
Cheap Homes for Rent in Sherwood, OR from $1,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Sherwood.


23051 SW Main St

6951 SW Montauk Cir
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.

10030 SW Walnut St

22862 SW Forest Creek Dr

22331 SW Marshall St
Rent According to Income: A Look at Income-Restricted Rentals
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Sherwood, OR 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 | $2,390 | $1,650 | $4,250 |
| Sherwood 3 Bedroom Homes for Rent | $3,324 | $2,570 | $7,500 |
| Sherwood 4 Bedroom Homes for Rent | $3,747 | $2,999 | $8,250 |
| Sherwood 5 Bedroom Homes for Rent | $3,635 | $3,495 | $3,845 |
Browse Top Homes for Rent in Sherwood
Explore Sherwood
Sherwood, OR Local Guide
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Cheapest Available Sherwood Apartments for Rent
 The cheapest available apartment rental in Sherwood, OR is a Studio unit found at The Hudson by Trion Living in the Bella Vista neighborhood priced from $1,197. Todd Village Apartments in the Rosewood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,215. Here is today’s list of the most affordable Sherwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hudson by Trion Living | Hudson South 0x1 | Studio,1BA | $1,197 |
| Todd Village Apartments | Mt. Bachelor | Studio,1BA | $1,215 |
| Canyon Creek | 2x1.5 Premium B | 2BR,1BA | $1,310 |
Best Value Apartments for Rent in Sherwood, OR
As of July 25, 2026 the best value apartment in the Sherwood area is the $1.47 price per square foot 2 Bedroom 1 Bath Model at The Ridge at Bull Mountain in the in the Bella Vista neighborhood starting from $1,614. The second greatest value Sherwood apartment is the 2 Bedroom - Medium Model at Sunfield Lakes starting at $1,965 with a $1.92 price per square foot in the Sherwood Tualatin North 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. |
|---|---|---|---|
| The Ridge at Bull Mountain | 2 Bedroom 1 Bath | 2BR,1BA | $1.47 |
| Sunfield Lakes | 2 Bedroom - Medium | 2BR,2BA | $1.92 |
| Maybeck at the Bend Apartments | Three Bedroom | 3BR,2BA | $1.88 |
| Bull Mountain | 2x2 | 2BR,2BA | $1.93 |
| Tualatin Heights | Plan B2B - Flat | 2BR,2BA | $1.80 |
| Oak Tree Apartments | Oak Tree 2 Bedroom/2 Bath | 2BR,2BA | $1.87 |
| Rivercrest Meadows | 2x2 Reno | 2BR,2BA | $1.79 |
| ReNew West Tualatin | Saum | 2BR,1BA | $1.98 |
| Brightwaters at Redhawk | 2 Bedroom, 1 Bath | 2BR,1BA | $1.84 |
| Commons at Avalon Park Apartments | Multnomah | 2BR,2BA | $1.85 |
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 Sherwood
What type of rentals are currently available in Sherwood?
There are currently 75 Apartments for Rent in Sherwood, OR with pricing that ranges from $1,197 to $5,355. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood ranging from $1,599 to $8,250.
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 $1,599 to $8,250 with an average monthly rent of $3,032.
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 $1,675 to $3,512, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,570 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,999 and Four Bedroom Apartments start at $3,579.
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

From Arts to Eats: A Local Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.