
Cheap Apartments for Rent in Shipman, VA from $600 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Shipman.


Dumont Apartments

Hillcrest Manor Apartments

S. Amherst Apartments 2

Total Monthly Price
Rivermont Park

Total Monthly Price
Princeton Circle West Apartments

Midtown on 12th

Church Street Townhomes

Brandon Ladd Apartments & Townhomes
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.

12th & Court Lofts

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Imperial Tobacco Lofts

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5th Street Place

Total Monthly Price
Factory 88

Montague Terrace

Boonsboro Village Apartments

The Windsor

Mountain Ridge Apartments

Total Monthly Price
Quadrangle
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.

The Wayne

Piedmont Flour Mill Lofts

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The Westie

Gish Flats

Town Center Apartments

Total Monthly Price
Summercrest Apartments

Hickory Hope Apartments

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Augusta Farms

The McGregor Lofts
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.

Garland Rodes Apartments

Old Trail Village

117 Williams Rd

113 Williams Rd

105 Williams Rd

Midpoint Apartments

River Lofts West

156 Cedar Crest Dr

723 Jefferson Street
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.

Elora Gardens Lynchburg

100 Horseford Rd

White Star Flats

Palmera House Apartments

605 Hamlet Ave

Virginia Laundry Lofts

120 Riverfield Farm Ln

6842 Chancery Ln

1325-1331 Ruffner Pl
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.

405 Seminole Dr

197 Hilltop Dr
Shipman, VA Local Guide

How much does it cost to rent an apartment in Shipman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shipman Studio Apartments | $883 | $688 | $995 |
| Shipman 1 Bedroom Apartments | $1,539 | $695 | $2,345 |
| Shipman 2 Bedroom Apartments | $1,917 | $765 | $2,794 |
| Shipman 3 Bedroom Apartments | $2,104 | $1,075 | $3,487 |
Browse Top Apartments in Shipman
See all Apartments in ShipmanExplore Shipman
Shipman, VA Local Guide
- Nearby Cities
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Cheapest Available Shipman Apartments for Rent and Nearby
 The cheapest available apartment rental in Shipman, VA is a 1 Bed unit found at Dumont Apartments in the Tate Springs neighborhood priced from $695. Hillcrest Manor Apartments 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dumont Apartments | 1BR/1.0BA | 1BR,1BA | $695 |
| Hillcrest Manor Apartments | 1br | 1BR,1BA | $700 |
| Rivermont Park | Studio | Studio,1BA | $859 |
| Ryan School Apartments | One bedroom | 1BR,1BA | $893 |
| Midtown on 12th | Studio | Studio,1BA | $895 |
| Princeton Circle West Apartments | Colonial Terrace | 1BR,1BA | $895 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $895 |
| 12th & Court Lofts | 2nd Floor Studio | Studio,1BA | $995 |
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $996 |
| Montague Terrace | 3 BDRM/2 Bath | 3BR,2BA | $1,075 |
Best Value Apartments for Rent in Shipman, VA and Nearby
As of May 08, 2026 the best value apartment in the Shipman area is the $1.22 price per square foot 3 Bed/2 Bath Type 1 Model at Town Center Apartments in the starting from $1,650. The second greatest value Shipman apartment is the 2 BDRM/2 Bath Model at Montague Terrace starting at $1,150 with a $1.08 price per square foot . 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. |
|---|---|---|---|
| Town Center Apartments | 3 Bed/2 Bath Type 1 | 3BR,2BA | $1.22 |
| Montague Terrace | 2 BDRM/2 Bath | 2BR,2BA | $1.08 |
| Garland Rodes Apartments | Two Bedroom | 2BR,1.5BA | $1.40 |
| Boonsboro Village Apartments | 2 Bedroom, 1.5 Bath TH | 2BR,1.5BA | $1.26 |
| The Wayne | Courtyard 1st Floor | 1BR,1BA | $1.33 |
| Midtown on 12th | Studio | Studio ,1BA | $1.07 |
| Rivermont Park | 1 Bedroom, 1 Bath | 1BR,1BA | $1.41 |
| Ryan School Apartments | Two Bedroom | 2BR,1BA | $1.51 |
| Hillcrest Manor Apartments | 1br | 1BR,1BA | $1.08 |
| Dumont Apartments | 1BR/1.0BA | 1BR,1BA | $1.36 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shipman, VA Rentals by Map
See the most popular apartments and homes in Shipman, VA
Frequently Asked Questions about Cheap Shipman Apartments
What is the Cheapest Studio apartment in Shipman?
Currently the most affordable Cheap Studio Apartment in Shipman is at Rivermont Park listed at $859.
How much is rent for a Cheap One Bedroom Shipman Apartment?
The lowest price for a Cheap One Bedroom Shipman Apartment is $695 at Dumont 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 $765 at Hillcrest Manor Apartments.
What is the most affordable Shipman Three Bedroom Apartment?
The best deal on a cheap Shipman Three Bedroom Apartment rental is at Montague Terrace and starts from $1,075.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.