3500 N Dirksen Pkwy
SpringfieldIL62702
Cheap Homes for Rent in Sherman, IL from $800 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Sherman.
619 S 5th St
SpringfieldIL62703
109 S Walnut St
SpringfieldIL62704
1011 N 12th St
SpringfieldIL62702
229 W Allen St
SpringfieldIL62704
300 Forrest Ave
SpringfieldIL62702
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.
1304 S Walnut St
SpringfieldIL62704
47 Imperial Valley Dr
SpringfieldIL62702
423 W Lawrence Ave
SpringfieldIL62704
160 Forrest Ave
SpringfieldIL62702
3617 N Grand Ave E
SpringfieldIL62702
920 N 19th St
SpringfieldIL62702
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.
31 Imperial Valley Dr
SpringfieldIL62702
4 Amos Valley Dr
SpringfieldIL62702
1 Amos Valley Dr
SpringfieldIL62702
19 Sonoma Dr
SpringfieldIL62702
2213 E Adams St
SpringfieldIL62703
613 S 5th St
SpringfieldIL62703
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.
630 N Stephens Ave
SpringfieldIL62702
1816 S Pope Ave
SpringfieldIL62703
Showing Results 1-20, Page 1 of 1
Sherman, IL Local Guide
Illinois railroad tracks by H. Michael Miley is licensed under CC BY 2.0
How much does it cost to rent a home in Sherman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherman 2 Bedroom Homes for Rent | $1,152 | $950 | $1,400 |
| Sherman 3 Bedroom Homes for Rent | $1,268 | $800 | $2,500 |
| Sherman 4 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
| Sherman 5 Bedroom Homes for Rent | $2,450 | $2,450 | $2,450 |
Browse Top Homes for Rent in Sherman
Explore Sherman
Sherman, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Sherman Apartments for Rent and Nearby
The cheapest available apartment rental in Sherman, IL is a 1 Bed unit found at Lincoln Senior Flats priced from $400. Whispering Pines Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Sherman apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Senior Flats | 1 Bed 1 Bath | 1BR,1BA | $400 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
| Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
| 106 S 4th St | 2 bedroom | 2BR,1BA | $800 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $850 |
Best Value Apartments for Rent in Sherman, IL and Nearby
As of June 05, 2026 the best value apartment in the Sherman area is the $1.09 price per square foot 3 Bedroom Model at Ash Grove in the starting from $1,450. The second greatest value Sherman apartment is the B1 Model at Candles starting at $1,086 with a $1.13 price per square foot . Here is today’s list of the best values for Sherman apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ash Grove | 3 Bedroom | 3BR,2BA | $1.09 |
| Candles | B1 | 2BR,1.5BA | $1.13 |
| The Boulevard Townhomes | Townhouse | 2BR,1.5BA | $1.04 |
| 3TEN Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| Lincoln Senior Flats | 2 Bed 1 Bath | 2BR,1BA | $0.97 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $1.03 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| 2474 N Florian | 10 | 2BR,1.5BA | $1.13 |
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $1.17 |
| Safe Harbor Properties | 1st Floor Level | 1BR,1BA | $1.21 |
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 Article
Real 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.
Let everyone know!
Do you know the Sherman area?
If you’re an expert on all things Sherman, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sherman, IL Rentals by Map
See the most popular apartments and homes in Sherman, IL
Frequently Asked Questions about Sherman
What type of rentals are currently available in Sherman?
There are currently 46 Apartments for Rent in Sherman, IL with pricing that ranges from $400 to $3,400. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman ranging from $800 to $2,500.
What is the current price range for Rental Homes in Sherman?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherman ranges from $800 to $2,500 with an average monthly rent of $1,454.
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
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.