
Cheap Apartments for Rent in Sheridan, OR from $600 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Sheridan.


Rivercrest Apartments

Stratus Village

Tice Park

Somerset Apartments

Village Quarter
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.

Fresa Park

Crown Ridge Apartments

Hendricks Place

Homeport

Parkview Apartments

Rose Park 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.

Eola Heights Apartments

Palmer Creek

Sunnyside Apartments

Victoria Place Apartments

River Valley Terrace

Hawks Point Apartments
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.

Jackson Commons

339 Jackson St W

2799 Wallace Rd NW

Wolfpack Village Apartments

Tierra Vista Apartments

110 SE Handley 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.

The Village Apartments
Sheridan, OR Local Guide

How much does it cost to rent an apartment in Sheridan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sheridan Studio Apartments | $1,467 | $1,163 | $1,600 |
| Sheridan 1 Bedroom Apartments | $1,519 | $652 | $1,892 |
| Sheridan 2 Bedroom Apartments | $1,698 | $783 | $2,720 |
| Sheridan 3 Bedroom Apartments | $2,119 | $906 | $3,110 |
Browse Top Apartments in Sheridan
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Sheridan, OR Local Guide
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Cheapest Available Sheridan Apartments for Rent and Nearby
 The cheapest available apartment rental in Sheridan, OR is a 2 Beds unit found at Tice Park priced from $981. Somerset Apartments in the Highland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Sheridan apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tice Park | 2 Bedroom | 2BR,1BA | $981 |
| Somerset Apartments | 1BR 1 Bath East | 1BR,1BA | $999 |
| Fresa Park | 2 Beds, 1 bath | 2BR,1BA | $1,123 |
| Crown Ridge Apartments | 1BR 1 Bath | 1BR,1BA | $1,150 |
| Hendricks Place | 1 Bed, 1 bath | 1BR,1BA | $1,163 |
Best Value Apartments for Rent in Sheridan, OR and Nearby
As of June 13, 2026 the best value apartment in the Sheridan area is the $1.41 price per square foot Pinot Noir Model at Eola Heights Apartments in the in the West Salem neighborhood starting from $1,450. The second greatest value Sheridan apartment is the 2BR/2.0BA Model at River Valley Terrace starting at $1,300 with a $1.34 price per square foot in the West Salem neighborhood. Here is today’s list of the best values for Sheridan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eola Heights Apartments | Pinot Noir | 2BR,2BA | $1.41 |
| River Valley Terrace | 2BR/2.0BA | 2BR,2BA | $1.34 |
| Willamette Park | Santiam | 2BR,2BA | $1.54 |
| The Village Apartments | 2x2 - Carpet & Vinyl Plank Flooring Options Ava... | 2BR,2BA | $1.42 |
| Tice Park | 2 Bedroom | 2BR,1BA | $1.10 |
| Parkview Apartments | 2x1 | 2BR,1BA | $1.40 |
| Rose Park Apartments | TH- 2BRx 1.5 Bath | 2BR,1.5BA | $1.49 |
| Columbus Village Apartments | 2 bed 1 bath | 2BR,1BA | $1.59 |
| Rivercrest Apartments | 2x1 Corner | 2BR,1BA | $1.55 |
| Fresa Park | 2 Beds, 1 bath | 2BR,1BA | $1.37 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sheridan, OR Rentals by Map
See the most popular apartments and homes in Sheridan, OR
Frequently Asked Questions about Cheap Sheridan Apartments
What is the Cheapest Studio apartment in Sheridan?
Currently the most affordable Cheap Studio Apartment in Sheridan is at Independence Landing Apartments listed at $1,375.
How much is rent for a Cheap One Bedroom Sheridan Apartment?
The lowest price for a Cheap One Bedroom Sheridan Apartment is $999 at Somerset Apartments.
What is the lowest price for a Cheap Two Bedroom Sheridan Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Sheridan is starting from $981 at Tice Park.
What is the most affordable Sheridan Three Bedroom Apartment?
The best deal on a cheap Sheridan Three Bedroom Apartment rental is at Abbey Heights and starts from $1,422.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.