
Cheap Apartments for Rent in Sherman, NY from $500 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Sherman.


Fairmount Hills Apartments

Ellicott Oaks Apartments

The Meadows

Wellman Building

Lighthouse Apartments

Colonial Apartments

Alpine Village Apartments

South Shore Apartments
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.

Total Monthly Price
The Reserve at Millcreek

716 Sassafras Apartments

Lovell Place

Royal Villa Apartments

Modern Tool Square

Northview Heights Apartments

Tanglewood Apartments

30 Water St

Laurel Springs 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.

Cider Mill Apartments

Shadow Pines

810 E 21st St

Willow Commons Apartments

Plymouth Apartments

1404 E Lake Rd

519-521 E 6th St

626 E 23rd St

426 Huron 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.

Springwood Apartments

407 E 13th St

Arneman Place

44 E Main St

338 W 10th St

3704 E Lake Rd

612 E 12th St

55 Mindi Ct

1803 Buffalo Rd
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.

1106 E Lake Rd

1114 E 25th St
Sherman, NY Local Guide

How much does it cost to rent an apartment in Sherman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherman Studio Apartments | $891 | $695 | $1,055 |
| Sherman 1 Bedroom Apartments | $1,034 | $700 | $1,720 |
| Sherman 2 Bedroom Apartments | $1,490 | $725 | $3,270 |
| Sherman 3 Bedroom Apartments | $1,421 | $605 | $2,365 |
| Sherman 4 Bedroom Apartments | $961 | $600 | $1,055 |
Browse Top Apartments in Sherman
See all Apartments in ShermanExplore Sherman
Sherman, NY Local Guide
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Cheapest Available Sherman Apartments for Rent and Nearby
 The cheapest available apartment rental in Sherman, NY is a 3 Beds unit found at Park Place Student Housing priced from $549. The Bowie Apartments in the Frontier neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here is today’s list of the most affordable Sherman apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Place Student Housing | 3x1 | 3BR,1BA | $549 |
| The Bowie Apartments | 0BR/1.0BA | Studio,1BA | $695 |
| Fairmount Hills Apartments | 1 Bed/1 Bathroom | 1BR,1BA | $700 |
| Willow Commons Apartments | One Bedroom | 1BR,1BA | $704 |
| The Meadows | 1 bedroom | 1BR,1BA | $750 |
| Park Row Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $750 |
| Wellman Building | Studio, 1 bath | Studio,1BA | $750 |
| Lighthouse Apartments | 1 bedroom / 1 bath | 1BR,1BA | $825 |
| Laurel Springs Apartments | Studio Apartments with Walk-in Shower - 378 | Studio,1BA | $850 |
| Ellicott Oaks Apartments | 2 Beds, 1 bath | 2BR,1BA | $850 |
Best Value Apartments for Rent in Sherman, NY and Nearby
As of April 13, 2026 the best value apartment in the Sherman area is the $0.77 price per square foot The Nittany Model at Hudson Lofts in the starting from $1,055. The second greatest value Sherman apartment is the Three Bedroom Townhome - B Model at Granite Ridge Apartments starting at $1,400 with a $1.08 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. |
|---|---|---|---|
| Hudson Lofts | The Nittany | 4BR,4BA | $0.77 |
| Granite Ridge Apartments | Three Bedroom Townhome - B | 3BR,1.5BA | $1.08 |
| Arneman Place | 3 Bedroom Apartment | 3BR,1.5BA | $0.72 |
| Ellicott Oaks Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.91 |
| Willow Commons Apartments | One Bedroom | 1BR,1BA | $0.78 |
| Lovell Place | 1B1B | 1BR,1BA | $1.16 |
| Wellman Building | Studio, 1 bath | Studio ,1BA | $1.00 |
| Colonial Apartments | 1 Bedroom 2nd floor | 1BR,1BA | $1.13 |
| Park Row Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.15 |
| Fairmount Hills Apartments | 1 Bed/1 Bathroom | 1BR,1BA | $1.17 |
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.
Read ArticleDon'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, NY Rentals by Map
See the most popular apartments and homes in Sherman, NY
Frequently Asked Questions about Cheap Sherman Apartments
What is the Cheapest Studio apartment in Sherman?
Currently the most affordable Cheap Studio Apartment in Sherman is at The Bowie Apartments listed at $695.
How much is rent for a Cheap One Bedroom Sherman Apartment?
The lowest price for a Cheap One Bedroom Sherman Apartment is $700 at Fairmount Hills 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 $825 at Fairmount Hills Apartments.
What is the most affordable Sherman Three Bedroom Apartment?
The best deal on a cheap Sherman Three Bedroom Apartment rental is at Park Place Student Housing and starts from $549.
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

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.

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.