
Cheap Apartments for Rent in Sherwood, AR from $500 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Sherwood.


The Grove on Brockington

8001 Langer Ln

The Links at Sherwood

1201 Brice Rd

1 Shelby Rd

371-371 Club Rd

Residences at Sherwood

67 Aloha Cir
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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.

9917 Jacksonville-Cato Rd

Hidden Valley Apartments

Sherwood Trails

Apple Valley Townhomes

617 Brierly Dr

The Summit at Valley Heights

Icon Lakewood

Timbers at Lakewood

4506 Maddox Rd, Unit 7A
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14 Fra Mar Dr

Placid Hills Senior Living

Fairfax Crossing Apartments

Foothills Apartments

6102 Meadowbrook Ln

3 Fra Mar Dr

6104 Meadowbrook Ln

1616 Skyline Dr

Woodland Terrace
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The Pointe North Hills

4821 N Cedar St

4506 Maddox Rd

New Brittany Apartments

Overbrook

Indian Hills Apartments

Arrington Apartments

6104 Meadowbrook Ln

Protho Manor
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238 Kelso Rd
Sherwood, AR Local Guide

How much does it cost to rent an apartment in Sherwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Sherwood Studio Apartments | $1,102 | $659 | $1,999 |
| Cheap Sherwood 1 Bedroom Apartments | $1,206 | $605 | $2,350 |
| Cheap Sherwood 2 Bedroom Apartments | $1,214 | $715 | $3,555 |
| Cheap Sherwood 3 Bedroom Apartments | $1,414 | $975 | $3,765 |
| Cheap Sherwood 4 Bedroom Apartments | $1,530 | $1,530 | $1,530 |
Browse Top Apartments in Sherwood
See all Apartments in SherwoodExplore Sherwood
Sherwood, AR Local Guide
- Nearby Cities
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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 $500. The Summit at Valley Heights in the Jacksonville Sherwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $605. Here is today’s list of the most affordable Sherwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| New Brittany Apartments | EFFICIENCY | 1BR,1BA | $500 |
| The Summit at Valley Heights | 1 Bed, 1 Bath | 1BR,1BA | $605 |
| Icon Lakewood | Studio | Studio,1BA | $659 |
| Indian Hills Apartments | The Osage | 1BR,1BA | $780 |
| The Grove on Brockington | 1 bed 1 bath | 1BR,1BA | $795 |
| The Links at Sherwood | Custom | 1BR,1BA | $815 |
| Sherwood Trails | One Bedroom | 1BR,1BA | $825 |
| Overbrook | A4AC | 1BR,1BA | $875 |
| The Retreat at Sherwood | 1 Bedroom | 1BR,1BA | $875 |
| Fairfax Crossing Apartments | 2BR | 2BR,2BA | $899 |
Best Value Apartments for Rent in Sherwood, AR
As of April 22, 2026 the best value apartment in the Sherwood area is the $1.01 price per square foot 3B Model at Foothills Apartments in the in the South Little Rock neighborhood starting from $1,127. The second greatest value Sherwood apartment is the 1 Bedroom Model at The Retreat at Sherwood starting at $875 with a $0.91 price per square foot in the Jacksonville Sherwood neighborhood. Here is today’s list of the best values for Sherwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Foothills Apartments | 3B | 2BR,2BA | $1.01 |
| The Retreat at Sherwood | 1 Bedroom | 1BR,1BA | $0.91 |
| Fairfax Crossing Apartments | 2BR-R | 2BR,2BA | $1.23 |
| The Grove on Brockington | 1 bed 1 bath | 1BR,1BA | $0.90 |
| Woodland Terrace | 1 Bed Large Renovated | 1BR,1BA | $1.09 |
| The Summit at Valley Heights | 2 Bed, 1 Bath | 2BR,1BA | $0.95 |
| Placid Hills Senior Living | 1 Bed 1 Bath | 1BR,1BA | $1.23 |
| The Cove at 300 | One Bedroom Renovated | 1BR,1BA | $1.08 |
| Timbers at Lakewood | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.27 |
| Sherwood Trails | One Bedroom | 1BR,1BA | $1.23 |
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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.
Best Local Schools in Sherwood, AR
Sylvan Hills High School
Sylvan Hills Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sherwood, AR Rentals by Map
See the most popular apartments and homes in Sherwood, AR
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 $500 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 $715 at The Summit at Valley Heights.
What is the most affordable Sherwood Three Bedroom Apartment?
The best deal on a cheap Sherwood Three Bedroom Apartment rental is at The Summit at Valley Heights and starts from $975.
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

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.

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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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.

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Renting your next home can feel thrilling and overwhelming at the same time.