Cheap Apartments for Rent in Shipman, IL from $500 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
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.

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.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
property at 1108 George St

1108 George St

AltonIL62002
close
View Me
Heatherton Estates
1 to 2 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033
close
View Me
Timber Ridge
2 Bedroom Apartments

Timber Ridge

1342 N Garden DrSt. Louis, MO 63138
  • Utilities Included
Showing Results 1-41, 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 Rocwood Apartments priced from $650. The Residences at Bella Vista in the North Riverfront neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Shipman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rocwood Apartments1BR Units1BR,1BA$650
The Residences at Bella VistaClassic1BR,1BA$700
Whispering Lake Apartments1BR 1BA GARDEN1BR,1BA$745
Cedar Point ApartmentsEfficiencyStudio,1BA$750
Brighton Apartments1BR/1BA1BR,1BA$775
The Groves Apartments and TownhomesNo deposit on our beautiful one bed apartment w...1BR,1BA$825
Kensington Square ApartmentsClassic 1 Bedroom 1 Bath1BR,1BA$825
DES ARBOLES1 Bed1 Bath1BR,1BA$850
ReNew at AltonFinley1BR,1BA$880
Spanish Lake TownhomesLuna1BR,1BA$900

Best Value Apartments for Rent in Shipman, IL and Nearby

As of May 25, 2025 the best value apartment in the Shipman area is the $1.04 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 $1,495. The second greatest value Shipman apartment is the B1 Model at Parc at 720 starting at $915 with a $0.73 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$1.04
Parc at 720B12BR,2BA$0.73
Parkview2x12BR,1BA$1.03
Victorian Village2 Bed 1.5 Bath2BR,1.5BA$1.03
The Groves Apartments and TownhomesNo deposit on our beautiful two bed apartment w...2BR,1BA$1.06
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.04
The Residences at Bella VistaRenovated2BR,1BA$1.13
Windham Chase2 BD/1B2BR,1BA$1.14
Brighton Apartments1BR/1BA1BR,1BA$1.12
Rocwood Apartments1BR Units1BR,1BA$1.05

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 MapShipman, IL Apartments MapView MapShipman, IL Rental Homes Map

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 $650 at Rocwood 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 $825 at The Residences at Bella Vista.

What is the most affordable Shipman Three Bedroom Apartment?

The best deal on a cheap Shipman Three Bedroom Apartment rental is at Rocwood Apartments and starts from $1,000.

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.