
Cheap Homes for Rent in Shipman, IL from $800 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Shipman.


4550 College Ave

900 Washington Ave

478 Dulaney Ave

710 E 6th St

1148 Laredo Ave
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.

2314 State St

2016 Salu St

904 Washington Ave

3108 Alby St

1128 Maple Ave

1216 Lakeview Ave
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.

49 Devon Ct

12352 Santa Maria Dr

12317 Santa Maria Dr

3554 Fullerton Ave

1476 Widefields Ln

6681 Chesapeake Dr
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.

705 Wiethaupt Rd
Shipman, IL Local Guide

How much does it cost to rent a home in Shipman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shipman 2 Bedroom Homes for Rent | $1,137 | $850 | $1,800 |
| Shipman 3 Bedroom Homes for Rent | $1,412 | $950 | $1,960 |
| Shipman 4 Bedroom Homes for Rent | $2,270 | $1,650 | $2,700 |
| Shipman 5 Bedroom Homes for Rent | $2,205 | $1,675 | $2,735 |
Browse Top Homes for Rent in Shipman
Explore Shipman
Shipman, IL Local Guide
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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 in the North Riverfront neighborhood priced from $525. Lotts Landing Senior Apartments 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Trinity Park | 1 bedroom, 1 bathroom | 1BR,1BA | $525 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $560 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $700 |
| The Residences at Bella Vista | Classic | 1BR,1BA | $700 |
| Cedar Point Apartments | Efficiency | Studio,1BA | $750 |
Best Value Apartments for Rent in Shipman, IL and Nearby
As of December 28, 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 B1 Model at Parc at 720 starting at $900 with a $0.72 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Trace Townhomes | 3 Bedroom 1.5 Bath Townhome with Garage | 3BR,1.5BA | $1.09 |
| Parc at 720 | B1 | 2BR,2BA | $0.72 |
| Victorian Village | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.09 |
| The Groves Apartments and Townhomes | Half off deposit! Remodeled two bedroom and one... | 2BR,1BA | $1.12 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.12 |
| Spanish Lake Townhomes | Luna | 1BR,1BA | $0.95 |
| The Residences at Bella Vista | Classic | 1BR,1BA | $1.09 |
| Brighton Apartments | 1 Bedroom | 1BR,1BA | $1.12 |
| Trinity Park | 1 bedroom, 1 bathroom | 1BR,1BA | $1.05 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,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 ArticleThe 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.
Read ArticleCash 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.
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 Shipman, IL Rentals by Map
See the most popular apartments and homes in Shipman, IL
Frequently Asked Questions about Shipman
What type of rentals are currently available in Shipman?
There are currently 42 Apartments for Rent in Shipman, IL with pricing that ranges from $525 to $3,600. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shipman ranging from $800 to $2,735.
What is the current price range for Rental Homes in Shipman?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shipman ranges from $800 to $2,735 with an average monthly rent of $1,574.
How much are larger Three and Four Bedroom Rentals in Shipman?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shipman range from $1,000 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $1,960. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $675.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!