Cheap Apartments for Rent in Sherman, MS from $300 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in Sherman.

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.

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Carnation Village
1 to 2 Bedroom Apartments

Carnation Village

514 Carnation StTupelo, MS 38801
Senior Living
  • Utilities Included

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.

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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.

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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.

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Showing Results 1-30, Page 1 of 1

Sherman, MS Local Guide

Cheapest Available Sherman Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sherman, MS is a 4 Beds unit found at Flatts at South Campus in the The Square neighborhood priced from $699. Oakwood Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Sherman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Flatts at South Campus4 Bedroom (D3)4BR,3BA$699
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$800
The Links & The Greens at OxfordCustom | Links1BR,1BA$900
Monarch Creek2 Bedroom 2 Bathroom - Deluxe2BR,2BA$910
Heritage Park2 Bedroom Two Bathroom2BR,2BA$912
The Meadows on Main1 bedroom1BR,1BA$925
Boggan Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$975
Archive Oxford4 Bedroom, 4 Bath Townhome 2 LVL4BR,4BA$979
Pines at Barnes Crossing1A1BR,1BA$1,069
Gloster Flats1 Bedroom 1 Bathroom - Premium1BR,1BA$1,075

Best Value Apartments for Rent in Sherman, MS and Nearby

As of April 30, 2026 the best value apartment in the Sherman area is the $1.34 price per square foot Building D Interior Model at Somerset Parc in the starting from $1,500. The second greatest value Sherman apartment is the 2 bdrm 2 bath Model at Trace Ridge starting at $1,090 with a $1.06 price per square foot . Here is today’s list of the best values for Sherman apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Somerset ParcBuilding D Interior2BR,2.5BA$1.34
Trace Ridge2 bdrm 2 bath2BR,2BA$1.06
Flatts at South Campus3 Bedroom (C1)3BR,3BA$0.89
Northpark ApartmentsHamilton Court Duplex2BR,2BA$1.33
Boggan Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.02
Heritage Park2 Bedroom Two Bathroom2BR,2BA$0.98
The Grove of Cayce3bedroom x 2bath3BR,2BA$1.39
Monarch Creek2 Bedroom 2 Bathroom - A1- Standard2BR,2BA$1.11
Pines at Barnes Crossing1A1BR,1BA$1.41
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$1.09

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The 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.

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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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Sherman, MS Rentals by Map

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See the most popular apartments and homes in Sherman, MS

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Frequently Asked Questions about Cheap Sherman Apartments

How much is rent for a Cheap One Bedroom Sherman Apartment?

The lowest price for a Cheap One Bedroom Sherman Apartment is $800 at Oakwood Village Apartments.

What is the lowest price for a Cheap Two Bedroom Sherman Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sherman is starting from $910 at Monarch Creek.

What is the most affordable Sherman Three Bedroom Apartment?

The best deal on a cheap Sherman Three Bedroom Apartment rental is at Monarch Creek and starts from $1,050.

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

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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.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.