
Cheap Apartments for Rent near Sherwood, ND from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Sherwood.


South Glen Village

469 Birchwood Hts

Summit Park

Westridge Apartments

Stanley Square

Timber Cove Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Olson Apartments

Paramount at the Bluffs Apartments

Minot Place Apartments

South Pointe

The Commons and Landing at Southgate

Kenwood on 5th Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

The Chateau

Cobblestone Apartments

Tioga Apartments

Stonebridge Villas

Southwood Apartments

Elk Pointe Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Tioga Townhomes

The Wyatt at Northern Lights

Country Meadows Apartment Homes

Prairie Heights

Park Place North

Minot Artspace Community Office

Maverick
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.

707 Eastgate Dr SE

711 Eastgate Dr SE

509 4th St SW
Sherwood, ND Local Guide

How much does it cost to rent an apartment in Sherwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherwood Studio Apartments | $866 | $500 | $1,060 |
| Sherwood 1 Bedroom Apartments | $1,188 | $700 | $2,180 |
| Sherwood 2 Bedroom Apartments | $1,296 | $532 | $2,366 |
| Sherwood 3 Bedroom Apartments | $1,605 | $1,045 | $2,236 |
| Sherwood 4 Bedroom Apartments | $2,163 | $2,060 | $2,266 |
Browse Top Apartments in Sherwood
See all Apartments in SherwoodExplore Sherwood
Sherwood, ND Local Guide
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Cheapest Available Sherwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Sherwood, ND is a Studio unit found at The Parker in the Downtown Minot neighborhood priced from $500. South Glen Village in the Downtown Minot neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $613. Here is today’s list of the most affordable Sherwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Parker | Studio, 1 bath | Studio,1BA | $500 |
| South Glen Village | 3 Bed 2 Bath | 3BR,2BA | $613 |
| Summit Park | 2 Bed / 1 Bath 620 sq ft | 2BR,1BA | $787 |
| Stanley Square | A | 1BR,1BA | $878 |
| Timber Cove Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $900 |
| Olson Apartments | 2 Bed /2 Bath | 2BR,2BA | $925 |
| Paramount at the Bluffs Apartments | 2 Bed 1 Bath | 850 sqft | 2BR,1BA | $971 |
| Dakota Ridge | 2 Bed / 1.5 Bath | 2BR,1BA | $975 |
| Minot Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,015 |
| Tioga Apartments | C | 2BR,2BA | $1,100 |
Best Value Apartments for Rent in Sherwood, ND and Nearby
As of August 19, 2026 the best value apartment in the Sherwood area is the $0.55 price per square foot 3 Bed 2 Bath Model at South Glen Village in the in the Downtown Minot neighborhood starting from $613. The second greatest value Sherwood apartment is the 2 Bed 1 Bath Model at Tioga Townhomes starting at $1,154 with a $1.04 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. |
|---|---|---|---|
| South Glen Village | 3 Bed 2 Bath | 3BR,2BA | $0.55 |
| Tioga Townhomes | 2 Bed 1 Bath | 2BR,1.5BA | $1.04 |
| South Pointe | Willow | 2BR,2BA | $1.08 |
| Tioga Apartments | C | 2BR,2BA | $1.06 |
| Olson Apartments | 2 Bed /2 Bath | 2BR,2BA | $0.91 |
| Paramount at the Bluffs Apartments | 2 Bed 1 Bath | 850 sqft | 2BR,1BA | $1.14 |
| Dakota Ridge | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.22 |
| Timber Cove Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.17 |
| Stanley Square | A | 1BR,1BA | $1.17 |
| Summit Park | 2 Bed / 1 Bath 620 sq ft | 2BR,1BA | $1.27 |
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, ND Rentals by Map
See the most popular apartments and homes in Sherwood, ND
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 $878 at Stanley Square.
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 $787 at Summit Park.
What is the most affordable Sherwood Three Bedroom Apartment?
The best deal on a cheap Sherwood Three Bedroom Apartment rental is at South Glen Village and starts from $613.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

