
Cheap Homes for Rent in Shelton, CT from $1,400 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Shelton.


76 Golden Hill St

161 Howard Ave, Unit 1 floor

29 8th St, Unit 1

29 Balance Rock Rd
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.

418 Howe Ave

4754 Madison Ave

106 Heather Ridge

Total Monthly Price
168 Minerva St, Unit 2

2
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.

15 Indian Hill Ln

146 Division St, Unit #1

85 Balance Rock Rd

106 Balance Rock Rd

86 Hidden Knolls Cir
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.

86 Hidden Knolls Cir
Shelton, CT Local Guide

How much does it cost to rent a home in Shelton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelton 2 Bedroom Homes for Rent | $2,348 | $1,800 | $3,100 |
| Shelton 3 Bedroom Homes for Rent | $3,786 | $3,000 | $4,500 |
| Shelton 4 Bedroom Homes for Rent | $4,095 | $2,850 | $7,000 |
| Shelton 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Shelton
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Shelton, CT Local Guide
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Cheapest Available Shelton Apartments for Rent
 The cheapest available apartment rental in Shelton, CT is a 1 Bed unit found at Derby Manor in the Seymour Naugatuck Ansonia neighborhood priced from $1,295. Cedar Village at Carroll's in the Seymour Naugatuck Ansonia neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,455. Here is today’s list of the most affordable Shelton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Derby Manor | One Bedroom | 1BR,1BA | $1,295 |
| Cedar Village at Carroll's | Studio | Studio,1BA | $1,455 |
| Cedar Village at Minerva Square | Studio | Studio,1BA | $1,475 |
| Cedar Village at the Locks | Studio Red | Studio,1BA | $1,695 |
| Trolley Pointe | Studio, 1 Bathroom | Studio,1BA | $1,700 |
Best Value Apartments for Rent in Shelton, CT
As of July 15, 2026 the best value apartment in the Shelton area is the $2.45 price per square foot Two Bedroom Two Bath Model at Merion Stratford Apartment Homes in the in the Nichols neighborhood starting from $2,911. The second greatest value Shelton apartment is the 43 - 2 Bed, 2 Bath, 1 Den Model at Forest Hills Milford starting at $3,100 with a $2.67 price per square foot in the Putney neighborhood. Here is today’s list of the best values for Shelton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Merion Stratford Apartment Homes | Two Bedroom Two Bath | 2BR,2BA | $2.45 |
| Forest Hills Milford | 43 - 2 Bed, 2 Bath, 1 Den | 2BR,2BA | $2.67 |
| 146 Division St, Unit 1st FL | 146 Division St | 2BR,1BA | $1.77 |
| 310 Derby Ave, Unit 2 bed room first floor | 310 Derby Ave | 2BR,1BA | $1.91 |
| Derby Manor | Two Bedroom | 2BR,1BA | $1.94 |
| 161 Caroline St, Unit 2 | 161 Caroline St | 2BR,1BA | $2.13 |
| The Residences at the Kestrel | STYLE F | 1BR,1BA | $2.88 |
| Trolley Pointe | Studio, 1 Bathroom | Studio ,1BA | $2.44 |
| Cedar Village at Minerva Square | Studio | Studio ,1BA | $2.56 |
| Cedar Village at Carroll's | Studio | Studio ,1BA | $2.79 |
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.
Best Local Schools in Shelton, CT
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Shelton
What type of rentals are currently available in Shelton?
There are currently 117 Apartments for Rent in Shelton, CT with pricing that ranges from $925 to $4,118. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelton ranging from $1,400 to $7,000.
What is the current price range for Rental Homes in Shelton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shelton ranges from $1,400 to $7,000 with an average monthly rent of $2,834.
How much are larger Three and Four Bedroom Rentals in Shelton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shelton range from $1,850 to $4,118, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,000 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,850 and Four Bedroom Apartments start at $2,100.
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

Local Expert's Guide to the Top Affordable Neighborhoods for Renting in Bridgeport, CT
Written by: M. April Tome
I'm April, your ApartmentHomeLiving.com Local Expert for Bridgeport, CT. I have lived in Fairfield County for over thirty years. I decided to downsize and move to a city with more amenities and affordable rental options.

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.

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.