
Cheap Homes for Rent in Sherman, IL from $900 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Sherman.


824 E Ridgely Ave

108 N 24th St

730 N Dirksen Pkwy

1601 S Grand Ave E

907 N Daniels Ave
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.

61 Grand Valley Dr

300 Forrest Ave

3430 N Peoria Rd

831 S 14th St

57 Castings Rd

56 Castings Rd
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.

619 S 5th St

12 Gettysburg Dr

913 N 8th St

1854 Gregory Ct

3617 N Grand Ave E

815 N 7th St
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.

1848 Hastings Rd
Sherman, IL Local Guide

How much does it cost to rent a home in Sherman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherman 2 Bedroom Homes for Rent | $1,112 | $950 | $1,350 |
| Sherman 3 Bedroom Homes for Rent | $1,362 | $950 | $2,500 |
| Sherman 4 Bedroom Homes for Rent | $1,625 | $1,350 | $1,900 |
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 $410. Morton Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. 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 | $410 |
| Morton Street Apartments | 1 bed one bath | 1BR,1BA | $690 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $700 |
| Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $799 |
Best Value Apartments for Rent in Sherman, IL and Nearby
As of December 25, 2025 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 Three Bedroom Model at Huntington Ridge Apartments starting at $1,244 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 |
| Huntington Ridge Apartments | Three Bedroom | 3BR,2BA | $1.13 |
| Candles | B1 | 2BR,1.5BA | $1.03 |
| Safe Harbor Properties | Walk to work. Capitol View. WIFI Included. | 2BR,1BA | $1.03 |
| 3TEN | B1 | 2BR,1BA | $0.95 |
| Lincoln Senior Flats | 2 Bed 1 Bath | 2BR,1BA | $0.97 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $0.97 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| 2474 N Florian | Unit 11 | 2BR,1.5BA | $1.13 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 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 42 Apartments for Rent in Sherman, IL with pricing that ranges from $410 to $3,000. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman ranging from $950 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 $950 to $2,500 with an average monthly rent of $1,262.
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 to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!