Cheap Apartments for Rent in Shepherd, MI from $400 (16 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Shepley Apartments
1 to 2 Bedroom Apartments

Shepley Apartments

711 Fairway DrSt. Louis, MI 48880
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Shepherd, MI Local Guide

Cheapest Available Shepherd Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shepherd, MI is a Studio unit found at Rest All Suites priced from $600. Rivers Edge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Shepherd apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rest All SuitesStudio, 1 bathStudio,1BA$600
Rivers Edge Apartments1 Bedroom1BR,1BA$650
Brookwood Gardens and Manor1 Bedroom1BR,1BA$711
Oak Tree Village ApartmentsOPEN WAITLIST2BR,1BA$740
Mary Court Place ApartmentsTownhome2BR,1BA$750

Best Value Apartments for Rent in Shepherd, MI and Nearby

As of July 27, 2025 the best value apartment in the Shepherd area is the $0.30 price per square foot Townhome Model at Appian Way Apartments in the starting from $425. The second greatest value Shepherd apartment is the C1 Model at Village at Bluegrass starting at $445 with a $0.34 price per square foot . Here is today’s list of the best values for Shepherd apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Appian Way ApartmentsTownhome4BR,2BA$0.30
Village at BluegrassC13BR,3BA$0.34
Summerhill VillageClayton 734 Zero Energy Ready Home3BR,2BA$1.16
Canterbury East ApartmentsTwo Bedroom Fireplace2BR,1.5BA$1.06
Timber Creek ApartmentsTwo Bedroom2BR,1BA$0.98
Oak Tree Village ApartmentsOPEN WAITLIST2BR,1BA$0.82
The Edge at 1815 - Student HousingTwo Bedroom Two Bath Apartment *Per Person Rates2BR,2BA$0.55
Mary Court Place ApartmentsTownhome2BR,1BA$0.88
Park Place Apartments2 Bedroom Park Place Non-Renovated2BR,1BA$1.02
Brookwood Gardens and Manor2 Bedroom2BR,1BA$1.20

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

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Getting Around Shepherd, MI

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Shepherd Apartments

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

The lowest price for a Cheap One Bedroom Shepherd Apartment is $650 at Rivers Edge Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Shepherd is starting from $740 at Oak Tree Village Apartments.

What is the most affordable Shepherd Three Bedroom Apartment?

The best deal on a cheap Shepherd Three Bedroom Apartment rental is at Summerhill Village and starts from $1,150.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.