Cheap Apartments for Rent near Shipman, IL from $600 (48 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
Trinity Park (NEW)
1 to 2 Bedroom Apartments

Trinity Park (NEW)

11043 Mollerus DrSt. Louis, MO 63138
Senior Living
  • 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.

Read Article

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.

Read Article
close
View Me
Heatherton Estates
1 to 3 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033
Corporate Housing

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.

Read Article
close
View Me
Timber Ridge
2 Bedroom Apartments

Timber Ridge

1342 N Garden DrSt. Louis, MO 63138
  • Utilities Included
Showing Results 1-48, Page 1 of 1

Shipman, IL Local Guide

Cheapest Available Shipman Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shipman, IL is a 1 Bed unit found at Trinity Park (NEW) in the North Riverfront neighborhood priced from $525. Lotts Landing Senior Apartments in the Macoupin County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. Here is today’s list of the most affordable Shipman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Trinity Park (NEW)1 bedroom, 1 bathroom1BR,1BA$525
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$560
326 E Central St1 bed 1 bath1BR,1BA$700
Rocwood Apartments1BR Units1BR,1BA$700
Crossing at Northpointe Apartments1 BR - 1 BTH1BR,1BA$725
Broadway PlaceTwo Bedroom Apartment2BR,1BA$752
Whispering Lake Apartments2BR 1BA GARDEN2BR,1BA$808
Bilava Village1BD/1BA1BR,1BA$825
Brighton Apartments1 Bedroom1BR,1BA$875
Kensington Square Apartments1 Bedroom 1 Bath1BR,1BA$890

Best Value Apartments for Rent in Shipman, IL and Nearby

As of August 27, 2026 the best value apartment in the Shipman area is the $0.88 price per square foot 3 Bedroom 1.5 Bath Townhome with Garage Model at River Trace Townhomes in the in the North Riverfront neighborhood starting from $1,255. The second greatest value Shipman apartment is the B1 Model at Parc at 720 starting at $1,009 with a $0.81 price per square foot in the Edwardsville neighborhood. Here is today’s list of the best values for Shipman apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR,1.5BA$0.88
Parc at 720B12BR,2BA$0.81
The Residences at Bella VistaClassic3BR,2BA$0.97
Storyboard on LancashireLancashire B12BR,1BA$1.04
Victorian Village2 Bed 1.5 Bath2BR,1.5BA$1.10
Paddock Village ApartmentsACE2BR,1BA$1.12
Broadway PlaceTwo Bedroom Apartment2BR,1BA$1.03
Trinity Park (NEW)1 bedroom, 1 bathroom1BR,1BA$1.05
Crossing at Northpointe Apartments1 BR - 1 BTH1BR,1BA$1.08
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$0.87

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Shipman, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Shipman, IL

View Map
Shipman, IL Apartments Map
View Map
Shipman, IL Rental Homes Map

Frequently Asked Questions about Cheap Shipman Apartments

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

The lowest price for a Cheap One Bedroom Shipman Apartment is $525 at Trinity Park (NEW).

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

Today's best deal for a Cheap Two Bedroom Apartment in Shipman is starting from $625 at Trinity Park (NEW).

What is the most affordable Shipman Three Bedroom Apartment?

The best deal on a cheap Shipman Three Bedroom Apartment rental is at Broadway Place and starts from $859.

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.