Cheap Apartments for Rent in Sherwood, AR from $500 (39 Rentals)

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

Catfish, Crystals, and Culture: A Local Insider's Guide to Little Rock

Little Rock has big-city amenities, small-town charm, and some of the best catfish you'll ever eat. Let our local insider show you everything this underrated Arkansas city has to offer.

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8860 Thomas St
1 Bedroom Apartments

8860 Thomas St

8860 Thomas StSherwood, AR 72120
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Apple Valley Townhomes
2 Bedroom Apartments

Apple Valley Townhomes

211 Apple Valley DrSherwood, AR 72120
  • Utilities Included

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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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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New Brittany Apartments
Studio to 2 Bedroom Apartments

New Brittany Apartments

7603 Jacksonville Cutoff RdJacksonville, AR 72076
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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

Little Rock's Best Affordable Neighborhoods

Learn about Little Rock and the best places to live with original content written by Local Expert Melissa Maxwell

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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 in the North Little Rock neighborhood 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
Foothills Apartments2D1BR,1BA$737
OverbrookA1B1BR,1BA$763
Indian Hills ApartmentsThe Osage1BR,1BA$770
The Grove on Brockington1 bed 1 bath1BR,1BA$795
The Links at SherwoodCustom1BR,1BA$815
The Retreat at Sherwood1 Bedroom1BR,1BA$850
Fairfax Crossing Apartments2BR2BR,2BA$925

Best Value Apartments for Rent in Sherwood, AR

As of July 22, 2026 the best value apartment in the Sherwood area is the $1.20 price per square foot Versaille 2 bedroom 2 bathroom Model at The Versailles Apartment Homes in the in the North Little Rock neighborhood starting from $1,399. The second greatest value Sherwood apartment is the 1 Bedroom Model at The Retreat at Sherwood starting at $850 with a $0.89 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Versailles Apartment HomesVersaille 2 bedroom 2 bathroom2BR,2BA$1.20
The Retreat at Sherwood1 Bedroom1BR,1BA$0.89
Fairfax Crossing Apartments2BR-R2BR,2BA$1.23
The Grove on Brockington1 bed 1 bath1BR,1BA$0.90
Woodland Terrace1 Bed Large1BR,1BA$1.09
Placid Hills Senior Living1 Bed 1 Bath1BR,1BA$1.23
Foothills Apartments3A1BR,1BA$1.14
The Cove at 300One Bedroom Renovated1BR,1BA$1.08
Indian Hills ApartmentsThe Osage1BR,1BA$1.37
OverbrookA1A1BR,1BA$1.42

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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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:
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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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Catfish, Crystals, and Culture: A Local Insider's Guide to Little Rock

Written by: Melissa Maxwell

I'm Melissa, your ApartmentHomeLiving.com Local Expert for Little Rock, Arkansas. My grandmother was from Little Rock. She went to North Little Rock High School. Yes, that North Little Rock High School.

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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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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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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.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.