
Cheap Apartments for Rent in Sherwood, ND from $500 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Sherwood.


South Glen Village

Summit Park

Park Place North

469 Birchwood Hts

Westridge Apartments

Paramount at the Bluffs Apartments

Tioga 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.

Timber Cove Apartments

The Chateau

The Pines on 37th

Minot Place Apartments

Meadow Ridge Apartments

Cobblestone Apartments
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.

Encore Apartments

South Pointe

Northern Plains Apartments

The Wyatt at Northern Lights

Elk Pointe Apartments

Tioga Townhomes

Country Meadows Apartment Homes

Southwood 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.

Northdale 2820

Stanley Square

Prairie Heights

Stonebridge Villas

Stonebridge Villas

North Highlands Apartments and Villas

Beaver Ridge Apartments - Walking distance to Minot State University Campus!

The Plaza
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 Commons and Landing at Southgate

Minot Artspace Community Office

509 4th St SW

Maverick

4010 Main St S

1216 6th Ave NE

1015 27th St SE

1620 20th Ave NW
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.

5119 US-83
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 | $942 | $500 | $1,748 |
| Sherwood 1 Bedroom Apartments | $1,127 | $700 | $1,787 |
| Sherwood 2 Bedroom Apartments | $1,197 | $532 | $2,273 |
| Sherwood 3 Bedroom Apartments | $1,465 | $850 | $2,269 |
| Sherwood 4 Bedroom Apartments | $2,220 | $2,200 | $2,280 |
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. Summit Park in the Downtown Minot neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $555. 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 |
| Summit Park | Efficiency 240 sq ft | Studio,1BA | $555 |
| South Glen Village | 3 Bed 2 Bath | 3BR,2BA | $613 |
| Park Place North | 2 Bedroom | 2BR,1BA | $750 |
| Westridge Apartments | 2 Bed / 1 Bath Remodeled | 2BR,1BA | $805 |
| Timber Cove Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $900 |
| Olson Apartments | 2 Bed /2 Bath | 2BR,2BA | $925 |
| Tioga Apartments | C | 2BR,2BA | $1,100 |
| The Wyatt at Northern Lights | Aurora | 1BR,1BA | $1,145 |
| Tioga Townhomes | 2 Bed 1 Bath | 2BR,1BA | $1,154 |
Best Value Apartments for Rent in Sherwood, ND and Nearby
As of May 20, 2026 the best value apartment in the Sherwood area is the $1.08 price per square foot 3 Bedroom Duplex Model at Stanley Town Homes in the starting from $2,060. The second greatest value Sherwood apartment is the D Model at Stanley Square starting at $1,198 with a $0.92 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. |
|---|---|---|---|
| Stanley Town Homes | 3 Bedroom Duplex | 3BR,2.5BA | $1.08 |
| Stanley Square | D | 3BR,2BA | $0.92 |
| Minot Place Apartments | 3 Bed 2 Bath | 3BR,2BA | $1.19 |
| South Glen Village | 3 Bed 2 Bath | 3BR,2BA | $0.55 |
| Tioga Townhomes | 2 Bed 1 Bath | 2BR,1.5BA | $1.04 |
| Northern Plains Apartments | 2 Bed / 2 Bath 1050 sq ft 2nd/3rd Floor | 2BR,2BA | $1.12 |
| Tioga Apartments | C | 2BR,2BA | $1.06 |
| Olson Apartments | 2 Bed /2 Bath | 2BR,2BA | $0.91 |
| Westridge Apartments | 2 Bed / 1 Bath Remodeled | 2BR,1BA | $0.95 |
| Timber Cove Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.17 |
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 $755 at Summit Park.
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 $750 at Park Place North.
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

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.

