Cheap Apartments for Rent in Sherwood, AR from $500 (45 Rentals)

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

property at 67 Aloha Cir

$995

2 Bedroom Rentals

Available Now

67 Aloha Cir

SherwoodAR72120

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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Sherwood Trails
1 to 3 Bedroom Apartments

Sherwood Trails

10401 Brockington RdSherwood, AR 72120
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Apple Valley Townhomes
2 Bedroom Apartments

Apple Valley Townhomes

211 Apple Valley DrSherwood, AR 72120
  • 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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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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New Brittany Apartments
Studio to 2 Bedroom Apartments

New Brittany Apartments

7603 Jacksonville Cutoff RdJacksonville, AR 72076
  • Utilities Included
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Overbrook
1 to 3 Bedroom Apartments

Overbrook

5901 John F Kennedy BlvdNorth Little Rock, AR 72116
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Arrington Apartments
1 to 3 Bedroom Apartments

Arrington Apartments

6301 Camp Robinson RdNorth Little Rock, AR 72118
  • Utilities Included

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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Protho Manor
1 to 4 Bedroom Apartments

Protho Manor

1909 Highway 161 HwyNorth Little Rock, AR 72117

A Guide to Working and Living in Little Rock: Major Companies and Charming Neighborhoods

Little Rock, Arkansas: Your essential guide to finding the perfect home, from charming historic areas to dense suburbs, all conveniently located near the city’s top employers.

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Showing Results 1-45, Page 1 of 1

Sherwood, AR Local Guide

Cheapest Available Sherwood Apartments for Rent

 

The cheapest available apartment rental in Sherwood, AR is a 1 Bed unit found at New Brittany Apartments in the Jacksonville Sherwood neighborhood priced from $550. Icon Lakewood has the second lowest priced unit, which is a Studio apartment currently listed from $659. Here is today’s list of the most affordable Sherwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
New Brittany Apartments1 Bedroom1BR,1BA$550
Icon LakewoodStudioStudio,1BA$659
Timbers at Lakewood0 Bedroom 1 BathroomStudio,1BA$725
OverbrookA1E1BR,1BA$765
Indian Hills ApartmentsThe Osage1BR,1BA$770
The Grove on Brockington1 bed 1 bath1BR,1BA$795
The Links at SherwoodCustom1BR,1BA$815
Sherwood TrailsOne Bedroom1BR,1BA$825
Fairfax Crossing Apartments1BR1BR,1BA$845
The Retreat at Sherwood1 Bedroom1BR,1BA$875

Best Value Apartments for Rent in Sherwood, AR

As of June 06, 2026 the best value apartment in the Sherwood area is the $1.00 price per square foot 2 Bedroom - 1175 Model at The Retreat at Sherwood in the in the Jacksonville Sherwood neighborhood starting from $1,175. The second greatest value Sherwood apartment is the Versaille 2 bedroom 2 bathroom Model at The Versailles Apartment Homes starting at $1,410 with a $1.21 price per square foot . Here is today’s list of the best values for Sherwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Retreat at Sherwood2 Bedroom - 11752BR,2BA$1.00
The Versailles Apartment HomesVersaille 2 bedroom 2 bathroom2BR,2BA$1.21
The Grove on Brockington1 bed 1 bath1BR,1BA$0.90
Woodland Terrace1 Bed Small Renovated1BR,1BA$1.14
Placid Hills Senior Living1 Bed 1 Bath1BR,1BA$1.23
Foothills Apartments3A1BR,1BA$1.28
Fairfax Crossing Apartments1BR1BR,1BA$1.26
Sherwood TrailsOne Bedroom1BR,1BA$1.23
OverbrookA1B1BR,1BA$1.35
The Cove at 300Studio RenovatedStudio ,1BA$1.35

Exploring Little Rock: A Student's Guide on Where to Live Near Little Rock's Best Colleges

Explore Little Rock like a local! This student guide covers the best neighborhoods for renting near the area's top schools. Find your Little Rock apartment today!

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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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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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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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Best Local Schools in
Sherwood, AR

School data provided by Great Schools

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

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Frequently Asked Questions about Cheap Sherwood Apartments

What is the Cheapest Studio apartment in Sherwood?

Currently the most affordable Cheap Studio Apartment in Sherwood is at Icon Lakewood listed at $659.

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

The lowest price for a Cheap One Bedroom Sherwood Apartment is $550 at New Brittany Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Sherwood is starting from $799 at Icon Lakewood.

What is the most affordable Sherwood Three Bedroom Apartment?

The best deal on a cheap Sherwood Three Bedroom Apartment rental is at Fairfax Crossing Apartments and starts from $1,025.

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.

Helpful Local Expert Guides

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Exploring the Best Affordable Neighborhoods in Little Rock: Finding Your Perfect Place

Written by: Melissa Maxwell

I lived in Little Rock, Arkansas for a time as a child. My grandmother was born and raised there with her seven brothers and sisters. On the day my grandmother was born, her father paid the doctor with a hog.

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Exploring Little Rock: A Students Guide on Where to Live Near Little Rock's Best Colleges

Written by: Melissa Maxwell

Alright! You got into college! The next four years are going to be super thrilling. Little Rock is a city with quite a checkered past.

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A Guide to Working and Living in Little Rock: Major Companies and Charming Neighborhoods

Written by: Melissa Maxwell

I'm Melissa, your ApartmentHomeLiving.com Local Expert for Little Rock, Arkansas. Arkansas has a reputation as being a rather rural state. That isn't far from true.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.