Cheap Apartments for Rent in Shipman, IL from $500 (49 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
close
View Me
Heatherton Estates
1 to 2 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033
close
View Me
Timber Ridge
2 Bedroom Apartments

Timber Ridge

1342 N Garden DrSt. Louis, MO 63138
  • Utilities Included
Showing Results 1-49, Page 1 of 1

Shipman, IL Local Guide

Cheapest Available Shipman Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shipman, IL is a 1 Bed unit found at Rocwood Apartments priced from $650. The Residences at Bella Vista in the North Riverfront neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Shipman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rocwood Apartments1BR Units1BR,1BA$650
The Residences at Bella VistaClassic1BR,1BA$700
Whispering Lake Apartments1BR 1BA GARDEN1BR,1BA$745
Cedar Point ApartmentsEfficiencyStudio,1BA$750
The Social EdwardsvilleThe Cougar Unfurnished4BR,4BA$759
Brighton Apartments1BR/1BA1BR,1BA$775
Kensington Square ApartmentsClassic 1 Bedroom 1 Bath1BR,1BA$825
The Groves Apartments and TownhomesNo deposit on our beautiful one bed apartment w...1BR,1BA$825
DES ARBOLES1 Bed1 Bath1BR,1BA$850
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$900

Best Value Apartments for Rent in Shipman, IL and Nearby

As of April 25, 2025 the best value apartment in the Shipman area is the $1.01 price per square foot 3 Bedroom 1.5 Bath Townhome with Garage Model at River Trace Townhomes in the in the North Riverfront neighborhood starting from $1,450. The second greatest value Shipman apartment is the B1 Model at Parc at 720 starting at $900 with a $0.72 price per square foot in the Fruit Maple Carpenter neighborhood. Here is today’s list of the best values for Shipman apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR,1.5BA$1.01
Parc at 720B12BR,2BA$0.72
Parkview2x12BR,1BA$1.03
The Groves Apartments and TownhomesNo deposit on our beautiful two bed apartment w...2BR,1BA$1.06
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.04
Windham Chase2 BD/1B2BR,1BA$1.14
The Social EdwardsvilleThe Eddie with Spirit Patio2BR,2BA$1.12
The Residences at Bella VistaRenovated1BR,1BA$1.09
Brighton Apartments1BR/1BA1BR,1BA$1.12
Rocwood Apartments1BR Units1BR,1BA$1.05

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

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

Explore Shipman, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Shipman, IL

View MapShipman, IL Apartments MapView MapShipman, IL Rental Homes Map

Getting Around Shipman, IL

Walk Score®

15 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 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 Shipman Apartments

What is the Cheapest Studio apartment in Shipman?

Currently the most affordable Cheap Studio Apartment in Shipman is at Cedar Point Apartments listed at $750.

How much is rent for a Cheap One Bedroom Shipman Apartment?

The lowest price for a Cheap One Bedroom Shipman Apartment is $650 at Rocwood Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Shipman is starting from $825 at The Residences at Bella Vista.

What is the most affordable Shipman Three Bedroom Apartment?

The best deal on a cheap Shipman Three Bedroom Apartment rental is at Rocwood Apartments and starts from $1,000.

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 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.

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.