Cheap Apartments for Rent in Shannon City, IA from $500 (38 Rentals)

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

property at 222 Park Ave

222 Park Ave

MaryvilleMO64468
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Williams Terrace
1 Bedroom Apartments

Williams Terrace

1603 N 9th StIndianola, IA 50125
property at 940 27th St

940 27th St

ClarindaIA51632
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University Point
2 Bedroom Apartments

University Point

1217 W 16th StMaryville, MO 64468
property at 814 N 15th St

814 N 15th St

ClarindaIA51632

Shannon City, IA Local Guide

Cheapest Available Shannon City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shannon City, IA is a 2 Beds unit found at Foxwood Apartments in the Easton Park neighborhood priced from $660. 1010 N 16th St 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 Shannon City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Foxwood ApartmentsB22BR,1BA$660
1010 N 16th St1 bedroom unit1BR,1BA$725
East Park Apartments1/2 Story Down2BR,1BA$750
Indianola Park II Apartments1BR Ground1BR,1BA$755
Indianola Park Apartments1BR Ground1BR,1BA$755
Next Level Apartments - Deer RunB12BR,1BA$825
Park Avenue Apartments2 Bed2BR,1BA$895
Northern Plains by KadingCottage - 22BR,1BA$895
Forest Cove Apartments3x13BR,1BA$899
Norwalk Village Estates2BR/1.0BA2BR,1BA$900

Best Value Apartments for Rent in Shannon City, IA and Nearby

As of March 27, 2025 the best value apartment in the Shannon City area is the $1.04 price per square foot Platinum Pointe - 3 Bed Model at Platinum Pointe in the starting from $2,500. The second greatest value Shannon City apartment is the 3 Bed 2.5 Bath Townhome Model at Providence Lane Townhomes starting at $1,640 with a $1.14 price per square foot . Here is today’s list of the best values for Shannon City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Platinum PointePlatinum Pointe - 3 Bed3BR,3BA$1.04
Providence Lane Townhomes3 Bed 2.5 Bath Townhome3BR,2.5BA$1.14
Linden West2 bed 2 bath, with Laundry2BR,2BA$1.14
Forest Cove Apartments3x13BR,1BA$0.88
Lincoln Ridge by KadingSign a 13 Month Lease, Get the 13th Month Free!3BR,1BA$1.14
Twin Eagles by KadingVilla3BR,1BA$1.14
Northern Plains by KadingCottage - 22BR,1BA$1.07
Next Level Apartments - Deer RunB12BR,1BA$1.03
Park Avenue Apartments2 Bed2BR,1BA$1.12
Foxwood ApartmentsA21BR,1BA$1.15

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

Explore Shannon City, IA Rentals by Map

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Getting Around Shannon City, IA

Walk Score®

7 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

9 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Shannon City Apartments

What is the Cheapest Studio apartment in Shannon City?

Currently the most affordable Cheap Studio Apartment in Shannon City is at The Allure at 57 listed at $980.

How much is rent for a Cheap One Bedroom Shannon City Apartment?

The lowest price for a Cheap One Bedroom Shannon City Apartment is $717 at Foxwood Apartments.

What is the lowest price for a Cheap Two Bedroom Shannon City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shannon City is starting from $660 at Foxwood Apartments.

What is the most affordable Shannon City Three Bedroom Apartment?

The best deal on a cheap Shannon City Three Bedroom Apartment rental is at Forest Cove Apartments and starts from $899.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.