Cheap Apartments for Rent in Shoals, IN from $400 (39 Rentals)

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

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Ironton at Shoals
Studio to 2 Bedroom Apartments

Ironton at Shoals

11708 Ironton RdShoals, IN 47581
Senior Living
  • Utilities Included

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.

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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.

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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.

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Acadia Court
Studio to 2 Bedroom Apartments

Acadia Court

2995 S Acadia CtBloomington, IN 47401
Corporate Housing
  • Utilities Included
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115 N Washington St
1 to 3 Bedroom Apartments

115 N Washington St

115 N Washington StBloomington, IN 47404
Student Housing
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West Baden Lofts
2 to 3 Bedroom Apartments

West Baden Lofts

942 N Main StWest Baden Springs, IN 47469
  • Utilities Included
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2511 Q St
1 to 2 Bedroom Apartments

2511 Q St

2511 Q StBedford, IN 47421

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.

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DunnPark Studios
Studio Apartments

DunnPark Studios

115 N Dunn StBloomington, IN 47408
Showing Results 1-39, Page 1 of 1

Shoals, IN Local Guide

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 ListingModel NameBed/BathPriced From
Cine Senior ApartmentsTwo Bedroom2BR,1BA$690
Woodland Springs1 Bedroom1BR,1BA$725
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$750
Basswood Apartments1 Bedroom 1 Bathroom1BR,1BA$825
323 S Grant STRedwood Apartments - Walk to Class! - 1 Bed/1 B...1BR,1BA$849
Summit PointeWoodland1BR,1BA$850
College Square ApartmentsThe Walnut1BR,1BA$852
Union at Crescent1 Bed 1 Bath1BR,1BA$866
The Uptown ApartmentsBennett1BR,1BA$905
The Annex of BloomingtonS-B0-1EStudio,1BA$1,075

Best Value Apartments for Rent in Shoals, IN and Nearby

As of July 28, 2026 the best value apartment in the Shoals area is the $0.64 price per square foot The Ellis - 3 Bed/3 Bath - Per Bed Pricing! - L... Model at The Ellis in the in the Downtown Bloomington IN neighborhood starting from $750. The second greatest value Shoals apartment is the 2 Bedroom, 2 Bath Model at Kingsley on Walnut starting at $1,100 with a $1.00 price per square foot . Here is today’s list of the best values for Shoals apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The EllisThe Ellis - 3 Bed/3 Bath - Per Bed Pricing! - L...3BR,3BA$0.64
Kingsley on Walnut2 Bedroom, 2 Bath2BR,2BA$1.00
Big Red Apartments3 Bed 1 Bath3BR,1BA$1.37
The Quarters BloomingtonE2 - 2x22BR,2BA$1.46
Hidden Hills at Oakdale2 Bedroom2BR,1BA$1.32
Summit PointeSummit2BR,2BA$1.26
Woodland Springs1 Bedroom1BR,1BA$0.98
Union at Crescent1 Bed 1 Bath1BR,1BA$1.28
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$1.15
Basswood Apartments1 Bedroom 1 Bathroom1BR,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.

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Real 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.

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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.

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Pet Friendly Lifestyle
Shoals, IN

Ranked #15

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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

Explore Shoals, IN Rentals by Map

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See the most popular apartments and homes in Shoals, IN

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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 The Annex of Bloomington listed at $1,075.

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

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.