Cheap Apartments for Rent in the Sherwood Manor Neighborhood of Mesa, AZ from $700 (81 Rentals)

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

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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The Julia
Rent Specials
$1,100 - $1,627
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$1,100 - $1,627
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1 to 2 Bedroom Apartments Available Now

The Julia

546 S Country Club DrMesa, AZ 85210
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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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Cimarron Apartments
Rent Specials
$1,255 - $1,350
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$1,255 - $1,350
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1 to 2 Bedroom Apartments Available Now

Cimarron Apartments

151 E 1st StMesa, AZ 85201
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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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The Grove on Main
Rent Specials
$1,426 - $7,208
Total Monthly Price

Total Monthly Price

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$1,426 - $7,208
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Studio to 2 Bedroom Apartments Available Now

The Grove on Main

435 E Main StMesa, AZ 85203
Eco-Friendly
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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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Vivo Mesa
Studio Apartments

Vivo Mesa

250 W Main StMesa, AZ 85201
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Pine Gardens
2 Bedroom Apartments

Pine Gardens

206-212 W Southern AveMesa, AZ 85210
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1st Ave Apartments
Studio to 1 Bedroom Apartments

1st Ave Apartments

750 E 1st AveMesa, AZ 85204
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Indigo Springs
1 to 3 Bedroom Apartments

Indigo Springs

1464 S Stapley DrMesa, AZ 85204

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Sherwood Manor, Mesa, AZ Local Guide

Cheapest Available Sherwood Manor Apartments for Rent

 

The cheapest available apartment rental in the Sherwood Manor area of Phoenix, AZ is a Studio unit found at Shorebird priced from $899. Pennytree has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Sherwood Manor apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
ShorebirdUnfurnished StudioStudio,1BA$899
PennytreeS1Studio,1BA$900
1st Ave ApartmentsStudio CStudio,1BA$930
CliffordS1Studio,1BA$965
Mesa Station ApartmentsGilbert2BR,1BA$975
La Petite Chateau ApartmentsStudioStudio,1BA$1,049
544 Southern Apartments1x1 Bronze W/D1BR,1BA$1,050
Sunset MesaOne Bedroom1BR,1BA$1,050
Sands Apartments1X11BR,1BA$1,079
The JuliaOne Bedroom1BR,1BA$1,100

Best Value Apartments for Rent in Sherwood Manor, AZ

As of June 12, 2026 the best value apartment in the Sherwood Manor area is the $1.46 price per square foot C1R Model at Indigo Springs in the in the South Phoenix neighborhood starting from $1,399. The second greatest value Sherwood Manor apartment is the Two Bedroom, Two Baths Model at Saltera Apartments starting at $1,344 with a $1.54 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Sherwood Manor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Indigo SpringsC1R2BR,2BA$1.46
Saltera ApartmentsTwo Bedroom, Two Baths2BR,2BA$1.54
Sahara and Playa Palms2x1 WD - G2BR,1BA$1.52
Sunrise on the Rail2BR/1.0BA2BR,1BA$1.48
San PosadaONE BED/ONE BATH (241-1a)1BR,1BA$1.56
Park Ridge Apartments2x1 stainless steel package2BR,1BA$1.61
The HamptonsB2BR,1BA$1.52
544 Southern Apartments1x1 Silver W/D1BR,1BA$1.54
The JuliaOne Bedroom1BR,1BA$1.55
The VanceOne Bedroom, One Bath1BR,1BA$1.65

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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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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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Phoenix, Arizona. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, family-friendliness, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Sherwood Manor Apartments

What is a cheap apartment in Sherwood Manor?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherwood Manor is under $1,100.

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

The cheapest apartment in Sherwood Manor is Clifford which is listed at $993, while the average apartment in Sherwood Manor costs $1,949.

What types of apartments are the cheapest in Sherwood Manor?

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 6 regular apartments in Sherwood Manor 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 Manor?

Cheap apartments in Sherwood Manor have an average cost of $143 which is $1,806 cheaper than the average rent for all rentals in Sherwood Manor.

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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A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

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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

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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

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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.