Cheap Apartments for Rent in Sherman, TX from $600 (72 Rentals)

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

property at 304 N Grand Ave

$645

Total Monthly Price

Total Monthly Price

Base Rent
$645
Total Monthly Price
$645

6 Bedroom, 4 Bath Home for Rent

Available Now

304 N Grand Ave

ShermanTX75090
property at 1217 E Lamar St

$645

Total Monthly Price

Total Monthly Price

Base Rent
$645
Total Monthly Price
$645

6 Bedroom, 3 Bath Home for Rent

Available Now

1217 E Lamar St

ShermanTX75090

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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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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property at 1006 S Throckmorton St

$950

2 Bedroom, 1 Bath Rentals

Available Now

Unit

1006 S Throckmorton St
ShermanTX75090
property at 2520 N Hickory St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Now

2520 N Hickory St

ShermanTX75092

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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Birchway Sherman
Rent Specials
$1,109 - $2,525
Total Monthly Price

Total Monthly Price

Base Rent
$1,109 - $2,525
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Birchway Sherman

601 Graham DrSherman, TX 75092
Student Housing
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Shaw House
Rent Specials
$1,199 - $2,416
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $2,416
Total Monthly Price
$1,199 - $2,416
1 to 3 Bedroom Apartments Available Now

Shaw House

2300 North Friendship RdSherman, TX 75092
Eco-Friendly
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  • Utilities Included
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Southgate Apartments
Studio to 2 Bedroom Apartments

Southgate Apartments

915 S Travis StSherman, TX 75090
  • Utilities Included
property at 1434 S Rusk St

$750 - $1,150

Studio To 2 Bedroom Rentals

Available Now

1434 S Rusk St

ShermanTX75090
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23Hundred Apartments
1 to 2 Bedroom Apartments

23Hundred Apartments

2300 W Taylor StSherman, TX 75092
  • Utilities Included
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Legacy Apartments
1 to 2 Bedroom Apartments

Legacy Apartments

422 S Crockett StSherman, TX 75090

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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Concord Village
1 to 3 Bedroom Apartments

Concord Village

820 N Sam Rayburn FwySherman, TX 75090
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Travis Lofts
Studio Apartments

Travis Lofts

225 N Travis StSherman, TX 75090
  • Utilities Included
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Peppertree Townhomes
1 to 2 Bedroom Apartments

Peppertree Townhomes

1900 W TaylorSherman, TX 75092
  • Utilities Included

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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Sherman, TX Local Guide

Cheapest Neighborhoods for Apartments in Sherman, TX

Pricing Updated: 05/21/2026

Current apartment rentals in the Sherman, TX area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Sherman Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Country Ridge$2,299$645561

Cheapest Available Sherman Apartments for Rent

 

The cheapest available apartment rental in Sherman, TX is a 1 Bed unit found at Ridgeview in the Country Ridge neighborhood priced from $645. Archer Village Apartments in the Country Ridge neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Sherman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RidgeviewA11BR,1BA$645
Archer Village ApartmentsEfficiency/StudioStudio,1BA$750
Easton ParcE1Studio,1BA$759
CreekviewT11BR,1BA$771
Country Village ApartmentsA1BR,2BA$775
RIVER RANCH APARTMENTSEFF1BR,1BA$792
RaintreeA21BR,1BA$795
23Hundred Apartments1 Bedroom 1 Bathroom1BR,1BA$799
Turtle Creek Apartments ShermanA1C-1x11BR,1BA$799
Legacy ApartmentsA1BR,1BA$799

Best Value Apartments for Rent in Sherman, TX

As of May 22, 2026 the best value apartment in the Sherman area is the $1.16 price per square foot C1 Phase 2 Model at Residence at Gateway Village in the in the Country Ridge neighborhood starting from $1,525. The second greatest value Sherman apartment is the A1 Model at Sutton Flats starting at $1,100 with a $1.28 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.
Residence at Gateway VillageC1 Phase 23BR,2BA$1.16
Sutton FlatsA11BR,1BA$1.28
RaintreeB1A with Washer & Dryer Connections2BR,1BA$1.20
RidgeviewB12BR,1BA$1.00
1410 Park Pl1410 Park Pl2BR,1BA$1.25
The GroveA21BR,1BA$1.17
The District at ShermanThe Norwegian - 1 Bedroom Apartment Home1BR,1BA$1.13
Northridge Villas1 Bedroom 1 Bath1BR,1BA$1.12
Turtle Creek Apartments ShermanA1P-1x11BR,1BA$1.24
The Brooks on Heritage ParkwayHickory1BR,1BA$1.27

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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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.

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Frequently Asked Questions about Cheap Sherman Apartments

What is a cheap apartment in Sherman?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherman is under $799.

What is the price of a cheap apartment in Sherman?

The cheapest apartment in Sherman is Ridgeview which is listed at $645, while the average apartment in Sherman costs $2,299.

What types of apartments are the cheapest in Sherman?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 74 regular apartments in Sherman that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Sherman?

Cheap apartments in Sherman have an average cost of $143 which is $2,156 cheaper than the average rent for all rentals in Sherman.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

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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.