
Cheap Apartments for Rent in Sherwood, AR from $400 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Sherwood.


The Grove on Brockington

The Links at Sherwood

Residences at Sherwood

617 Brierly Dr

Hidden Valley Apartments

217 Taylor Rd

Sherwood Trails
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.

1 Shelby Rd

Apple Valley Townhomes

The Summit at Valley Heights

Icon Lakewood

Timbers at Lakewood

115 Chiliwood Ln

Placid Hills Senior Living

5005 N Walnut Rd
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.

Arrington Apartments

3 Fra Mar Dr

6102 Meadowbrook Ln

Woodland Terrace

Foothills Apartments

5557 Springvale Rd

The Pointe North Hills

The Lakewood House Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

New Brittany Apartments

Overbrook

Indian Hills Apartments

4817 Hickory Ave

6104 Meadowbrook Ln

220 Natalie Ln

Protho Manor

214 Belmont Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,093 | $650 | $1,820 |
| Cheap Sherwood 1 Bedroom Apartments | $1,193 | $400 | $2,590 |
| Cheap Sherwood 2 Bedroom Apartments | $1,276 | $715 | $3,555 |
| Cheap Sherwood 3 Bedroom Apartments | $1,409 | $975 | $3,765 |
Browse Top Apartments in Sherwood
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Sherwood, AR Local Guide
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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 The Summit at Valley Heights in the Jacksonville Sherwood neighborhood priced from $605. Icon Lakewood has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Sherwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Summit at Valley Heights | 1 Bed, 1 Bath | 1BR,1BA | $605 |
| Icon Lakewood | Studio | Studio,1BA | $699 |
| Timbers at Lakewood | 0 Bedroom 1 Bathroom | Studio,1BA | $725 |
| Overbrook | A1 | 1BR,1BA | $740 |
| Indian Hills Apartments | The Osage | 1BR,1BA | $770 |
| The Grove on Brockington | 1 bed 1 bath | 1BR,1BA | $795 |
| Arrington Apartments | 1 X 1 | 1BR,1BA | $800 |
| The Links at Sherwood | Custom | 1BR,1BA | $815 |
| Sherwood Trails | One Bedroom | 1BR,1BA | $825 |
| The Retreat at Sherwood | 1 Bedroom | 1BR,1BA | $875 |
Best Value Apartments for Rent in Sherwood, AR
As of January 09, 2026 the best value apartment in the Sherwood area is the $1.19 price per square foot Versaille 2 bedroom 2 bathroom Model at The Versailles Apartment Homes in the starting from $1,395. The second greatest value Sherwood apartment is the 2 bedroom Model at The Lakewood House Apartments starting at $1,350 with a $1.26 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. |
|---|---|---|---|
| The Versailles Apartment Homes | Versaille 2 bedroom 2 bathroom | 2BR,2BA | $1.19 |
| The Lakewood House Apartments | 2 bedroom | 2BR,2BA | $1.26 |
| Protho Manor | C1 | 3BR,1BA | $1.28 |
| The Retreat at Sherwood | 1 Bedroom | 1BR,1BA | $0.91 |
| The Grove on Brockington | 1 bed 1 bath | 1BR,1BA | $0.90 |
| Woodland Terrace | 1 Bed Small Renovated | 1BR,1BA | $1.13 |
| Arrington Apartments | 1 X 1 | 1BR,1BA | $1.00 |
| 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 |
| Sherwood Trails | One Bedroom | 1BR,1BA | $1.23 |
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!
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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
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 $699.
How much is rent for a Cheap One Bedroom Sherwood Apartment?
The lowest price for a Cheap One Bedroom Sherwood Apartment is $605 at The Summit at Valley Heights.
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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.