Cheap Homes for Rent in Sherman Neighborhood of Elkhart, IN from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Sherman area of Elkhart.
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.

227 Doctor M.L.K. Jr Dr

415 Middlebury St

102 S Michigan St
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.
Sherman, Elkhart, IN Local Guide

How much does it cost to rent a home in Sherman?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sherman 2 Bedroom Homes for Rent | $1,031 | $995 | $1,100 |
Sherman 3 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
Sherman 4 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Sherman Neighborhood of Elkhart, IN.
Explore Elkhart
Sherman, Elkhart, IN Local Guide
- Nearby Elkhart neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Sherman Apartments for Rent
 The cheapest available apartment rental in the Sherman area of South Bend, IN is a 1 Bed unit found at Elkhart Green Apartments priced from $865. Northway Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Sherman apartments for rent in South Bend, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Elkhart Green Apartments | 1 | 1BR,1BA | $865 |
Northway Manor | 1 Bedroom A | 1BR,1BA | $880 |
The Retreat Apartment Homes | 1 bd | 1BR,1BA | $914 |
Best Value Apartments for Rent in Sherman, IN
As of June 15, 2025 the best value apartment in the Sherman area is the $1.10 price per square foot 206 S Main St Model at 206 S Main St, Unit Second Floor in the in the East Jackson neighborhood starting from $1,600. The second greatest value Sherman apartment is the 2 Bedroom/ 2 Bath - Hunter's Pond Model at Hunter's Pond starting at $1,325 with a $1.24 price per square foot in the East Jackson neighborhood. Here is today’s list of the best values for Sherman apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
206 S Main St, Unit Second Floor | 206 S Main St | 2BR,1BA | $1.10 |
Hunter's Pond | 2 Bedroom/ 2 Bath - Hunter's Pond | 2BR,2BA | $1.24 |
GREENLEAF | 2 bed 2 bath 1000 sq ft | 2BR,2BA | $1.10 |
River Point West | 1/1 | 1BR,1BA | $1.13 |
Maple Lane Apartments | Maple Ridge B | 1BR,1BA | $1.63 |
The Highlands Apartments | One Bedroom | 1BR,1BA | $1.41 |
Elkhart Green Apartments | 1 | 1BR,1BA | $1.20 |
The Retreat Apartment Homes | 1 bd | 1BR,1BA | $1.29 |
Northway Manor | 1 Bedroom A | 1BR,1BA | $1.53 |
Woodwind Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.68 |
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.
Frequently Asked Questions about Sherman
What type of rentals are currently available in Sherman?
There are currently 77 Apartments for Rent in Sherman, IN with pricing that ranges from $550 to $2,965. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman ranging from $995 to $1,600.
What is the current price range for Rental Homes in Sherman?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherman ranges from $995 to $1,600 with an average monthly rent of $1,377.
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.

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.

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.

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.

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.