Cheap Homes for Rent in Sheppard Air Force Base, TX from $500 (14 Rentals)

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

property at 1111 Monroe St

$595

1 Bedroom, 1 Bath Home for Rent

Available Now

1111 Monroe St

Wichita FallsTX76309
property at 1104 Polk St

$685

1 Bedroom, 1 Bath Home for Rent

Available Now

1104 Polk St

Wichita FallsTX76309
property at 1314 Taylor St

$695

1 Bedroom, 1 Bath Home for Rent

Available Now

1314 Taylor St

Wichita FallsTX76309

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.

property at 1105 Bluff St

$750

1 Bedroom, 1 Bath Home for Rent

Available Now

1105 Bluff St

Wichita FallsTX76301
property at 1111 N Beverly Dr

$775

2 Bedroom, 1 Bath Home for Rent

Available Now

1111 N Beverly Dr

Wichita FallsTX76306

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.

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 2 Beds unit found at Woodview in the East Wichita Falls neighborhood priced from $641. 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
Woodview2X22BR,2BA$641
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 June 15, 2026 the best value apartment in the Sheppard Air Force Base area is the $1.02 price per square foot 3 bd, 2 ba Model at Stone Gate Terrace in the in the North Wichita Falls neighborhood starting from $1,345. The second greatest value Sheppard Air Force Base apartment is the 3 Bed 2 Bath A Model at Camelot Apartments in Wichita Falls TX starting at $1,299 with a $1.11 price per square foot in the East 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.
Stone Gate Terrace3 bd, 2 ba3BR,2BA$1.02
Camelot Apartments in Wichita Falls TX3 Bed 2 Bath A3BR,2BA$1.11
Woodview2X22BR,2BA$0.67
Alamo School Lofts1 Bed, 1 bath1BR,1BA$1.01
Winds of Oak Forest2BR/1BA2BR,1BA$0.92
Parkway VillasWillowbend2BR,2BA$0.97
Mustang Village2 Bed / 2 Bath2BR,2BA$0.80
Abbington Vista of Henrietta1BD1BR,1BA$0.91
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$0.90
Waterford Glen1B1BR,1BA$1.09

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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Quick Rent Budget Calculator

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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!

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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 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sheppard Air Force Base ranging from $575 to $2,400.

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 $2,400 with an average monthly rent of $1,176.

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 $750 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,500 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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.