
Cheap Homes for Rent in Sherwood, ND from $800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in Sherwood.

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.

1216 6th Ave NE
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.

416 2nd Ave NE
Sherwood, ND Local Guide

How much does it cost to rent a home in Sherwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherwood 2 Bedroom Homes for Rent | $1,695 | $1,695 | $1,695 |
| Sherwood 3 Bedroom Homes for Rent | $1,785 | $825 | $2,395 |
| Sherwood 4 Bedroom Homes for Rent | $2,595 | $2,595 | $2,595 |
Browse Top Homes for Rent in Sherwood
Explore Sherwood
Sherwood, ND Local Guide
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Best Value Apartments for Rent in Sherwood, ND and Nearby
As of April 13, 2026 the best value apartment in the Sherwood area is the $1.13 price per square foot 4 Bedroom Duplex Model at Stanley Town Homes in the starting from $2,200. The second greatest value Sherwood apartment is the 3 Bed / 2 Bath 1356 sq ft 1st Floor Model at Prairie Heights starting at $1,430 with a $1.05 price per square foot in the North Hill 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. |
|---|---|---|---|
| Stanley Town Homes | 4 Bedroom Duplex | 4BR,3.5BA | $1.13 |
| Prairie Heights | 3 Bed / 2 Bath 1356 sq ft 1st Floor | 3BR,2BA | $1.05 |
| Willow Brooke Lodge Apartments | 2 Bed 2 Bath | 1200 sqft | 2BR,2BA | $1.10 |
| Tioga Townhomes | 2 Bed 1 Bath | 2BR,1.5BA | $1.04 |
| Northdale 2820 | Northdale Apartments - Free WiFi and Garage Inc... | 2BR,2BA | $1.12 |
| The Pines on 37th | 2 Bed - Interior | 2BR,2BA | $1.07 |
| South Pointe | Willow | 2BR,2BA | $1.06 |
| Tioga Apartments | C | 2BR,2BA | $1.06 |
| Olson Apartments | 2 Bed /2 Bath | 2BR,2BA | $0.91 |
| Timber Cove Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.17 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Sherwood
What type of rentals are currently available in Sherwood?
There are currently 39 Apartments for Rent in Sherwood, ND with pricing that ranges from $500 to $3,751. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood ranging from $825 to $2,595.
What is the current price range for Rental Homes in Sherwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherwood ranges from $825 to $2,595 with an average monthly rent of $1,760.
How much are larger Three and Four Bedroom Rentals in Sherwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Sherwood range from $613 to $2,464, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $2,395. Four Bedroom Single-Family rentals are also available starting from $2,595 and Four Bedroom Apartments start at $2,200.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.