
Cheap Apartments for Rent in Sherwood, OR from $1,100 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Sherwood.


22923 SW Pine St

Todd Village Apartments

Altura Apartments

Rivercrest Meadows

Arbor Heights

The Hudson by Trion Living
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.

Oak Tree Apartments

The Ridge at Bull Mountain

The Alden

Chelan Apartments

ReNew West Tualatin

Brightwaters at Redhawk

Riverwood Heights 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.

Oakmont

Arya at Hedges Creek

Arazo

Bull Mountain

Woodridge

Tualatin Woods Townhomes

Canyon Creek
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.
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 | $1,396 | $1,125 | $1,677 |
| Cheap Sherwood 1 Bedroom Apartments | $1,565 | $1,260 | $2,091 |
| Cheap Sherwood 2 Bedroom Apartments | $1,829 | $1,365 | $2,505 |
| Cheap Sherwood 3 Bedroom Apartments | $2,162 | $1,610 | $2,779 |
| Cheap Sherwood 4 Bedroom Apartments | $3,096 | $2,899 | $3,205 |
Browse Top Apartments in Sherwood
See all Apartments in SherwoodExplore Sherwood
Sherwood, OR Local Guide
- Sherwood Neighborhoods
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Cheapest Available Sherwood Apartments for Rent
 The cheapest available apartment rental in Sherwood, OR is a Studio unit found at Todd Village Apartments in the Rosewood neighborhood priced from $1,115. The Hudson by Trion Living in the Bella Vista neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,322. Here is today’s list of the most affordable Sherwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Todd Village Apartments | Mt. Baker | Studio,1BA | $1,115 |
| The Hudson by Trion Living | Hudson South 0x1 | Studio,1BA | $1,322 |
| Arbor Heights | 1 Bed 1 Bath | 1BR,1BA | $1,322 |
| The Ridge at Bull Mountain | 1 Bedroom 1 Bath | 1BR,1BA | $1,348 |
| ReNew West Tualatin | Nyberg | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Sherwood, OR
As of January 27, 2026 the best value apartment in the Sherwood area is the $1.80 price per square foot 2BR/2.0BA Model at Edgewater Apartments in the in the Bella Vista neighborhood starting from $1,850. The second greatest value Sherwood apartment is the Plan B2B - Flat Model at Tualatin Heights starting at $1,893 with a $1.92 price per square foot in the Rosewood 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. |
|---|---|---|---|
| Edgewater Apartments | 2BR/2.0BA | 2BR,2BA | $1.80 |
| Tualatin Heights | Plan B2B - Flat | 2BR,2BA | $1.92 |
| River Lofts Apartments | 2 Bedroom & 1 Bath | 2BR,1BA | $1.95 |
| ReNew West Tualatin | Saum | 2BR,1BA | $1.85 |
| Brightwaters at Redhawk | 2 Bedroom, 1 Bath | 2BR,1BA | $1.78 |
| Domaine at Villebois | A5 | 1BR,1BA | $1.92 |
| The Ridge at Bull Mountain | 1 Bedroom 1 Bath | 1BR,1BA | $1.69 |
| Oakmont | 1x1 Lower | 1BR,1BA | $1.90 |
| Oak Tree Apartments | OT2 1 Bedroom | 1BR,1BA | $1.93 |
| Arbor Heights | 1 Bed 1 Bath | 1BR,1BA | $2.00 |
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 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 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 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 $1,115.
How much is rent for a Cheap One Bedroom Sherwood Apartment?
The lowest price for a Cheap One Bedroom Sherwood Apartment is $1,322 at Arbor Heights.
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 $1,365 at Todd Village Apartments.
What is the most affordable Sherwood Three Bedroom Apartment?
The best deal on a cheap Sherwood Three Bedroom Apartment rental is at The Alden and starts from $1,648.
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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.