
Cheap Apartments for Rent in Shoals, IN from $425 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Shoals.


Ironton at Shoals

Cine Senior Apartments

Woodland Springs

Lofton

Woodington Management Properties

Acadia Court

Canadian Apartments

Basswood Apartments
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.

Sunflower Place - Full for Rent

323 S Grant ST

Summit Pointe

Union at Crescent

The Uptown Apartments

Hillside Manors

Forest Ridge

Alleyworks

400-402 S Henderson St
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.

The Annex of Bloomington

Echo Park

Big Red Apartments

809 S Henderson St

609 S Henderson

Kingsley on Walnut

Adams Village | Specials Available

Woods at Latimer (1 bed/1 bath community)

Hidden Hills at Oakdale
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.

Westgate on Third

582 E Hillside Dr

Hayden Flats

The Boulders at Deer Park

Steeplechase Apartments

The Fields

6183 S Fairfax Rd

5054 IN-56

207 Lincoln Dr
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.

115 N Washington St

West Baden Lofts

College Square Apartments

2511 Q St

1100 Red Roof Dr

DunnPark Studios

Sunrise Suites Apartments

Beacon Hill

Waters Edge Apartments Bloomington
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.

4 Sundale Trailer Ct

19 Sundale Trailer Ct
Shoals, IN Local Guide

How much does it cost to rent an apartment in Shoals?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shoals Studio Apartments | $1,153 | $425 | $1,500 |
| Shoals 1 Bedroom Apartments | $1,396 | $630 | $2,040 |
| Shoals 2 Bedroom Apartments | $1,570 | $690 | $2,628 |
| Shoals 3 Bedroom Apartments | $1,847 | $660 | $3,180 |
| Shoals 4 Bedroom Apartments | $1,384 | $510 | $3,460 |
Browse Top Apartments in Shoals
See all Apartments in ShoalsExplore Shoals
Shoals, IN Local Guide
- Nearby Cities
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Cheapest Available Shoals Apartments for Rent and Nearby
 The cheapest available apartment rental in Shoals, IN is a 2 Beds unit found at Cine Senior Apartments priced from $690. Woodland Springs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Shoals apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cine Senior Apartments | Two Bedroom | 2BR,1BA | $690 |
| Woodland Springs | 1 Bedroom | 1BR,1BA | $725 |
| Lofton | Lofton - Individual Lease - 2bed/2bath | 1BR,2BA | $749 |
| Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $750 |
| Acadia Court | Studio | Studio,1BA | $760 |
| Basswood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $825 |
| Sunflower Place - Full Unit for Rent | One Bed | 1BR,1BA | $830 |
| Summit Pointe | Woodland | 1BR,1BA | $850 |
| Union at Crescent | 1 Bed 1 Bath | 1BR,1BA | $866 |
| The Uptown Apartments | Bennett | 1BR,1BA | $905 |
Best Value Apartments for Rent in Shoals, IN and Nearby
As of September 14, 2026 the best value apartment in the Shoals area is the $0.65 price per square foot The Pulse II (per bed) Model at Urban Station in the in the Downtown Bloomington IN neighborhood starting from $735. The second greatest value Shoals apartment is the 3 Bed 1 Bath Model at Big Red Apartments starting at $1,100 with a $1.08 price per square foot in the Downtown Bloomington IN neighborhood. Here is today’s list of the best values for Shoals apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Urban Station | The Pulse II (per bed) | 2BR,2BA | $0.65 |
| Big Red Apartments | 3 Bed 1 Bath | 3BR,1BA | $1.08 |
| Kingsley on Walnut | The Rose | 2BR,2BA | $1.23 |
| The Stratum at Indiana | 2x2 | 2BR,2BA | $0.86 |
| 400-402 S Henderson St | 400-402 S. Henderson - 1 Bedroom with an Office... | 1BR,1BA | $1.23 |
| The Monroe | B2 | 2BR,2BA | $1.02 |
| Woodland Springs | 1 Bedroom | 1BR,1BA | $0.98 |
| Union at Crescent | 1 Bed 1 Bath | 1BR,1BA | $1.28 |
| Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $1.15 |
| Basswood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.28 |
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 ArticleNavigating 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 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.
Pet Friendly LifestyleShoals, IN
Ranked #23
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shoals, IN Rentals by Map
See the most popular apartments and homes in Shoals, IN
Frequently Asked Questions about Cheap Shoals Apartments
What is the Cheapest Studio apartment in Shoals?
Currently the most affordable Cheap Studio Apartment in Shoals is at Acadia Court listed at $760.
How much is rent for a Cheap One Bedroom Shoals Apartment?
The lowest price for a Cheap One Bedroom Shoals Apartment is $725 at Woodland Springs.
What is the lowest price for a Cheap Two Bedroom Shoals Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shoals is starting from $690 at Cine Senior Apartments.
What is the most affordable Shoals Three Bedroom Apartment?
The best deal on a cheap Shoals Three Bedroom Apartment rental is at Woodland Springs and starts from $900.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

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.