Cheap Apartments for Rent in the Old Shepard Place Neighborhood of Plano, TX from $700 (69 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Shepard Place area of Plano.

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Old Shepard Place
Rent Specials
$1,152 - $2,853
Total Monthly Price

Total Monthly Price

Base Rent
$1,152 - $2,853

Total Monthly Price
$1,152 - $2,853
1 to 2 Bedroom Apartments Available Now

Old Shepard Place

1520 Preston RdPlano, TX 75093
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Dallas's Best Affordable Neighborhoods

Learn about Dallas and the best places to live with original content written by our Dallas, TX Local Expert Tiffany Clark

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Cottages at Tulane
1 to 2 Bedroom Apartments

Cottages at Tulane

2600 Preston RdPlano, TX 75093
  • Utilities Included
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The Calvin
1 to 3 Bedroom Apartments

The Calvin

2501 Ohio DrPlano, TX 75093
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Towns Of Chapel Hill
1 to 3 Bedroom Apartments

Towns Of Chapel Hill

6201 Chapel Hill BlvdPlano, TX 75093
  • Utilities Included
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AMLI West Plano
Studio to 2 Bedroom Apartments

AMLI West Plano

5961 W Parker RdPlano, TX 75093
Corporate Housing
property at 2601 Preston Rd

$1,600 - $2,050

1 To 2 Bedroom Rentals

Available Now

2601 Preston Rd

PlanoTX75093

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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Oaks at Plano
1 to 2 Bedroom Apartments

The Oaks at Plano

5000 Old Shepard PlPlano, TX 75093
Senior Living
  • Utilities Included

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The Chase Apartments
Rent Specials
$1,266 - $1,751
Total Monthly Price

Total Monthly Price

Base Rent
$1,266 - $1,751

Total Monthly Price
$1,266 - $1,751
1 to 2 Bedroom Apartments Available Now

The Chase Apartments

4343 Rosemeade PkyDallas, TX 75287
Furnished
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Pear Ridge
$1,360 - $3,716
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $3,716

Total Monthly Price
$1,360 - $3,716
1 to 2 Bedroom Apartments Available Now

Pear Ridge

4753 Old Bent Tree LnDallas, TX 75287
Affordability
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The Brixton
$1,455 - $4,311
Total Monthly Price

Total Monthly Price

Base Rent
$1,455 - $4,311

Total Monthly Price
$1,455 - $4,311
1 to 3 Bedroom Apartments Available Now

The Brixton

18959 N Dallas PkyDallas, TX 75287
Affordability
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  • Customer Reviewed
  • 3D Tour

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Old Shepard Place, Plano, TX Local Guide

Cheapest Available Old Shepard Place Apartments for Rent

 

The cheapest available apartment rental in the Old Shepard Place area of Dallas, TX is a 1 Bed unit found at The Park on Preston priced from $776. The Vincent has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here are the most affordable Old Shepard Place apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
The Park on PrestonA 31BR,1BA$776
The VincentA11BR,1BA$815
Sutton PlaceA1A The Oxford1BR,1BA$837
Champions of North DallasChampions B A31BR,1BA$864
Richmond ApartmentsA1 Classic1BR,1BA$890
Villas on Rosemeade East1x1-6501BR,1BA$899
Veridian PlaceA11BR,1BA$918
The Versailles ApartmentsDevin1BR,1BA$935
4804 HaverwoodA1D1BR,1BA$950
The Oaks of North Dallas1x11BR,1BA$950

Best Value Apartments for Rent in Old Shepard Place, TX

As of August 17, 2026 the best value apartment in the Old Shepard Place area is the $1.49 price per square foot C1 Model at Benton in the in the Far North Dallas neighborhood starting from $2,014. The second greatest value Old Shepard Place apartment is the B1: 2 Bed 2 Bath Model at Allure North Dallas starting at $1,649 with a $1.52 price per square foot in the Far North Dallas neighborhood. Here is today’s list of the best values for Old Shepard Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
BentonC13BR,2BA$1.49
Allure North DallasB1: 2 Bed 2 Bath2BR,2BA$1.52
Preston Villasprva11BR,1BA$1.49
The VincentA41BR,1BA$1.61
The MonteA2 Renovated1BR,1BA$1.56
The Willows on Rosemeade1 Bed 1 Bath - A11BR,1BA$1.51
Preston Village ApartmentsA1BR,1BA$1.56
The Gallery ApartmentsB1BR,1BA$1.61
4804 HaverwoodA1D1BR,1BA$1.58
Veridian PlaceA11BR,1BA$1.60

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Lifestyle Ratings

Our team compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States including Old Shepard Place, Plano, and the greater Dallas area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, family-friendly amenities, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Old Shepard Place Apartments

What is a cheap apartment in Old Shepard Place?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Shepard Place is under $950.

What is the price of a cheap apartment in Old Shepard Place?

The cheapest apartment in Old Shepard Place is The Park on Preston which is listed at $776, while the average apartment in Old Shepard Place costs $1,350.

What types of apartments are the cheapest in Old Shepard Place?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 110 regular apartments in Old Shepard Place that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Old Shepard Place?

Cheap apartments in Old Shepard Place have an average cost of $207 which is $1,143 cheaper than the average rent for all rentals in Old Shepard Place.

Expert Rental Resources

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.

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