
Cheap Apartments for Rent in Sherwood, MD from $500 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Sherwood.


Chapline House II

Hudson Townhomes

Chapline House - 62+ Senior Housing

Bradford House

Bay Forest Senior Apartments

Obery Court

Woods Crossing Apartments
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.

Chatham Village Apartments

Quiet Waters Landing

Nautilus Point

Brant Court

102 B Marlboro Ave

The Woods of Marlton

Burnt Oaks

The Promenade at Easton
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.

Harbour Gates Apartments

Westwinds Apartments

Bay Manor Apartments

Annapolis Roads Apartments

Bell Annapolis on West

Total Monthly Price
Beechtree Apartments

The Laura House

Spa Cove Apartments
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.

Total Monthly Price
Bayshore Landing

Annapolis Bay

Avalon Annapolis

Total Monthly Price
Maris

Bay Hills Apartments

The James

Leonard's Grove Apartments

Crusader Arms Apartments
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.

The Village at Slippery Hill Senior Apartments- 62+

Mulberry Estates

1154 Steamboat Rd

Madison Apartments

47 Clay St

4828 Woods Wharf Rd

West Woods Apartments

43 Clay St
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.

Fairmont at South Lake

24345 Widgeon Pl
Sherwood, MD Local Guide

How much does it cost to rent an apartment in Sherwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherwood Studio Apartments | $2,076 | $1,522 | $2,422 |
| Sherwood 1 Bedroom Apartments | $2,209 | $591 | $3,861 |
| Sherwood 2 Bedroom Apartments | $2,602 | $626 | $4,077 |
| Sherwood 3 Bedroom Apartments | $2,682 | $1,700 | $3,649 |
| Sherwood 4 Bedroom Apartments | $3,676 | $2,995 | $4,140 |
Browse Top Apartments in Sherwood
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Sherwood, MD Local Guide
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Cheapest Available Sherwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Sherwood, MD is a 2 Beds unit found at Hudson Townhomes in the Blackwater Landing neighborhood priced from $626. The Village at Slippery Hill Senior Apartments- 62+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Sherwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hudson Townhomes | 2 bed / 2 bath | 2BR,2BA | $626 |
| The Village at Slippery Hill Senior Apartments- 62+ | A3 - One Bedroom | 1BR,1BA | $975 |
| Bradford House | 1 Bed 1 Bath | 1BR,1BA | $1,176 |
| Obery Court | One Bedroom | 1BR,1BA | $1,277 |
| Quiet Waters Landing | A1-1BD/1BA | 1BR,1BA | $1,452 |
| Brant Court | C-bc | 1BR,1BA | $1,559 |
| The Woods of Marlton | THE MAPLE (2A 2AR) | 2BR,1BA | $1,616 |
| The Promenade at Easton | The Chester | 1BR,1BA | $1,759 |
| Nautilus Point | Nautilus | A3 | 1BR,1BA | $1,844 |
| Bay Manor Apartments | Studio | Studio,1BA | $1,850 |
Best Value Apartments for Rent in Sherwood, MD and Nearby
As of May 26, 2026 the best value apartment in the Sherwood area is the $1.58 price per square foot The Ashton Model at Lakeside Run at Trappe in the starting from $2,985. The second greatest value Sherwood apartment is the The Chester Model at West Woods Apartments starting at $2,380 with a $1.99 price per square foot in the Monticello 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. |
|---|---|---|---|
| Lakeside Run at Trappe | The Ashton | 3BR,2.5BA | $1.58 |
| West Woods Apartments | The Chester | 2BR,2BA | $1.99 |
| The Laura House | 2 Bedroom | 2BR,1BA | $1.81 |
| Burnt Oaks | 2 Bedroom 2 Bath | 2BR,2BA | $1.91 |
| The Woods of Marlton | THE ASPEN LARGE (2C 2CR) | 2BR,2BA | $1.74 |
| Obery Court | One Bedroom | 1BR,1BA | $1.64 |
| Brant Court | C-bc | 1BR,1BA | $2.30 |
| The Village at Slippery Hill Senior Apartments- 62+ | A5 - One Bedroom | 1BR,1BA | $1.69 |
| Quiet Waters Landing | A1-1BD/1BA | 1BR,1BA | $2.28 |
| Bradford House | 1 Bed 1 Bath | 1BR,1BA | $2.23 |
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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sherwood, MD Rentals by Map
See the most popular apartments and homes in Sherwood, MD
Frequently Asked Questions about Cheap Sherwood Apartments
How much is rent for a Cheap One Bedroom Sherwood Apartment?
The lowest price for a Cheap One Bedroom Sherwood Apartment is $975 at The Village at Slippery Hill Senior Apartments- 62+.
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 $626 at Hudson Townhomes.
What is the most affordable Sherwood Three Bedroom Apartment?
The best deal on a cheap Sherwood Three Bedroom Apartment rental is at Obery Court and starts from $1,700.
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

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.