Cheap Apartments for Rent in Sherwood, MD from $500 (12 Rentals)

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

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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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.

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Sherwood, MD Local Guide

Cheapest Available Sherwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sherwood, MD is a 3 Beds unit found at The Village at Slippery Hill II priced from $799. Mulberry Estates in the Chesapeake by Del Webb neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,054. Here is today’s list of the most affordable Sherwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Village at Slippery Hill IIC2 - Three Bedroom Townhome3BR,2BA$799
Mulberry Estatestwo bedroom2BR,1BA$1,054
Bradford House1 Bed 1 Bath1BR,1BA$1,281
Nautilus PointNautilus | A31BR,1BA$1,616
Quiet Waters LandingA1-1BD/1BA1BR,1BA$1,618

Best Value Apartments for Rent in Sherwood, MD and Nearby

As of July 30, 2025 the best value apartment in the Sherwood area is the $0.78 price per square foot C3 - Three Bedroom Townhome Model at The Village at Slippery Hill II in the starting from $1,120. The second greatest value Sherwood apartment is the The Douglas Model at Lakeside Run at Trappe starting at $2,499 with a $1.82 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 Village at Slippery Hill IIC3 - Three Bedroom Townhome3BR,2BA$0.78
Lakeside Run at TrappeThe Douglas2BR,2BA$1.82
Obery CourtTwo Bedroom2BR,1.5BA$1.61
Harbour Gates Apartments2 Bedrooms + 2 Baths2BR,2BA$2.17
Burnt Oaks2 Bedroom 2 Bath2BR,2BA$1.91
The Woods of MarltonTHE MAPLE (2A 2AR)2BR,1BA$1.95
Bay Hills Apartments1B1B1BR,1BA$2.37
Mulberry Estatestwo bedroom2BR,1BA$1.26
Spa Cove ApartmentsSevern1BR,1BA$2.29
Annapolis Roads1BR 1BA1BR,1BA$2.23

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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 Bay Manor Apartments listed at $2,000.

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

The lowest price for a Cheap One Bedroom Sherwood Apartment is $1,281 at Bradford House.

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 $1,054 at Mulberry Estates.

What is the most affordable Sherwood Three Bedroom Apartment?

The best deal on a cheap Sherwood Three Bedroom Apartment rental is at The Village at Slippery Hill II and starts from $799.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.