
Cheap Homes for Rent in Shannon City, IA from $500 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Shannon City.


912 N Walnut St

1010 N Walnut St

515 W 11th St

1145 N College Dr

1135 N College Dr

409.5 E 3rd St

1001 N Buchanan St

1005 N Buchanan St

517 W 8th St

1633 N Country Club Rd

1645 N Country Club Rd

409 E 3rd St

517.5 W 7th St

524.5 W 8th St

517.5 W 8th St

940 27th St

814 N 15th St

1110 1st St
Shannon City, IA Local Guide

How much does it cost to rent a home in Shannon City?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shannon City 2 Bedroom Homes for Rent | $715 | $650 | $900 |
Shannon City 3 Bedroom Homes for Rent | $1,448 | $875 | $2,295 |
Shannon City 4 Bedroom Homes for Rent | $2,137 | $1,250 | $2,500 |
Browse Top Homes for Rent in Shannon City
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Shannon City, IA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Foxwood Apartments | B2 | 2BR,1BA | $660 |
1010 N 16th St | 1 bedroom unit | 1BR,1BA | $725 |
East Park Apartments | 1/2 Story Down | 2BR,1BA | $750 |
Indianola Park II Apartments | 1BR Ground | 1BR,1BA | $755 |
Indianola Park Apartments | 1BR Ground | 1BR,1BA | $755 |
Best Value Apartments for Rent in Shannon City, IA and Nearby
As of March 26, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Platinum Pointe | Platinum Pointe - 3 Bed | 3BR,3BA | $1.04 |
Providence Lane Townhomes | 3 Bed 2.5 Bath Townhome | 3BR,2.5BA | $1.14 |
Linden West | 2 bed 2 bath, with Laundry | 2BR,2BA | $1.14 |
Forest Cove Apartments | 3x1 | 3BR,1BA | $0.88 |
Lincoln Ridge by Kading | Sign a 13 Month Lease, Get the 13th Month Free! | 3BR,1BA | $1.14 |
Twin Eagles by Kading | Villa | 3BR,1BA | $1.14 |
Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $1.07 |
Next Level Apartments - Deer Run | B1 | 2BR,1BA | $1.03 |
Park Avenue Apartments | 2 Bed | 2BR,1BA | $1.12 |
Foxwood Apartments | A2 | 1BR,1BA | $1.15 |
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Frequently Asked Questions about Shannon City
What type of rentals are currently available in Shannon City?
There are currently 42 Apartments for Rent in Shannon City, IA with pricing that ranges from $500 to $4,405. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shannon City ranging from $535 to $2,500.
What is the current price range for Rental Homes in Shannon City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shannon City ranges from $535 to $2,500 with an average monthly rent of $1,229.
How much are larger Three and Four Bedroom Rentals in Shannon City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shannon City range from $965 to $4,405, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $2,500.
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.

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.

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.

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.

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.