
Cheap Apartments for Rent in the Sherwood Downs Neighborhood of Newark, OH from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherwood Downs area of Newark.


Newark Village Square

Coventry Apartments

The Apartments at Fox Run

Fairfield Studio Apartments
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.

Mount Vernon Arms

Columbia Park Apartments

Hoover Garden Apartments

Field Pointe Townhomes

Log Pond Apartments
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.

New Drex Crossing

Everett Park

SHARON GLYN

Franklin Apartments

582-596 Glenbrook Dr
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.
Sherwood Downs, Newark, OH Local Guide

How much does it cost to rent an apartment in Sherwood Downs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherwood Downs Studio Apartments | $795 | $795 | $795 |
| Sherwood Downs 1 Bedroom Apartments | $1,016 | $895 | $1,195 |
| Sherwood Downs 2 Bedroom Apartments | $1,219 | $1,050 | $1,495 |
| Sherwood Downs 3 Bedroom Apartments | $1,529 | $1,250 | $1,700 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Sherwood Downs Neighborhood of Newark, OH.
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Sherwood Downs, Newark, OH Local Guide
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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 $895. Here are the most affordable Sherwood Downs apartments for rent in Newark, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fairfield Studio Apartments | Studio | Studio,1BA | $795 |
| Mount Vernon Arms | 1 Bed Upstairs Apartment | 1BR,1BA | $895 |
| Kingswood Court Apartments | Kingswood Court - 2 Bed 1 Bath - Garden - Renov... | 2BR,1BA | $1,050 |
| Londondale Village | 3 Bed TH | 3BR,1BA | $1,700 |
Best Value Apartments for Rent in Sherwood Downs, OH
As of June 20, 2026 the best value apartment in the Sherwood Downs area is the $1.37 price per square foot 3 Bed TH Model at Londondale Village in the in the Park Trails neighborhood starting from $1,700. The second greatest value Sherwood Downs apartment is the Kingswood Court - 2 Bed 1 Bath - Garden - Renov... Model at Kingswood Court Apartments starting at $1,050 with a $1.63 price per square foot in the Potters Grove neighborhood. Here is today’s list of the best values for Sherwood Downs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Londondale Village | 3 Bed TH | 3BR,1.5BA | $1.37 |
| Kingswood Court Apartments | Kingswood Court - 2 Bed 1 Bath - Garden - Renov... | 2BR,1BA | $1.63 |
| Mount Vernon Arms | 1 Bed Upstairs Apartment | 1BR,1BA | $1.41 |
| Fairfield Studio Apartments | Studio | Studio ,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleSherwood Downs, Newark, OH
Ranked #1
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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.
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 $1,050 at Kingswood Court Apartments.
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 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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.