Cheap Apartments for Rent in the Sherwood Forest Neighborhood of Charlotte, NC from $800 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Sherwood Forest area of Charlotte.

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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property at 5804 Cedars E Ct

$1,100 - $1,400

1 To 2 Bedroom Rentals

Available Now

5804 Cedars E Ct

CharlotteNC28212

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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Wallace Townhomes
2 Bedroom Apartments

Wallace Townhomes

3109-3115 Grierton CtCharlotte, NC 28205

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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Briarcliff Apartments
1 to 3 Bedroom Apartments

Briarcliff Apartments

4314 Commonwealth AveCharlotte, NC 28205
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Maple Way Apartments
Studio to 2 Bedroom Apartments

Maple Way Apartments

1012 McAlway RdCharlotte, NC 28211
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Afton House Apartments
1 to 2 Bedroom Apartments

Afton House Apartments

5139-5148 Elder AveCharlotte, NC 28205
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Sharon Oaks Apartments
1 to 2 Bedroom Apartments

Sharon Oaks Apartments

4701 Arching Oak LnCharlotte, NC 28212
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Delane Glen Apartments
1 to 2 Bedroom Apartments

Delane Glen Apartments

1300-1330 Jenkins AveCharlotte, NC 28211
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Glen Cove
2 to 3 Bedroom Apartments

Glen Cove

6000 Pineburr RdCharlotte, NC 28211
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Cotswold East
2 Bedroom Apartments

Cotswold East

4331 Walker RdCharlotte, NC 28211
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Rise Blue Ridge
1 to 2 Bedroom Apartments

Rise Blue Ridge

7200 Wallace RdCharlotte, NC 28212
Corporate Housing
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Rise Stone Gate
1 to 2 Bedroom Apartments

Rise Stone Gate

950 Southwood Oaks LnCharlotte, NC 28212

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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Parkwood
1 to 2 Bedroom Apartments

Parkwood

7108 Wallace RdCharlotte, NC 28212
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Stonehaven East
1 to 3 Bedroom Apartments

Stonehaven East

7000 Fernwood DrCharlotte, NC 28211
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Camden Foxcroft
1 to 2 Bedroom Apartments

Camden Foxcroft

4612 Simsbury RdCharlotte, NC 28226
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Authentic Charlotte: An Insider's Guide to the Queen City's Neighborhoods and Quirks

Moving to Charlotte? Let our local expert guide you through Uptown, South End, NoDa, and the city’s affordable, high-quality life, from banking to barbecue in our Insider's Guide to Charlotte.

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Sherwood Forest, Charlotte, NC Local Guide

Cheapest Available Sherwood Forest Apartments for Rent

 

The cheapest available apartment rental in the Sherwood Forest area of Charlotte, NC is a 1 Bed unit found at Forest At Chasewood priced from $859. Wallace Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $885. Here are the most affordable Sherwood Forest apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
Forest At Chasewood11B1BR,1BA$859
Wallace Townhomes2 Beds, 1.5 Baths2BR,1BA$885
Chimneys ApartmentsStudioStudio,1BA$899
Arcadian Village Apartment Homes1.1 Flat1BR,1BA$940
Lake Hill ApartmentsOne Bedroom Garden1BR,1BA$950
Park at Ferentino1x1 A1BR,1BA$999
Woodland EstatesA1: 1 Bed 1 Bath1BR,1BA$1,046
59Twenty @ Monroe1 x 1 Standard - Call For Availability1BR,1BA$1,050
Madison Southpark Apartment HomesA11BR,1BA$1,121
Randolph ParkThe Cardinal1BR,1BA$1,150

Best Value Apartments for Rent in Sherwood Forest, NC

As of June 09, 2026 the best value apartment in the Sherwood Forest area is the $1.20 price per square foot 3BR/2.0BA Model at Wallace Terrace Apartments in the in the Commonwealth neighborhood starting from $1,435. The second greatest value Sherwood Forest apartment is the Savannah Model at Courtyard Townhomes starting at $1,595 with a $1.45 price per square foot in the Oakhurst neighborhood. Here is today’s list of the best values for Sherwood Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wallace Terrace Apartments3BR/2.0BA3BR,2BA$1.20
Courtyard TownhomesSavannah2BR,2.5BA$1.45
Woodland EstatesB2: 2 Bed 2 Bath2BR,2BA$1.43
Pines on Wendover Apartment Homes222BR,2BA$1.32
Rise Stone GateB1 Classic2BR,2BA$1.38
Enclave at Oakhurst Apartments2 Bedroom, 1.5 Bathroom, 950 Sq Ft2BR,1.5BA$1.48
Madison Southpark Apartment HomesA11BR,1BA$1.30
Lake Hill ApartmentsOne Bedroom Garden1BR,1BA$1.23
Arcadian Village Apartment Homes1.1 Flat1BR,1BA$1.39
Wallace Townhomes2 Beds, 1.5 Baths2BR,1.5BA$1.37

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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Top Neighborhoods Near Charlotte Colleges and Universities

Learn About the Best Neighborhoods to Rent Near College Campuses in Charlotte, NC | Find Charlotte Off-Campus Student Housing at ApartmentHomeLiving.com

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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

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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Best Local Schools in
Sherwood Forest, Charlotte, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Sherwood Forest, Charlotte, and the greater Charlotte area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, apartment complexes for the kids, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Sherwood Forest Apartments

What is a cheap apartment in Sherwood Forest?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherwood Forest is under $1,150.

What is the price of a cheap apartment in Sherwood Forest?

The cheapest apartment in Sherwood Forest is Forest At Chasewood which is listed at $859, while the average apartment in Sherwood Forest costs $2,006.

What types of apartments are the cheapest in Sherwood Forest?

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 33 regular apartments in Sherwood Forest 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 Sherwood Forest?

Cheap apartments in Sherwood Forest have an average cost of $658 which is $1,348 cheaper than the average rent for all rentals in Sherwood Forest.

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.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods in Charlotte, NC

Written by: Carrie Catalano

I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, North Carolina. I moved to the Triangle area of North Carolina in the summer of 2024 and have been exploring the state since.

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Experts Guide to the Top Neighborhoods in Charlotte, NC for College Renters

Written by: Carrie Catalano

I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, North Carolina. Charlotte is an exciting place to live for anyone, but particularly for college students.

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Your Local Experts Guide to Top Neighborhoods to Rent Near Charlottes Big Four Employers

Written by: Carrie Catalano

I'm Carrie, and I've been calling the Charlotte area home for a few years now.

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Authentic Charlotte: An Insider's Guide to the Queen Citys Neighborhoods and Quirks

Written by: Carrie Catalano

Hello from Charlotte, North Carolina! I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, and I'm thrilled to share the inside scoop on this incredible city that I've called home for over a decade.

Articles, How-To's, and Tips

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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.

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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.