Cheap Apartments for Rent near Shelbyville, MO from $400 (44 Rentals)

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

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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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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Keokuk Family Flats
1 to 3 Bedroom Apartments

Keokuk Family Flats

2812 Lincoln AveKeokuk, IA 52632
  • 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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501 S Osteopathy Ave
1 Bedroom Apartments

501 S Osteopathy Ave

501 S Osteopathy AveKirksville, MO 63501
Student Housing
  • Utilities Included
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1012 E Broadway
1 to 3 Bedroom Apartments

1012 E Broadway

1012 E BroadwayColumbia, MO 65201
  • Utilities Included
  • Smoke Free

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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Showing Results 1-44, Page 1 of 1

Shelbyville, MO Local Guide

Cheapest Available Shelbyville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shelbyville, MO is a 2 Beds unit found at Cedar Creek Crossing Apartments priced from $267. The Links at Columbia in the The Links of Columbia 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 Shelbyville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Creek Crossing Apartments2 Bed 2 Bath2BR,2BA$267
The Links at ColumbiaClassic Deluxe II1BR,1BA$800
Benton Stephens Apartments1x11BR,1BA$800
Forest Village Apartments2 Bedroom2BR,1BA$825
Monroe City Senior Housing 62+1 Bed 1 Bath1BR,1BA$875
Broadway ApartmentsSpacious 1 Bedroom 1 Bathroom Apartment Home1BR,1BA$900
BrooksideNocona One4BR,4BA$949
WoodlakeW-A2BR,1BA$973
Heather RidgeArbor2BR,1BA$1,007
North Hampton Village2BR - 1BTH2BR,1BA$1,075

Best Value Apartments for Rent in Shelbyville, MO and Nearby

As of August 21, 2026 the best value apartment in the Shelbyville area is the $1.08 price per square foot Jenne Hill - 4 Bedroom 2.5 Bath Townhome Model at Jenne Hill Townhomes in the in the The Links of Columbia neighborhood starting from $1,625. The second greatest value Shelbyville apartment is the Townhomes Model at Cottage Grove starting at $1,450 with a $1.04 price per square foot in the Tiger Village Apartments neighborhood. Here is today’s list of the best values for Shelbyville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jenne Hill TownhomesJenne Hill - 4 Bedroom 2.5 Bath Townhome4BR,2.5BA$1.08
Cottage GroveTownhomes2BR,2.5BA$1.04
Lake Broadway TownhomesLake Broadway Townhomes2BR,2BA$1.21
BrooksideAirmont2BR,2BA$1.17
Wellington Manor2BR2BR,2BA$1.18
Cedar Creek Crossing Apartments2 Bed 2 Bath2BR,2BA$0.28
North Hampton Village2BR - 1BTH2BR,1BA$1.21
Forest Village Apartments2 Bedroom2BR,1BA$1.00
WoodlakeW-C2BR,1BA$1.32
Benton Stephens Apartments1x11BR,1BA$1.23

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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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 Shelbyville, MO Rentals by Map

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See the most popular apartments and homes in Shelbyville, MO

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Frequently Asked Questions about Cheap Shelbyville Apartments

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

The lowest price for a Cheap One Bedroom Shelbyville Apartment is $800 at The Links at Columbia.

What is the lowest price for a Cheap Two Bedroom Shelbyville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shelbyville is starting from $267 at Cedar Creek Crossing Apartments.

What is the most affordable Shelbyville Three Bedroom Apartment?

The best deal on a cheap Shelbyville Three Bedroom Apartment rental is at Cedar Creek Crossing Apartments and starts from $296.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.