
Cheap Homes for Rent in Sherman Neighborhood of Madison, WI from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Sherman area of Madison.


501 N Sherman Ave, Unit 501 B. N. Sherman Ave.

107 Rethke Ave

1975 E Washington Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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1951 Heath Ave

290 Mallard Ln

503 N Sherman Ave, Unit 1
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Sherman, Madison, WI 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 | $1,562 | $1,200 | $1,850 |
Sherman 3 Bedroom Homes for Rent | $2,410 | $1,950 | $2,800 |
Sherman 4 Bedroom Homes for Rent | $6,150 | $6,150 | $6,150 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Sherman Neighborhood of Madison, WI.
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Sherman, Madison, WI Local Guide
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Cheapest Available Sherman Apartments for Rent
 The cheapest available apartment rental in the Sherman area of Madison, WI is a 1 Bed unit found at Freedom Park priced from $950. Madison Mayfair Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Sherman apartments for rent in Madison, WI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Freedom Park | 1 Bed/ 1 Bath | 1BR,1BA | $950 |
Madison Mayfair Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
Eagle Harbor | 2 Bedroom 2 Bathroom | 2BR,2BA | $1,064 |
Best Value Apartments for Rent in Sherman, WI
As of August 02, 2025 the best value apartment in the Sherman area is the $1.41 price per square foot 3x2 Income restricted Model at Carbon at Union Corners in the in the Near East Side neighborhood starting from $1,811. The second greatest value Sherman apartment is the Sandstone Model at Northern Bluffs starting at $1,215 with a $1.06 price per square foot in the Berkeley Oaks 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. |
---|---|---|---|
Carbon at Union Corners | 3x2 Income restricted | 3BR,2BA | $1.41 |
Northern Bluffs | Sandstone | 3BR,1BA | $1.06 |
Eagle Harbor | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.26 |
Yahara Landing Apartments | Oak | 2BR,2BA | $1.73 |
Ridge Creek Apartments | 2x1028 | 2BR,1BA | $1.41 |
PMM + MS | 2 Bedroom | 2BR,1BA | $1.45 |
Freedom Park | 2 bed/1 bath | 2BR,1BA | $1.40 |
3733 E Karstens Dr, Unit 3721 #1 | 3733 E Karstens Dr | 2BR,1BA | $1.47 |
Madison Mayfair Apartments | 2 Bedroom | 2BR,1BA | $1.60 |
Londonderry Lofts | Large Loft | 1BR,1BA | $1.69 |
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Frequently Asked Questions about Sherman
What type of rentals are currently available in Sherman?
There are currently 166 Apartments for Rent in Sherman, WI with pricing that ranges from $950 to $3,560. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman ranging from $1,200 to $6,150.
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 $1,200 to $6,150 with an average monthly rent of $2,843.
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.

Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison
Written by: Mike Heuer
I’m Mike, your ApartmentHomeLiving.com local expert for Madison, Wisconsin. I lived and worked in Madison for several years before career opportunities took me elsewhere.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.