Cheap Apartments for Rent in Shipman, IL from $500 (27 Rentals)

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

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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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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Heatherton Estates
1 to 3 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033
Corporate Housing

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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Showing Results 1-27, 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 Lotts Landing Senior Apartments priced from $520. Trinity Park in the North Riverfront neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Shipman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$520
Trinity Park1 bedroom, 1 bathroom1BR,1BA$525
Rocwood Apartments1BR Units1BR,1BA$650
The Residences at Bella VistaClassic1BR,1BA$700
The Social EdwardsvilleThe Cougar Unfurnished4BR,4BA$705
Spanish Lake TownhomesLuna1BR,1BA$750
Brighton Apartments1 Bedroom1BR,1BA$775
Whispering Lake Apartments1BR 1BA GARDEN1BR,1BA$789
Bilava Village1BD/1BA1BR,1BA$795
The Groves Apartments and TownhomesBeautiful one bedroom and one bathroom garden a...1BR,1BA$799

Best Value Apartments for Rent in Shipman, IL and Nearby

As of November 03, 2025 the best value apartment in the Shipman area is the $1.09 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 $1,555. The second greatest value Shipman apartment is the The Cougar Unfurnished Model at The Social Edwardsville starting at $705 with a $0.53 price per square foot in the Fruit Maple Carpenter 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$1.09
The Social EdwardsvilleThe Cougar Unfurnished4BR,4BA$0.53
Parc at 720B12BR,2BA$0.72
Victorian Village2 Bed 1.5 Bath2BR,1.5BA$1.03
The Groves Apartments and TownhomesHalf off deposit! Remodeled two bedroom and one...2BR,1BA$1.12
Spanish Lake TownhomesLuna1BR,1BA$0.95
Brighton Apartments1 Bedroom1BR,1BA$1.12
Trinity Park1 bedroom, 1 bathroom1BR,1BA$1.05
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$0.81
Rocwood Apartments1BR Units1BR,1BA$1.05

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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

Explore Shipman, IL Rentals by Map

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Getting Around Shipman, IL

Walk Score®

15 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $520 at Lotts Landing Senior Apartments.

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 $636 at Trinity Park.

What is the most affordable Shipman Three Bedroom Apartment?

The best deal on a cheap Shipman Three Bedroom Apartment rental is at Spanish Lake Townhomes and starts from $880.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.