Cheap Apartments for Rent in the Old Shepard Place Neighborhood of Plano, TX from $700 (57 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
$1,099 - $3,169
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$1,099 - $3,169

Total Monthly Price
$1,099 - $3,169
1 to 2 Bedroom Apartments Available Now

Old Shepard Place

1520 Preston RdPlano, TX 75093
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Towns Of Chapel Hill
$1,312 - $3,001
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$1,312 - $3,001

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1 to 3 Bedroom Apartments Contact Us For Availability

Towns Of Chapel Hill

6201 Chapel Hill BlvdPlano, TX 75093
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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.

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AMLI West Plano
Rent Specials
$1,369 - $3,309
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$1,369 - $3,309

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Studio to 2 Bedroom Apartments Available Now

AMLI West Plano

5961 W Parker RdPlano, TX 75093
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Cottages at Tulane
1 to 2 Bedroom Apartments

Cottages at Tulane

2600 Preston RdPlano, TX 75093
  • Utilities Included
property at 2601 Preston Rd

$1,500 - $1,850

1 To 2 Bedroom Rentals

Available Now

2601 Preston Rd

PlanoTX75093

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Pear Ridge
$1,130 - $3,091
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$1,130 - $3,091

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1 to 2 Bedroom Apartments Available Now

Pear Ridge

4753 Old Bent Tree LnDallas, TX 75287
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The Brixton
$1,444 - $2,685
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$1,444 - $2,685

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1 to 3 Bedroom Apartments Available Now

The Brixton

18959 N Dallas PkyDallas, TX 75287
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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 $606. The Versailles Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Old Shepard Place apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
The Park on PrestonA 11BR,1BA$606
The Versailles ApartmentsCaroline1BR,1BA$735
Champions of North DallasChampions A A31BR,1BA$773
Sutton PlaceA1A The Oxford1BR,1BA$808
The VincentA11BR,1BA$824
Villas on Rosemeade East1x1-6501BR,1BA$872
The Oaks of North Dallas1x11BR,1BA$950
The Manhattan ApartmentsStaten1BR,1BA$964
BentonA11BR,1BA$969
Bristol Apartment LivingA11BR,1BA$970

Best Value Apartments for Rent in Old Shepard Place, TX

As of April 27, 2026 the best value apartment in the Old Shepard Place area is the $1.39 price per square foot B3 Model at Preston Heights Apartments in the in the Far North Dallas neighborhood starting from $1,811. The second greatest value Old Shepard Place apartment is the B4 Model at The Chase Apartments starting at $1,839 with a $1.45 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.
Preston Heights ApartmentsB32BR,2BA$1.39
The Chase ApartmentsB42BR,2BA$1.45
Allure North Dallas2 Bed - 2 Bath2BR,2BA$1.40
Preston Villasprva21BR,1BA$1.49
The Versailles ApartmentsEmery Townhomes1BR,1.5BA$1.30
Essence North Dallas1 Bed - 1 Bath (Renovated)1BR,1BA$1.49
The MonteA2 Classic1BR,1BA$1.54
BentonA11BR,1BA$1.49
Villas on Rosemeade East1x1-6501BR,1BA$1.34
Champions of North DallasChampions B A2 Upgraded1BR,1BA$1.38

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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 $970.

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 $606, while the average apartment in Old Shepard Place costs $3,000.

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 154 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 $247 which is $2,753 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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