Cheap Homes for Rent in Sheppard Air Force Base, TX from $500 (21 Rentals)

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Search the lowest-cost Homes available for rent right now in Sheppard Air Force Base.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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.

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Sheppard Air Force Base, TX Local Guide

Cheapest Available Sheppard Air Force Base Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sheppard Air Force Base, TX is a 1 Bed unit found at Forest Glen in the West Wichita Falls neighborhood priced from $650. Santa Fe Village & Highlander Apartments in the North Wichita Falls neighborhood 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 Sheppard Air Force Base apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forest GlenA1 1x11BR,1BA$650
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$650
The Kate Apartments & Student HousingEfficiencies1BR,1BA$650
Abbington Vista of Henrietta1BD1BR,1BA$676
FountaingateA11BR,1BA$685

Best Value Apartments for Rent in Sheppard Air Force Base, TX and Nearby

As of May 01, 2026 the best value apartment in the Sheppard Air Force Base area is the $1.10 price per square foot 2-Bedroom 1st Floor Luxury Upgrade + Back yard Model at Lions Court Apartments in the in the East Wichita Falls neighborhood starting from $1,020. The second greatest value Sheppard Air Force Base apartment is the B1 Model at Maverick on Maurine Apartments starting at $845 with a $0.96 price per square foot in the North Wichita Falls neighborhood. Here is today’s list of the best values for Sheppard Air Force Base apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lions Court Apartments2-Bedroom 1st Floor Luxury Upgrade + Back yard2BR,1.5BA$1.10
Maverick on Maurine ApartmentsB12BR,2BA$0.96
Stone Gate Terrace1 bd, 1 ba1BR,1BA$1.10
Mustang Village2 Bed / 2 Bath2BR,2BA$0.80
Alamo School Lofts1 Bed, 1 bath1BR,1BA$1.06
Pioneer Crossing Burkburnett SeniorsOne Bed1BR,1BA$1.00
Austin School LoftsOpen LoftStudio ,1BA$1.13
Abbington Vista of Henrietta1BD1BR,1BA$0.91
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$0.90
Waterford Glen1A1BR,1BA$1.11

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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

Explore Sheppard Air Force Base, TX Rentals by Map

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Frequently Asked Questions about Sheppard Air Force Base

What type of rentals are currently available in Sheppard Air Force Base?

There are currently 51 Apartments for Rent in Sheppard Air Force Base, TX with pricing that ranges from $430 to $1,825. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sheppard Air Force Base ranging from $575 to $2,595.

What is the current price range for Rental Homes in Sheppard Air Force Base?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Sheppard Air Force Base ranges from $575 to $2,595 with an average monthly rent of $1,244.

How much are larger Three and Four Bedroom Rentals in Sheppard Air Force Base?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Sheppard Air Force Base range from $530 to $1,825, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $430.

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.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.