
Cheap Apartments for Rent in Shannon, IL from $400 (19 Rentals)
Cheap Apartments in Shannon.


Riverside Apartments and Townhomes

Roosevelt School Apartments

Northland Park Apartments

Whitestone Manor Apartments

Pine View

MEADOWS OF LUKE RIDGE

Dixon River Apartments
Navigating 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.

Washington Senior Apartments

Kiwanis Manor Apartments

Beacon Hill Apartments

1137 Chicago Ave

201 5th Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Shannon, IL Local Guide

How much does it cost to rent an apartment in Shannon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shannon Studio Apartments | $890 | $525 | $1,399 |
Shannon 1 Bedroom Apartments | $1,023 | $480 | $1,599 |
Shannon 2 Bedroom Apartments | $1,184 | $480 | $2,500 |
Shannon 3 Bedroom Apartments | $1,306 | $757 | $1,954 |
Browse Top Apartments in Shannon
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Shannon, IL Local Guide
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Cheapest Available Shannon Apartments for Rent and Nearby
 The cheapest available apartment rental in Shannon, IL is a 2 Beds unit found at Rockford Housing Authority in the Central Terrace neighborhood priced from $480. Riverside Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Shannon apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Rockford Housing Authority | Park Terrace 2 Bed | 2BR,1BA | $480 |
Riverside Apartments and Townhomes | Studio | Studio,1BA | $525 |
Roosevelt School Apartments | 1 bedroom | 1BR,1BA | $570 |
Northland Park Apartments | Studio | Studio,1BA | $625 |
Greenfield | 96-a | 2BR,1BA | $650 |
Best Value Apartments for Rent in Shannon, IL and Nearby
As of May 03, 2025 the best value apartment in the Shannon area is the $1.00 price per square foot 2 bedroom Model at Roosevelt School Apartments in the starting from $1,000. The second greatest value Shannon apartment is the 2 Bedroom 1.5 Bath Model at Riverside Glen Apartments starting at $963 with a $1.01 price per square foot in the North Rock neighborhood. Here is today’s list of the best values for Shannon apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Roosevelt School Apartments | 2 bedroom | 2BR,1.5BA | $1.00 |
Riverside Glen Apartments | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.01 |
Cottage Bluff Apartments | 2-Bedroom | 2BR,1BA | $1.02 |
Winmar Townhomes | 1376-b | 2BR,2BA | $0.79 |
Greenfield | 116-a | 2BR,1BA | $0.72 |
Westwinds | 2BD 1BA | 2BR,1BA | $0.86 |
Cheshire | 1BD 1BA | 1BR,1BA | $0.86 |
Kiwanis Manor Apartments | 3001 - updated | 2BR,1BA | $1.00 |
Whitestone Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1.08 |
Rockford Housing Authority | Olesen Plaza 1 Bed | 1BR,1BA | $0.98 |
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Explore Shannon, IL Rentals by Map
See the most popular apartments and homes in Shannon, IL
Getting Around Shannon, IL
Walk Score®
23 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
31 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Shannon Apartments
What is the Cheapest Studio apartment in Shannon?
Currently the most affordable Cheap Studio Apartment in Shannon is at Riverside Apartments and Townhomes listed at $525.
How much is rent for a Cheap One Bedroom Shannon Apartment?
The lowest price for a Cheap One Bedroom Shannon Apartment is $480 at Rockford Housing Authority.
What is the lowest price for a Cheap Two Bedroom Shannon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shannon is starting from $480 at Rockford Housing Authority.
What is the most affordable Shannon Three Bedroom Apartment?
The best deal on a cheap Shannon Three Bedroom Apartment rental is at Pine View and starts from $969.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.