Cheap Homes for Rent in Sherman, TX from $700 (40 Rentals)

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

property at 410 S Vaden St
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

410 S Vaden St, Unit B

410 S Vaden St
ShermanTX75090

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.

property at 128 Vandenburg Dr
$999

Total Monthly Price

Base Rent$999

Total Monthly Price$999
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

128 Vandenburg Dr

DenisonTX75020

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

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property at 121 Vandenburg Dr
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

121 Vandenburg Dr, Unit A

121 Vandenburg Dr
DenisonTX75020
property at 67 Mundt St
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
3 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

67 Mundt St

DenisonTX75020

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.

property at 1634 E Cherry St
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
2 Bedroom, 1 Bath Home for Rent
Available Oct 1
Affordability

1634 E Cherry St

ShermanTX75090
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property at 1615 N Highland Ave
$1,175

Total Monthly Price

Base Rent$1,175

Total Monthly Price$1,175
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1615 N Highland Ave

ShermanTX75092

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.

property at 608 E College St
$1,225
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

608 E College 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.

Sherman, TX Local Guide

Cheapest Neighborhoods for Homes in Sherman, TX

Pricing Updated: 09/28/2026

Current rental homes in the Sherman, TX area range in price from $700 to $4,726 with an overall median price of $1,495. Here is today’s list neighborhoods with the lowest median pricing for Sherman Homes for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Country Ridge$1,495$700115

Cheapest Available Sherman Homes for Rent

 

The cheapest available rental home in Sherman, TX is a Studio home found at 714 E Lamar St in the Country Ridge neighborhood priced from $750. 128 Vandenburg Dr in the Country Ridge neighborhood has the second lowest priced home, which is a 2 Beds rental home currently listed from $999. Here is today’s list of the most affordable Sherman homes for rent:

Home ListingModel NameBed/BathPriced From
714 E Lamar St714 E Lamar StStudio, 1BA$750
128 Vandenburg Dr128 Vandenburg Dr2BR, 1BA$999
1615 N Highland Ave1615 N Highland Ave2BR, 1BA$1,175
709 N Collins Fwy709 N Collins Fwy2BR, 1BA$1,329

Best Value Homes for Rent in Sherman, TX

As of September 29, 2026 the best value rental home in the Sherman area is the $0.66 price per square foot 1921 Southridge Ln Model at 1921 Southridge Ln starting from $1,950. The second greatest value Sherman rental home is the 1413 Richardson St Model at 1413 Richardson St starting at $2,300 with a $1.00 price per square foot. Here is today’s list of the best values for Sherman homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
1921 Southridge Ln1921 Southridge Ln3BR, 3BA$0.66
1413 Richardson St1413 Richardson St4BR, 3BA$1.00
128 Vandenburg Dr128 Vandenburg Dr2BR, 1BA$0.50
714 E Lamar St714 E Lamar St1BR, 1BA$0.38
1611 Park Pl1611 Park Pl3BR, 2BA$1.10
709 N Collins Fwy709 N Collins Fwy3BR, 2BA$1.18
709 N Collins Fwy709 N Collins Fwy3BR, 2BA$1.11
67 Mundt St67 Mundt St3BR, 1BA$0.98
121 Vandenburg Dr, Unit A121 Vandenburg Dr2BR, 1BA$1.15
410 S Vaden St, Unit B410 S Vaden St1BR, 1BA$1.14

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

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Frequently Asked Questions about Sherman

What type of rentals are currently available in Sherman?

There are currently 82 Apartments for Rent in Sherman, TX with pricing that ranges from $660 to $9,280. There are also 173 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman ranging from $700 to $4,726.

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 $700 to $4,726 with an average monthly rent of $1,642.

How much are larger Three and Four Bedroom Rentals in Sherman?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Sherman range from $1,200 to $3,781, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,899.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.