
Cheap Apartments for Rent in Sherwood, OR from $1,100 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in Sherwood.


Sunfield Lakes

22802 SW Forest Creek Dr

Cedar Creek Village

Township Sherwood

23051 SW Main St

Oregon Street Townhomes

22862 SW Forest Creek Dr

17716 SW Heatherwood Ln

13747 SW Silent Fox Terrace
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.

Todd Village Apartments

The Hudson by Trion Living

Oak Tree Apartments

Brightwaters at Redhawk

Chelan Apartments

Total Monthly Price
The Alden

Total Monthly Price
Arbor Heights

Total Monthly Price
Rivercrest Meadows

Total Monthly Price
Arya at Hedges Creek

ReNew West Tualatin
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.

Axiom Apartments

Carriage Estate

Arazo

Commons at Avalon Park Apartments

Riverwood Heights Apartments

Oakmont

River Lofts Apartments

Total Monthly Price
Pacific Ridge Apartments

Annand Hill

Bull Mountain
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.

The Ridge at Bull Mountain

Wilsonville Summit Apartments

Terrene at the Grove

River Ridge Apartments

Edgewater Luxury Apartments

Tualatin Heights

The Miles at South Cooper Mountain

Woodridge

Kingcity Apartments

Atwater 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.

Maybeck at the Bend Apartments

Tualatin Woods Townhomes

Canyon Creek

Wellington Estates

Domaine at Villebois

Gravens Grove Apartments

Woodspring Apartments

17149 SW Snowdale St

London Pointe Apartments

7060 SW Montauk Cir
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.
Sherwood, OR Local Guide

How much does it cost to rent an apartment in Sherwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Sherwood Studio Apartments | $1,474 | $1,240 | $1,549 |
| Cheap Sherwood 1 Bedroom Apartments | $1,847 | $1,350 | $4,055 |
| Cheap Sherwood 2 Bedroom Apartments | $2,035 | $1,448 | $4,545 |
| Cheap Sherwood 3 Bedroom Apartments | $2,348 | $1,696 | $3,389 |
| Cheap Sherwood 4 Bedroom Apartments | $3,682 | $3,531 | $3,771 |
Browse Top Apartments in Sherwood
See all Apartments in SherwoodExplore Sherwood
Sherwood, OR Local Guide
- Sherwood Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Sherwood Apartments for Rent
 The cheapest available apartment rental in Sherwood, OR is a 1 Bed unit found at Kingcity Apartments in the Bella Vista neighborhood priced from $1,175. Todd Village Apartments in the Rosewood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,240. Here is today’s list of the most affordable Sherwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kingcity Apartments | 1 bedroom 1 bath - 758 | 1BR,1BA | $1,175 |
| Todd Village Apartments | Mt. Baker | Studio,1BA | $1,240 |
| The Hudson by Trion Living | Hudson South 0x1 | Studio,1BA | $1,258 |
| Maybeck at the Bend Apartments | One Bedroom | 1BR,1BA | $1,349 |
| Arbor Heights | 1 Bed 1 Bath | 1BR,1BA | $1,404 |
| The Alden | 2 BEDROOM | 2BR,1BA | $1,448 |
| Domaine at Villebois | S1 | Studio,1BA | $1,472 |
| Carriage Estate | 2x1 | 2BR,1BA | $1,495 |
| Commons at Avalon Park Apartments | Multnomah | 2BR,2BA | $1,499 |
| Chelan Apartments | 9621 | 2BR,1BA | $1,500 |
Best Value Apartments for Rent in Sherwood, OR
As of June 22, 2026 the best value apartment in the Sherwood area is the $1.77 price per square foot Plan C2A Model at Tualatin Heights in the in the Rosewood neighborhood starting from $1,998. The second greatest value Sherwood apartment is the 2 Bedroom 1 Bath Model at The Ridge at Bull Mountain starting at $1,614 with a $1.47 price per square foot in the Bella Vista 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. |
|---|---|---|---|
| Tualatin Heights | Plan C2A | 3BR,2BA | $1.77 |
| The Ridge at Bull Mountain | 2 Bedroom 1 Bath | 2BR,1BA | $1.47 |
| Edgewater Luxury Apartments | 2BR/2.0BA | 2BR,2BA | $1.90 |
| Sunfield Lakes | 2 Bedroom - Medium | 2BR,2BA | $1.82 |
| Carriage Estate | 2x1 | 2BR,1BA | $1.51 |
| Bull Mountain | 2x2 | 2BR,2BA | $1.88 |
| Oak Tree Apartments | Oak Tree 2 Bedroom/2 Bath | 2BR,2BA | $1.87 |
| Commons at Avalon Park Apartments | Boardwalk | 2BR,2BA | $1.74 |
| Rivercrest Meadows | 2x2 | 2BR,2BA | $1.89 |
| Brightwaters at Redhawk | 2 Bedroom, 1 Bath | 2BR,1BA | $1.84 |
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
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 ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
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.
Best Local Schools in Sherwood, OR
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sherwood, OR Rentals by Map
See the most popular apartments and homes in Sherwood, OR
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 Todd Village Apartments listed at $1,240.
How much is rent for a Cheap One Bedroom Sherwood Apartment?
The lowest price for a Cheap One Bedroom Sherwood Apartment is $1,175 at Kingcity Apartments.
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 $1,448 at The Alden.
What is the most affordable Sherwood Three Bedroom Apartment?
The best deal on a cheap Sherwood Three Bedroom Apartment rental is at Maybeck at the Bend Apartments and starts from $1,949.
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.
Helpful Local Expert Guides

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
Written by: Chad Deitchley
Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.