results 1-43, Page 1 of 1

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. Vantage Point Apartments - Carriage House has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here is today’s list of the most affordable Shelby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sunset VillageSTUDSStudio,1BA$510
Vantage Point Apartments - Carriage HousePark View2BR,2BA$650
Jefferson Court1 Bedroom1BR,1BA$650
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$650
Sunset Village Apartments1 Bed, 1 bath1BR,1BA$710
Pine Valley Apartments1 Bedroom1BR,1BA$725
Camelot Apartments and Townhomes2.1.52BR,1BA$735
Seasons Apartments2 Bedroom 1.5 Bath2BR,1BA$760
Greenway Apartments1 Beds, 1 Baths1BR,1BA$780
Grenada Estates2x22BR,2BA$807

Best Value Apartments for Rent in Shelby, MS and Nearby

As of April 21, 2026 the best value apartment in the Shelby area is the $0.74 price per square foot 2x2 Model at Grenada Estates in the starting from $807. The second greatest value Shelby apartment is the 2 Bedroom 2 Bath Model at Lakeside Vintage starting at $975 with a $0.96 price per square foot in the Robinsonville Tunica 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.
Grenada Estates2x22BR,2BA$0.74
Lakeside Vintage2 Bedroom 2 Bath2BR,2BA$0.96
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$0.68
Camelot Apartments and Townhomes2.22BR,2BA$0.91
Seasons Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.87
Vantage Point Apartments - Carriage HouseVantage Point2BR,2BA$1.00
Jefferson Court1 Bedroom1BR,1BA$0.91
Greenway Apartments1 Beds, 1 Baths1BR,1BA$1.11
Pine Valley Apartments1 Bedroom1BR,1BA$1.06
Sunset VillageSTUDSStudio ,1BA$1.13

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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, 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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.