
Cheap Apartments for Rent near Shelly, MN from $400 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Shelly.


Ridgewood Apartments

Landmark Estates

Southern Manor Apartments

Valley Park Apartments

Total Monthly Price
Broadway Apartments
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.

Fisher Townhomes

Valley Pines Apartments

Greenfield Apartments

Southwind Apartments

Agassiz Townhomes

Halstad Community Homes
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.

731 7th St N

717 30th St N

376 4th St E

32 10th Ave N

Nimens Espegard Apartments

1510 11th Ave N
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.

701 Lily Ln

1209-11 1/2 11 1/2 St N

Crookston Townhomes

323 Seward Ave

2913 8th St N

102-15t 15th St N
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.

The Meadows
Shelly, MN Local Guide

How much does it cost to rent an apartment in Shelly?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelly Studio Apartments | $737 | $470 | $1,260 |
| Shelly 1 Bedroom Apartments | $1,033 | $660 | $1,540 |
| Shelly 2 Bedroom Apartments | $1,379 | $700 | $1,935 |
| Shelly 3 Bedroom Apartments | $1,491 | $940 | $2,350 |
| Shelly 4 Bedroom Apartments | $1,260 | $1,260 | $1,260 |
Browse Top Apartments in Shelly
See all Apartments in ShellyExplore Shelly
Shelly, MN Local Guide
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Cheapest Available Shelly Apartments for Rent and Nearby
 The cheapest available apartment rental in Shelly, MN is a 1 Bed unit found at Broadway Apartments priced from $803. Fisher Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $808. Here is today’s list of the most affordable Shelly apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Broadway Apartments | 1 bedroom 1 bath | 1BR,1BA | $803 |
| Fisher Townhomes | 2 bedroom Townhome | 2BR,1BA | $808 |
| Greenfield Apartments | One-Bedroom | 1BR,1BA | $825 |
| Prairieland Duplexes | 2 bedroom Duplex | 2BR,1BA | $910 |
| Agassiz Townhomes | 2 Bedroom 2 Bath | 2BR,1BA | $953 |
Best Value Apartments for Rent in Shelly, MN and Nearby
As of August 06, 2026 the best value apartment in the Shelly area is the $0.91 price per square foot 3 Bedroom 1700 sq. ft. Model at Stonewood Apartments in the starting from $1,550. The second greatest value Shelly apartment is the 2 Bedroom 2 Bath Model at Agassiz Townhomes starting at $953 with a $0.57 price per square foot . Here is today’s list of the best values for Shelly apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stonewood Apartments | 3 Bedroom 1700 sq. ft. | 3BR,2BA | $0.91 |
| Agassiz Townhomes | 2 Bedroom 2 Bath | 2BR,1.5BA | $0.57 |
| TIMES SQUARE | 2 Bed 2.5 Bath | 2BR,2.5BA | $1.15 |
| Cardinal Point Apartments | B1 | 2BR,2BA | $1.36 |
| Southpoint Apartments | C1 | 3BR,2BA | $1.58 |
| Ashland Apartment Homes | B4 | 2BR,2BA | $1.29 |
| Latitude Apartments | 2A | 2BR,2BA | $1.62 |
| The Legacy Apartments | B1 | 2BR,1BA | $1.35 |
| Broadway Apartments | 1 bedroom 1 bath | 1BR,1BA | $1.15 |
| Greenfield Apartments | One-Bedroom | 1BR,1BA | $1.32 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shelly, MN Rentals by Map
See the most popular apartments and homes in Shelly, MN
Frequently Asked Questions about Cheap Shelly Apartments
How much is rent for a Cheap One Bedroom Shelly Apartment?
The lowest price for a Cheap One Bedroom Shelly Apartment is $803 at Broadway Apartments.
What is the lowest price for a Cheap Two Bedroom Shelly Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shelly is starting from $905 at Broadway Apartments.
What is the most affordable Shelly Three Bedroom Apartment?
The best deal on a cheap Shelly Three Bedroom Apartment rental is at Stonewood Apartments and starts from $1,550.
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

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.

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.

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.

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.