
Cheap Homes for Rent in Sherwood, AR from $700 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Sherwood.


4815 Hickory Ave

1 Shelby Rd

7031 Jacksonville Cutoff Rd

5 Oakview Dr

2107 Muldrow Dr
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.

2107 Muldrow Dr

38 Compass Point St

617 Brierly Dr

321 Club Rd

717 Annelle St

121 Lindenhurst Dr
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.

713 King Pl

6116 Whitby Ln

7818 Pinto Trail

600 Hemphill Rd

59 Aloha Cir

16 Brookway Ln
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.

4 Santiago Dr

8 Brookway Ln
Sherwood, AR Local Guide

How much does it cost to rent a home in Sherwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherwood 2 Bedroom Homes for Rent | $990 | $925 | $1,095 |
| Sherwood 3 Bedroom Homes for Rent | $1,672 | $995 | $3,069 |
| Sherwood 4 Bedroom Homes for Rent | $2,034 | $1,295 | $3,000 |
Browse Top Homes for Rent in Sherwood
Explore Sherwood
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 New Brittany Apartments in the Jacksonville Sherwood neighborhood priced from $595. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| New Brittany Apartments | 1 Bedroom | 1BR,1BA | $595 |
| Icon Lakewood | Studio | Studio,1BA | $659 |
| Overbrook | A1A | 1BR,1BA | $740 |
| Indian Hills Apartments | The Osage | 1BR,1BA | $770 |
| The Grove on Brockington | 1 bed 1 bath | 1BR,1BA | $795 |
Best Value Apartments for Rent in Sherwood, AR
As of May 21, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Retreat at Sherwood | 2 Bedroom - 1175 | 2BR,2BA | $1.00 |
| The Versailles Apartment Homes | Versaille 2 bedroom 2 bathroom | 2BR,2BA | $1.21 |
| Foothills Apartments | 1B | 2BR,2BA | $0.81 |
| Fairfax Crossing Apartments | 2BR-R | 2BR,2BA | $1.23 |
| Sherwood Trails | Two Bedroom | 2BR,2BA | $1.01 |
| The Grove on Brockington | 1 bed 1 bath | 1BR,1BA | $0.90 |
| Woodland Terrace | 1 Bed Small Renovated | 1BR,1BA | $1.14 |
| Placid Hills Senior Living | 1 Bed 1 Bath | 1BR,1BA | $1.23 |
| Overbrook | A1B | 1BR,1BA | $1.35 |
| The Cove at 300 | Studio Renovated | Studio ,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!
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 ArticleReal 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.
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 Sherwood
What type of rentals are currently available in Sherwood?
There are currently 87 Apartments for Rent in Sherwood, AR with pricing that ranges from $650 to $3,765. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood ranging from $775 to $3,069.
What is the current price range for Rental Homes in Sherwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherwood ranges from $775 to $3,069 with an average monthly rent of $1,654.
How much are larger Three and Four Bedroom Rentals in Sherwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Sherwood range from $1,025 to $3,765, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $3,069. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $1,530.
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

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.

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.

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.
Articles, How-To's, and Tips

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
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.