
Cheap Homes for Rent in Shelby, IA from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Shelby.


414 4th St

4123 Avenue C

3132 Craig Ave

304 Fuller Ave

5502 N 28th Ave

502 William St
Shelby, IA Local Guide

How much does it cost to rent a home in Shelby?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shelby 2 Bedroom Homes for Rent | $1,496 | $1,050 | $2,950 |
Shelby 3 Bedroom Homes for Rent | $1,930 | $1,000 | $3,800 |
Shelby 4 Bedroom Homes for Rent | $1,640 | $1,475 | $1,900 |
Shelby 5 Bedroom Homes for Rent | $2,850 | $2,850 | $2,850 |
Browse Top Homes for Rent in Shelby
Explore Shelby
Shelby, IA Local Guide
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Cheapest Available Shelby Apartments for Rent and Nearby
 The cheapest available apartment rental in Shelby, IA is a 1 Bed unit found at Hidden Bluffs Apartments priced from $795. Maple Second in the Old Market neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Shelby apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hidden Bluffs Apartments | 1X1 Balcony | 1BR,1BA | $795 |
Maple Second | One Bed/One Bath | 1-1 | 1BR,1BA | $800 |
Larimore Senior Residences | One Bed/One Bat 60% Hh | 1BR,1BA | $883 |
Best Value Apartments for Rent in Shelby, IA and Nearby
As of March 24, 2025 the best value apartment in the Shelby area is the $1.18 price per square foot 1 Bed 1 Bath Model at Cornerstone Apartments in the in the Old Market neighborhood starting from $1,475. The second greatest value Shelby apartment is the 2 Beds 2 Baths Model at Highclere Apartments starting at $1,290 with a $1.17 price per square foot . Here is today’s list of the best values for Shelby apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Cornerstone Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.18 |
Highclere Apartments | 2 Beds 2 Baths | 2BR,2BA | $1.17 |
Chapel Ridge-C Bluffs | Three Bedroom | 3BR,2BA | $1.36 |
Valley View Estates | 1 Bedroom | 1BR,1BA | $1.34 |
Deerfield | Two Bedroom 22A | 2BR,1.75BA | $1.36 |
Nichol Flats | 1x1 B | 1BR,1BA | $1.33 |
Old Market Lofts | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.44 |
Skinner Macaroni Lofts | One Bedroom | 1BR,1BA | $1.42 |
Larimore Senior Residences | One Bed/One Bath - 50% | 1BR,1BA | $1.28 |
Sherwood Forest Apartments | 1 bd x 1 bth- small | 1BR,1BA | $1.30 |
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Frequently Asked Questions about Shelby
What type of rentals are currently available in Shelby?
There are currently 45 Apartments for Rent in Shelby, IA with pricing that ranges from $575 to $3,432. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelby ranging from $900 to $3,800.
What is the current price range for Rental Homes in Shelby?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shelby ranges from $900 to $3,800 with an average monthly rent of $1,896.
How much are larger Three and Four Bedroom Rentals in Shelby?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shelby range from $965 to $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,475 and Four Bedroom Apartments start at $1,425.
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.