
Cheap Homes for Rent in Sherwood Towne Neighborhood of Phoenix, AZ from $1,000 (36 Rentals)
Search the lowest-cost Homes available for rent right now in the Sherwood Towne area of Phoenix.


2228 N 52nd St

4718 E Portland St

5312 E Taylor St

5900 E Thomas Rd

5900 E Thomas Rd

6801 E Avalon Dr

2539 N 48th St

5525 E Thomas Rd
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4211 E Palm Ln

2539 N 48th St

1233 N 47th Pl

2228 N 52nd St

5525 E Thomas Rd

1826 N 51st St

1202 N 49th Pl

6721 E McDowell Rd

Furnished Studio-Phoenix - Airport - E. Oak St.
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6505 E Osborn Rd

4201 E Camelback Rd

3002 N 70th St, Unit 240

6505 E Osborn Rd

6125 E Indian School Rd, Unit 198

6714 E Monterey Way

3002 N 70th St

2935 N 68th St

6505 E Osborn Rd
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4727 E Lafayette Blvd, Unit 327

6804 E 2nd St

3039 N 38th St

3039 N 38th St

3636 N 70th St

3314 N 68th St

4630 N 68th St

4406 E Hubbell St

3825 E Camelback Rd
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Sherwood Towne, Phoenix, AZ Local Guide

How much does it cost to rent a home in Sherwood Towne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherwood Towne 2 Bedroom Homes for Rent | $3,544 | $1,095 | $10,000+ |
| Sherwood Towne 3 Bedroom Homes for Rent | $4,711 | $2,149 | $10,000+ |
| Sherwood Towne 4 Bedroom Homes for Rent | $10,107 | $2,395 | $10,000+ |
| Sherwood Towne 5 Bedroom Homes for Rent | $12,012 | $5,595 | $10,000+ |
| Sherwood Towne 6 Bedroom Homes for Rent | $55,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Sherwood Towne Neighborhood of Phoenix, AZ.
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Sherwood Towne, Phoenix, AZ Local Guide
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Cheapest Available Sherwood Towne Apartments for Rent
 The cheapest available apartment rental in the Sherwood Towne area of Phoenix, AZ is a Studio unit found at Prados Apartments at Arcadia priced from $750. Terrasol has the second lowest priced unit, which is a 1 Bed apartment currently listed from $807. Here are the most affordable Sherwood Towne apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prados Apartments at Arcadia | S1 | Studio,1BA | $750 |
| Terrasol | A1 | 1BR,1BA | $807 |
| Papago Vista | Junior One Bedroom | 1BR,1BA | $825 |
| San Rivello | Alba | Studio,1BA | $825 |
| Santorini Villa Apartments | 1 Bedroom | 1BR,1BA | $825 |
| Harbor View 2 | Studio | Studio,1BA | $845 |
| Boulder Creek Apartments | A1 | 1BR,1BA | $899 |
| Papago Gardens Apartments | Santorini Villas - 2 Bedroom | 2BR,2BA | $899 |
| Arcadia on 49th | STUDIO | Studio,1BA | $902 |
| Monterey Village | A1 | 1x1 | Small Affordable | 1BR,1BA | $907 |
Best Value Apartments for Rent in Sherwood Towne, AZ
As of February 18, 2026 the best value apartment in the Sherwood Towne area is the $0.97 price per square foot Two Bedroom Model at Villas at Papago in the in the South Phoenix neighborhood starting from $1,100. The second greatest value Sherwood Towne apartment is the 2x2 Model at The Clubhouse at Arcadia starting at $1,599 with a $1.46 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Sherwood Towne apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas at Papago | Two Bedroom | 2BR,1BA | $0.97 |
| The Clubhouse at Arcadia | 2x2 | 2BR,2BA | $1.46 |
| Arcadia 52 | 2x1b | 2BR,1BA | $1.25 |
| The Earll | Two Bedroom | 2BR,2BA | $1.40 |
| 4127 Arcadia | 2X1A | 2BR,1BA | $1.43 |
| Arcadia Lofts | 1bd/1ba | 1BR,1BA | $1.37 |
| Park Paloma | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.51 |
| Garden Terrace Apartments | One Bedroom | 1BR,1BA | $1.50 |
| Terrasol | A1 | 1BR,1BA | $1.30 |
| Santorini Villa Apartments | 1 Bedroom | 1BR,1BA | $1.47 |
A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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Read ArticleExpert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
A Local Experts Guide to The 10 Best Neighborhoods Near Universities and Colleges in the Phoenix metro area for affordable living. Find your perfect Phoenix apartment, condo, or rental home today at ApartmentHomeliving.com
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 Towne, Phoenix, AZ
Ranked #34
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Sherwood Towne, Phoenix, AZ
School data provided by Great Schools
Frequently Asked Questions about Sherwood Towne
What type of rentals are currently available in Sherwood Towne?
There are currently 447 Apartments for Rent in Sherwood Towne, AZ with pricing that ranges from $750 to $17,495. There are also 143 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood Towne ranging from $1,049 to $55,000.
What is the current price range for Rental Homes in Sherwood Towne?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherwood Towne ranges from $1,049 to $55,000 with an average monthly rent of $12,607.
How much are larger Three and Four Bedroom Rentals in Sherwood Towne?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Sherwood Towne range from $1,743 to $4,011, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,149 to $14,995. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $2,549.
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

A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ
Written by: Andrew Jollett
I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).

Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
Written by: Andrew Jollett
I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
Written by: Andrew Jollett
Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
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Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.