
Cheap Homes for Rent in Sherwood Towne Neighborhood of Phoenix, AZ from $800 (30 Rentals)
Search the lowest-cost Homes available for rent right now in the Sherwood Towne area of Phoenix.


1311 North 48th Place, Unit 3

5900 E Thomas Rd

5111 E Oak St
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.

5312 E Taylor St

511 N 52nd St

3126 N 68th St

4109 E Moreland St

3934 E Piccadilly Rd

5900 E Thomas Rd

4740 E Portland St

4720 E Belleview St

6813 E Avalon Dr
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.

4148 E Calle Redonda

3002 N 70th St

1220 N 44th St

6841 E 2nd St

6125 E Indian School Rd, Unit 230

3825 E Camelback Rd, Unit 248

6721 E McDowell Rd

1220 N 44th St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

3314 N 68th St, Unit 124W

6125 E Indian School Rd, Unit 263

3135 N 38th St

6937 E Osborn Rd

4540 N 44th St

1717 N 42nd St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

4114 E Calle Redonda

4201 E Camelback Rd

4727 E Lafayette Blvd, Unit 327
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 | $3,148 | $1,195 | $10,000+ |
Sherwood Towne 3 Bedroom Homes for Rent | $4,063 | $1,949 | $10,000+ |
Sherwood Towne 4 Bedroom Homes for Rent | $8,061 | $850 | $10,000+ |
Sherwood Towne 5 Bedroom Homes for Rent | $15,222 | $2,895 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Sherwood Towne Neighborhood of Phoenix, AZ.
Explore Phoenix
Sherwood Towne, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Sherwood Towne Apartments for Rent
 The cheapest available apartment rental in the Sherwood Towne area of Phoenix, AZ is a 1 Bed unit found at Santorini Villa Apartments priced from $799. Prados Apartments at Arcadia has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Sherwood Towne apartments for rent in Phoenix, AZ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Santorini Villa Apartments | 1 Bedroom | 1BR,1BA | $799 |
Prados Apartments at Arcadia | S1 | Studio,1BA | $850 |
Papago Gardens Apartments | Santorini Villas - 1 Bedroom | 1BR,1BA | $896 |
Papago Vista | Junior One Bedroom | 1BR,1BA | $925 |
Senara Apartments | 0 bedroom, 1 bathroom | Studio,1BA | $930 |
Parq on 50th Apartments | Willow | Studio,1BA | $942 |
Shadow Ridge Apartments | Studio | Studio,1BA | $950 |
Arcadia on 49th | STUDIO | Studio,1BA | $968 |
Scottsdale 59 | Roanoke | Studio,1BA | $989 |
Dwell | Studio | Studio,1BA | $999 |
Best Value Apartments for Rent in Sherwood Towne, AZ
As of July 30, 2025 the best value apartment in the Sherwood Towne area is the $1.08 price per square foot Two Bedroom Model at Villas at Papago in the in the South Phoenix neighborhood starting from $1,225. The second greatest value Sherwood Towne apartment is the B2 Townhome Model at Parq at East Arcadia starting at $1,459 with a $1.37 price per square foot in the Downtown 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 | $1.08 |
Parq at East Arcadia | B2 Townhome | 2BR,1.5BA | $1.37 |
The Clubhouse at Arcadia | 1x1 | 1BR,1BA | $1.35 |
New Horizons | 2 Bed 2 Bath | 2BR,2BA | $1.36 |
Papago Palms West | Two Bedroom | 2BR,2BA | $1.28 |
Papago Park Apartments | 2x2 | 2BR,2BA | $1.50 |
Estilo | Two Bedroom | 2BR,1BA | $1.48 |
4021 E Moreland St, Unit 3 | 4021 E Moreland St | 2BR,1BA | $1.38 |
Terrasol | B1 | 2BR,1BA | $1.48 |
Santorini Villa Apartments | 1 Bedroom | 1BR,1BA | $1.43 |
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.
Frequently Asked Questions about Sherwood Towne
What type of rentals are currently available in Sherwood Towne?
There are currently 454 Apartments for Rent in Sherwood Towne, AZ with pricing that ranges from $799 to $9,995. There are also 184 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood Towne ranging from $850 to $39,995.
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 $850 to $39,995 with an average monthly rent of $5,619.
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 $1,902 to $4,834, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,949 to $12,500. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $3,500.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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).

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.