Cheap Apartments for Rent in Sherwood, OR from $1,100 (56 Rentals)

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Search the lowest-cost Apartments available for rent right now in Sherwood.

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Cedar Creek Village
1 to 3 Bedroom Apartments

Cedar Creek Village

21798 SW Sherwood BlvdSherwood, OR 97140
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Township Sherwood
2 Bedroom Apartments

Township Sherwood

22210 SW Murdock RdSherwood, OR 97140

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.

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The Alden
$1,377 - $2,103
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$1,377 - $2,103
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1 to 3 Bedroom Apartments Available Now

The Alden

7800 SW Sagert StTualatin, OR 97062
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Rivercrest Meadows
$1,403 - $2,628
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$1,403 - $2,628
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1 to 3 Bedroom Apartments Available Now

Rivercrest Meadows

11865-11865 SW Tualatin RdTualatin, OR 97062
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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.

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Arbor Heights
Rent Specials
$1,422 - $2,615
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$1,422 - $2,615
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1 to 3 Bedroom Apartments Available Now

Arbor Heights

15199 SW Royalty PkyTigard, OR 97224
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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.

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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.

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Woodridge
1 to 3 Bedroom Apartments

Woodridge

11999 SW Tualatin RdTualatin, OR 97062
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Canyon Creek
1 to 3 Bedroom Apartments

Canyon Creek

26310 SW Canyon Creek RdWilsonville, OR 97070
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Kingcity Apartments
1 to 2 Bedroom Apartments

Kingcity Apartments

11773 SW King George DrPortland, OR 97224
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Wellington Estates
2 Bedroom Apartments

Wellington Estates

11545 SW Beef Bend RdTigard, OR 97224
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Domaine at Villebois
Studio to 3 Bedroom Apartments

Domaine at Villebois

28900 SW Villebois DrWilsonville, OR 97070
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From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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Sherwood, OR Local Guide

Cheapest Available Sherwood Apartments for Rent

 

The cheapest available apartment rental in Sherwood, OR is a 1 Bed unit found at Commons at Avalon Park Apartments in the Bella Vista neighborhood priced from $1,299. Chelan Apartments in the Rosewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here is today’s list of the most affordable Sherwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Commons at Avalon Park ApartmentsAvalon1BR,1BA$1,299
Chelan Apartments96111BR,1BA$1,350
The Hudson by Trion LivingHudson South 0x1Studio,1BA$1,369
Canyon Creek1x1 Premium A1BR,1BA$1,370
The Alden1 BEDROOM1BR,1BA$1,377
Kingcity Apartments1 bedroom 1 bath - 6601BR,1BA$1,400
Arbor Heights2 Bed 1 Bath2BR,1BA$1,422
Riverwood Heights ApartmentsWave1BR,1BA$1,425
Maybeck at the Bend ApartmentsOne Bedroom1BR,1BA$1,425
Bull Mountain1x1 L1BR,1BA$1,499

Best Value Apartments for Rent in Sherwood, OR

As of May 08, 2026 the best value apartment in the Sherwood area is the $1.68 price per square foot Plan C2A Model at Tualatin Heights in the in the Rosewood neighborhood starting from $1,902. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Tualatin HeightsPlan C2A3BR,2BA$1.68
The Ridge at Bull Mountain2 Bedroom 1 Bath2BR,1BA$1.47
Sunfield Lakes2 Bedroom - Medium2BR,2BA$1.74
Carriage Estate2x12BR,1BA$1.61
Oak Tree ApartmentsOak Tree 2 Bedroom/2 Bath2BR,2BA$1.87
Oakmont2x2 Upper2BR,2BA$2.05
Rivercrest Meadows2x2 Reno2BR,2BA$2.05
Brightwaters at Redhawk2 Bedroom, 1 Bath2BR,1BA$1.84
Todd Village ApartmentsMt. St. Helens2BR,1BA$1.93
Riverwood Heights ApartmentsWave1BR,1BA$2.04

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!

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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.

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A 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

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Real 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.

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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 $1,299 at Commons at Avalon Park 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 $1,375 at Chelan Apartments.

What is the most affordable Sherwood Three Bedroom Apartment?

The best deal on a cheap Sherwood Three Bedroom Apartment rental is at Tualatin Heights and starts from $1,902.

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.

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

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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.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

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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.

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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.

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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.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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