Cheap Apartments for Rent in Sherman, TX from $600 (80 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Shaw House
Rent Specials
$954 - $2,416
Total Monthly Price

Total Monthly Price

Base Rent
$954 - $2,416
Total Monthly Price
$954 - $2,416
1 to 3 Bedroom Apartments Available Now

Shaw House

2300 North Friendship RdSherman, TX 75092
Affordability
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Birchway Sherman
Rent Specials
$960 - $1,616
Total Monthly Price

Total Monthly Price

Base Rent
$960 - $1,616
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Birchway Sherman

601 Graham DrSherman, TX 75092
Student Housing
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Stone Creek Flats
Rent Specials
$1,008 - $1,281
Total Monthly Price

Total Monthly Price

Base Rent
$1,008 - $1,281
Total Monthly Price
$1,008 - $1,281
1 to 2 Bedroom Apartments Available Now

Stone Creek Flats

901 South Heritage ParkwaySherman, TX 75092
Family Friendly
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Aspire at Sherman
Rent Specials
$1,019 - $1,769
Total Monthly Price

Total Monthly Price

Base Rent
$1,019 - $1,769
Total Monthly Price
$1,019 - $1,769
Studio to 2 Bedroom Apartments Available Now

Aspire at Sherman

1111 Gallagher DrSherman, TX 75090
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Concord Village
Rent Specials
$1,150 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,500
Total Monthly Price
$1,150 - $1,500
1 to 3 Bedroom Apartments Available Now

Concord Village

820 N Sam Rayburn FwySherman, TX 75090
Pet Friendly
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Ridgeview
1 to 3 Bedroom Apartments

Ridgeview

1800 W Washington StSherman, TX 75092
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Southgate Apartments
Studio to 2 Bedroom Apartments

Southgate Apartments

915 S Travis StSherman, TX 75090
  • Utilities Included

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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Legacy Apartments
1 to 2 Bedroom Apartments

Legacy Apartments

422 S Crockett StSherman, TX 75090
property at 410 S Vaden St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

410 S Vaden St, Unit B

410 S Vaden St
ShermanTX75090
property at 1434 S Rusk St

$875 - $1,050

1 To 2 Bedroom Rentals

Available Now

1434 S Rusk St

ShermanTX75090
property at 802 N Crockett St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

2 Bedroom, 1 Bath Condo for Rent

Available Now

802 N Crockett St, Unit F

802 N Crockett St
ShermanTX75090
property at 802 N Crockett St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

2 Bedroom, 1 Bath Condo for Rent

Available Now

802 N Crockett St

ShermanTX75090

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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Sherman, TX Local Guide

Cheapest Neighborhoods for Apartments in Sherman, TX

Pricing Updated: 08/20/2026

Current apartment rentals in the Sherman, TX area range in price from $487 to $3,387 with an overall median price of $1,150. Here is today’s list neighborhoods with the lowest median pricing for Sherman Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Country Ridge$1,150$487487

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. Highland Park Apartments in the Country Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Sherman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RidgeviewA11BR,1BA$645
Highland Park ApartmentsClassic 1Bed / 1Bath1BR,1BA$699
Archer Village ApartmentsEfficiency/StudioStudio,1BA$750
Easton ParcE1Studio,1BA$764
The Brooks on Heritage ParkwayHickory1BR,1BA$774
Northside on TravisA11BR,1BA$780
Country Village ApartmentsA1H1BR,1BA$791
CreekviewA11BR,1BA$796
Parks on Taylor Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$799
23Hundred Apartments1 Bedroom 1 Bathroom1BR,1BA$799

Best Value Apartments for Rent in Sherman, TX

As of August 20, 2026 the best value apartment in the Sherman area is the $1.23 price per square foot 307 Sunset Blvd Model at 307 Sunset Blvd in the in the Country Ridge neighborhood starting from $1,600. The second greatest value Sherman apartment is the 2 Bedroom 1 Bath Model at Northridge Villas starting at $980 with a $1.02 price per square foot in the Country Ridge neighborhood. 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.
307 Sunset Blvd307 Sunset Blvd3BR,2BA$1.23
Northridge Villas2 Bedroom 1 Bath2BR,1BA$1.02
RIVER RANCH APARTMENTSB12BR,1BA$0.92
Sutton FlatsA11BR,1BA$1.05
RidgeviewB12BR,1BA$1.00
Park Place ApartmentsModern 2 bedroom 1 bath apartment in Sherman, TX.2BR,1BA$1.19
The Brooks on Heritage ParkwayLexington1BR,1BA$1.22
CreekviewA11BR,1BA$1.04
Turtle Creek Apartments ShermanA1P-1x11BR,1BA$1.24
Northside on TravisA11BR,1BA$1.20

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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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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Sherman, TX

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

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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 $1,150.

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 63 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 $177 which is $973 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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.