Cheap Apartments for Rent in the Sherwood Downs Neighborhood of Newark, OH from $400 (16 Rentals)

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

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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Field Pointe Townhomes
Studio to 1 Bedroom Apartments

Field Pointe Townhomes

1699 Mount Vernon RdNewark, OH 43055
  • Utilities Included

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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New Drex Crossing
1 to 2 Bedroom Apartments

New Drex Crossing

211 N 21st StNewark, OH 43055
  • Utilities Included
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Everett Park
1 to 2 Bedroom Apartments

Everett Park

90 N Buena Vista StNewark, OH 43055
  • Utilities Included
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582-596 Glenbrook Dr
1 to 2 Bedroom Apartments

582-596 Glenbrook Dr

582-596 Glenbrook DrNewark, OH 43055
  • Utilities Included
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Franklin Apartments
Studio to 2 Bedroom Apartments

Franklin Apartments

165 Derby Downs RdNewark, OH 43055
  • Utilities Included

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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SHARON GLYN
1 to 2 Bedroom Apartments

SHARON GLYN

914 Sharon Valley RdNewark, OH 43055
Senior Living
  • Utilities Included

Sherwood Downs, Newark, OH Local Guide

Cheapest Available Sherwood Downs Apartments for Rent

 

The cheapest available apartment rental in the Sherwood Downs area of Newark, OH is a Studio unit found at Fairfield Studio Apartments priced from $795. Mount Vernon Arms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here are the most affordable Sherwood Downs apartments for rent in Newark, OH:

Apartment ListingModel NameBed/BathPriced From
Fairfield Studio ApartmentsStudioStudio,1BA$795
Mount Vernon Arms1 Bed Downstairs Apartment1BR,1BA$845
Kingswood Court Apartments and TownhomesKingswood Court - Two Bedroom Garden Apartment2BR,1BA$999
Coventry Apartments1 Bed 1 Bath1BR,1BA$1,025
LP Flats1 Bedroom and 1 Bath1BR,1BA$1,195

Best Value Apartments for Rent in Sherwood Downs, OH

As of January 26, 2026 the best value apartment in the Sherwood Downs area is the $0.79 price per square foot 1 Bed 1 Bath Model at Coventry Apartments in the in the Potters Grove neighborhood starting from $1,025. The second greatest value Sherwood Downs apartment is the 1740 Churchill Downs Rd Model at 1740 Churchill Downs Rd, Unit 1740 Unit B starting at $1,500 with a $1.20 price per square foot in the Sherwood Downs neighborhood. Here is today’s list of the best values for Sherwood Downs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Apartments1 Bed 1 Bath1BR,1BA$0.79
1740 Churchill Downs Rd, Unit 1740 Unit B1740 Churchill Downs Rd2BR,1.5BA$1.20
Londondale Village2 Bed Flat2BR,1BA$1.53
Kingswood Court Apartments and TownhomesKingswood Court - Two Bedroom Garden Apartment2BR,1BA$1.55
LP Flats1 Bedroom and 1 Bath1BR,1BA$1.87
Mount Vernon Arms1 Bed Upstairs Apartment1BR,1BA$1.41
255 Elmwood Ave, Unit UPPER255 Elmwood Ave1BR,1BA$1.50
Fairfield Studio ApartmentsStudioStudio ,1BA$3.88

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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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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Pet Friendly Lifestyle
Sherwood Downs, Newark, OH

Ranked #2

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Sherwood Downs Apartments

What is the Cheapest Studio apartment in Sherwood Downs?

Currently the most affordable Cheap Studio Apartment in Sherwood Downs is at Fairfield Studio Apartments listed at $795.

How much is rent for a Cheap One Bedroom Sherwood Downs Apartment?

The lowest price for a Cheap One Bedroom Sherwood Downs Apartment is $845 at Mount Vernon Arms.

What is the lowest price for a Cheap Two Bedroom Sherwood Downs Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sherwood Downs is starting from $995 at Mount Vernon Arms.

What is the most affordable Sherwood Downs Three Bedroom Apartment?

The best deal on a cheap Sherwood Downs Three Bedroom Apartment rental is at Kingswood Court Apartments and Townhomes and starts from $1,299.

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.

Articles, How-To's, and Tips

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.