Cheap Homes for Rent in Shelby, IA from $800 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Shelby.

property at 812 N 33rd St

812 N 33rd St

OmahaNE68131
property at 3306 Burt St

3306 Burt St

OmahaNE68131
property at 502 William St

502 William St

OmahaNE68108

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.

Shelby, IA Local Guide

Cheapest Available Shelby Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shelby, IA is a 1 Bed unit found at Maple Second in the Old Market neighborhood priced from $800. 3633 Avenue A in the Old Market neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Shelby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Maple SecondOne Bed/One Bath | 1-11BR,1BA$800
3633 Avenue A2 Bed 1 Bath2BR,1BA$850
Larimore Senior ResidencesOne Bed/One Bat 60% Hh1BR,1BA$883

Best Value Apartments for Rent in Shelby, IA and Nearby

As of April 28, 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 2BR/1.0BA Model at The Archive starting at $1,475 with a $1.21 price per square foot in the Twin City neighborhood. Here is today’s list of the best values for Shelby apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cornerstone Apartments1 Bed 1 Bath1BR,1BA$1.18
The Archive2BR/1.0BA2BR,1BA$1.21
Deer ParkWhitetail2BR,1BA$1.32
Highclere Apartments2 Beds 2 Baths2BR,2BA$1.21
Cottonwood Apartments2X1B2BR,1BA$1.13
Old Market Lofts2 Bedroom 1 Bathroom2BR,1BA$1.32
The BluffsTwo Bedroom 2nd Floor2BR,1BA$1.05
Chapel Ridge-C BluffsTwo Bedroom2BR,2BA$1.32
Larimore Senior ResidencesOne Bed/One Bath - 50%1BR,1BA$1.28
Sherwood Forest Apartments1 bd x 1 bth- small1BR,1BA$1.30

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Shelby

What type of rentals are currently available in Shelby?

There are currently 46 Apartments for Rent in Shelby, IA with pricing that ranges from $575 to $2,679. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelby ranging from $895 to $2,950.

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 $895 to $2,950 with an average monthly rent of $1,960.

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 $1,050 to $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,650. Four Bedroom Single-Family rentals are also available starting from $2,595 and Four Bedroom Apartments start at $1,500.

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.

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 Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

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.