
Cheap Homes for Rent in Sherwood Towne Neighborhood of Phoenix, AZ from $900 (29 Rentals)
Search the lowest-cost Homes available for rent right now in the Sherwood Towne area of Phoenix.


2019 N 49th St

4900 E Culver St, Unit 9

3825 E Camelback Rd

6637 E Cheery Lynn Rd

1241 N 48th St, Unit Apt 210

4830 E Willetta St, Unit 8
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.

5525 E Thomas Rd, Unit I3

4211 E Palm Ln

3126 N 68th St

4211 E Palm Ln

Furnished Studio-Phoenix - Airport - E. Oak St.

4727 E Lafayette Blvd, Unit 327

5126 E Monte Vista Rd
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6626 E Cheery Lynn Rd

6125 E Indian School Rd, Unit 254

6125 E Indian School Rd, Unit 254

2308 N 51st Pl

5702 E Camelback Rd

6721 E McDowell Rd

1811 N 44th St
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.

5525 E Thomas Rd, Unit C2

4549 E Rhonda Dr

3825 E Camelback Rd, Unit 237

Total Monthly Price
4600 N 68th St, Unit SI ID1558658P

2935 N 68th St, Unit 111

5122 E Edgemont Ave

5402 E Windsor Ave, Unit 23
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4440 E Campbell Ave
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 | $4,672 | $995 | $10,000+ |
| Sherwood Towne 3 Bedroom Homes for Rent | $4,450 | $1,949 | $10,000+ |
| Sherwood Towne 4 Bedroom Homes for Rent | $9,356 | $2,895 | $10,000+ |
| Sherwood Towne 5 Bedroom Homes for Rent | $13,560 | $2,900 | $10,000+ |
| Sherwood Towne 6 Bedroom Homes for Rent | $50,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 29 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 $799. San Rivello has the second lowest priced unit, which is a Studio apartment currently listed from $825. 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 | $799 |
| San Rivello | Alba | Studio,1BA | $825 |
| Papago Vista | Junior One Bedroom | 1BR,1BA | $850 |
| The Marlowe | 1x1 | 1BR,1BA | $895 |
| Arcadia Lofts | 1bd/1ba | 1BR,1BA | $899 |
| Dwell | Studio | Studio,1BA | $899 |
| Santorini Villa Apartments | 1 Bedroom Santorini | 1BR,1BA | $900 |
| Papago Gardens Apartments | Santorini Villas - 1 Bedroom | 1BR,1BA | $900 |
| Senara Apartments | A3 Classic | 1BR,1BA | $920 |
| Colonia | 1A | 1BR,1BA | $950 |
Best Value Apartments for Rent in Sherwood Towne, AZ
As of July 04, 2026 the best value apartment in the Sherwood Towne area is the $1.55 price per square foot 32A Model at MAA Camelback in the in the South Scottsdale neighborhood starting from $2,293. The second greatest value Sherwood Towne apartment is the B1 Renovated Model at Palazzo Townhomes starting at $1,870 with a $1.53 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. |
|---|---|---|---|
| MAA Camelback | 32A | 3BR,2BA | $1.55 |
| Palazzo Townhomes | B1 Renovated | 2BR,2BA | $1.53 |
| Villas at Papago | Two Bedroom Villas | 2BR,1BA | $0.95 |
| The Clubhouse at Arcadia | 2x2 | 2BR,2BA | $1.55 |
| Arcadia Cove | B2 | 2BR,2BA | $1.56 |
| Spengler Manor Condominiums | 2 Beds, 1 Baths | 2BR,1BA | $1.53 |
| Shadow Ridge Apartments | 2 bedroom, 1 bath | 2BR,1BA | $1.53 |
| Arcadia Lofts | 1bd/1ba | 1BR,1BA | $1.12 |
| Garden Terrace Apartments | One Bedroom | 1BR,1BA | $1.50 |
| Terrasol | B1 | 2BR,1BA | $1.33 |
A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
Working at a top Phoenix employer? Get the inside scoop on renting apartments in nearby neighborhoods like Encanto, Coronado, Riverside, and South Mountain Village for a great life and easy commute.
Read ArticleDon'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 ArticleExpert's Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
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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 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 441 Apartments for Rent in Sherwood Towne, AZ with pricing that ranges from $799 to $29,500. There are also 160 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood Towne ranging from $995 to $50,000.
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 $995 to $50,000 with an average monthly rent of $12,317.
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 $2,070 to $29,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,949 to $20,000. Four Bedroom Single-Family rentals are also available starting from $2,895 and Four Bedroom Apartments start at $4,804.
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
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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
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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

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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.