Cheap Apartments for Rent in Sherwood, MD from $500 (10 Rentals)

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

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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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.

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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 1 Bed unit found at The Village at Slippery Hill II priced from $585. Leonard's Grove Apartments in the Blackwater Landing neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $845. Here is today’s list of the most affordable Sherwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Village at Slippery Hill IIA1 - One Bedroom Apartment1BR,1BA$585
Leonard's Grove Apartments2 Beds, 1 bath2BR,1BA$845
Bay Forest Senior Apartments1 Bed, 1 bath1BR,1BA$1,034

Best Value Apartments for Rent in Sherwood, MD and Nearby

As of May 25, 2025 the best value apartment in the Sherwood area is the $1.30 price per square foot The Harrington Model at Lakeside Run at Trappe in the starting from $3,495. The second greatest value Sherwood apartment is the The Flora (F) Model at Beechtree Apartments starting at $2,120 with a $1.79 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.
Lakeside Run at TrappeThe Harrington3BR,3BA$1.30
Beechtree ApartmentsThe Flora (F)2BR,2BA$1.79
Burnt Oaks2 Bedroom 2 Bath2BR,2BA$1.91
Annapolis Roads2BR 2BA2BR,2BA$2.00
The Woods of MarltonTHE MAPLE (2A 2AR)2BR,1BA$1.95
Mulberry Estatestwo bedroom2BR,1BA$1.26
Leonard's Grove Apartments2 Beds, 1 bath2BR,1BA$1.01
The Village at Slippery Hill IIA1 - One Bedroom Apartment1BR,1BA$0.81
Woods Crossing Apartments1x11BR,1BA$2.02
Bay Forest Senior Apartments1 Bed, 1 bath1BR,1BA$1.86

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Sherwood, MD Rentals by Map

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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 Avalon Annapolis listed at $1,970.

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

The lowest price for a Cheap One Bedroom Sherwood Apartment is $585 at The Village at Slippery Hill II.

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 $845 at Leonard's Grove Apartments.

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.

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

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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.