
Cheap Homes for Rent in Shoals, IN from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Shoals.


207 Lincoln Dr

127 W Grissom Ave

9310 S Lake Ridge Dr

1754 Spencer Pike Rd
Shoals, IN Local Guide

How much does it cost to rent a home in Shoals?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shoals 2 Bedroom Homes for Rent | $1,269 | $528 | $1,800 |
Shoals 3 Bedroom Homes for Rent | $1,856 | $850 | $2,400 |
Shoals 4 Bedroom Homes for Rent | $2,300 | $1,900 | $2,500 |
Shoals 5 Bedroom Homes for Rent | $2,750 | $2,500 | $3,000 |
Browse Top Homes for Rent in Shoals
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Shoals, IN Local Guide
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Cheapest Available Shoals Apartments for Rent and Nearby
 The cheapest available apartment rental in Shoals, IN is a 1 Bed unit found at Ironton at Shoals priced from $700. Sunflower II in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $790. Here is today’s list of the most affordable Shoals apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $700 |
Sunflower II | 1 Bed, 1 bath | 1BR,1BA | $790 |
Woodington Management Properties | Old Towne | Studio,1BA | $800 |
Best Value Apartments for Rent in Shoals, IN and Nearby
As of March 24, 2025 the best value apartment in the Shoals area is the $1.65 price per square foot Pinehurst Model at Grove at Latimer in the in the Downtown Bloomington IN neighborhood starting from $2,055. The second greatest value Shoals apartment is the Briarcliff II Model at The Fields starting at $1,590 with a $1.45 price per square foot in the Downtown Bloomington IN neighborhood. Here is today’s list of the best values for Shoals apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Grove at Latimer | Pinehurst | 3BR,3BA | $1.65 |
The Fields | Briarcliff II | 2BR,1BA | $1.45 |
Union at Crescent | 3 Bed 2 Bath | 3BR,2BA | $1.35 |
Steeplechase Apartments | The Cheltenham | 2BR,2BA | $1.64 |
Forest Ridge | Chestnut | 2BR,2BA | $1.45 |
The League Bloomington | 2x2 | 2BR,2BA | $1.37 |
The Monroe | B2 | 2BR,2BA | $1.22 |
Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $1.08 |
Sunflower II | 1 Bed, 1 bath | 1BR,1BA | $1.46 |
College Square Apartments | The Walnut | 1BR,1BA | $1.80 |
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Frequently Asked Questions about Shoals
What type of rentals are currently available in Shoals?
There are currently 43 Apartments for Rent in Shoals, IN with pricing that ranges from $790 to $5,150. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shoals ranging from $528 to $3,000.
What is the current price range for Rental Homes in Shoals?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shoals ranges from $528 to $3,000 with an average monthly rent of $1,785.
How much are larger Three and Four Bedroom Rentals in Shoals?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shoals range from $950 to $5,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $790.
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.