Cheap Apartments for Rent in the Sherwood Forest Neighborhood of Charlotte, NC from $700 (53 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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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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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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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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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
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Rise Stone Gate
1 to 2 Bedroom Apartments

Rise Stone Gate

950 Southwood Oaks LnCharlotte, NC 28212
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Parkwood
1 to 2 Bedroom Apartments

Parkwood

7108 Wallace RdCharlotte, NC 28212
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Camden Foxcroft
1 to 2 Bedroom Apartments

Camden Foxcroft

4612 Simsbury RdCharlotte, NC 28226
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Your Local Expert's Guide to Top Neighborhoods to Rent Near Charlotte's Big Four Employers

Find your perfect Charlotte neighborhood! Explore vibrant communities like South End, Dilworth, and NoDa, with tips for renters balancing work, family, and commute time.

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Cortland Cotswold
1 to 2 Bedroom Apartments

Cortland Cotswold

4817 Water Oak RdCharlotte, NC 28211
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Camden Fairview
1 to 2 Bedroom Apartments

Camden Fairview

8738 Fairview RdCharlotte, NC 28226

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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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 Studio unit found at Chimneys Apartments priced from $899. Lake Hill Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Sherwood Forest apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
Chimneys ApartmentsStudioStudio,1BA$899
Lake Hill ApartmentsOne Bedroom Garden1BR,1BA$950
Arcadian Village Apartment Homes1.1 Townhome1BR,1BA$965
Rise Blue RidgeA1 Classic1BR,1BA$1,035
Woodland EstatesGLENWOOD1BR,1BA$1,038
Park at Ferentino1x1 A1BR,1BA$1,039
59Twenty @ Monroe1 x 1 Standard - Call For Availability1BR,1BA$1,050
Madison Southpark Apartment HomesA11BR,1BA$1,058
Rise Stone GateA1 Classic1BR,1BA$1,095
Forest At Chasewood22D2BR,2BA$1,153

Best Value Apartments for Rent in Sherwood Forest, NC

As of April 24, 2026 the best value apartment in the Sherwood Forest area is the $1.24 price per square foot C1 Model at Madison Southpark Apartment Homes in the in the Meadows on Fairview neighborhood starting from $1,736. The second greatest value Sherwood Forest apartment is the 3BR/2.0BA Model at Wallace Terrace Apartments starting at $1,450 with a $1.21 price per square foot in the Commonwealth 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.
Madison Southpark Apartment HomesC13BR,2BA$1.24
Wallace Terrace Apartments3BR/2.0BA3BR,2BA$1.21
Pines on Wendover Apartment Homes222BR,2BA$1.35
Randolph ParkThe Cotswold1BR,1BA$1.24
Cortland CotswoldCotswold1BR,1BA$1.50
Forest At Chasewood22D2BR,2BA$1.36
Lake Hill ApartmentsOne Bedroom Garden1BR,1BA$1.23
Woodland EstatesGLENWOOD1BR,1BA$1.37
Rise Stone GateA1 Classic1BR,1BA$1.46
Arcadian Village Apartment Homes1.1 Flat1BR,1BA$1.58

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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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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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 $1,153.

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

The cheapest apartment in Sherwood Forest is Lake Hill Apartments which is listed at $950, while the average apartment in Sherwood Forest costs $2,417.

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 38 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 $638 which is $1,779 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.

Articles, How-To's, and Tips

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.