
Cheap Homes for Rent in Sherwood, OR from $1,600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Sherwood.


10030 SW Walnut St

15796 SW Willamette St
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.

19684 SW 68th Ave

11044 SW Greenburg Rd

22802 SW Forest Creek Dr
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.
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 | $2,262 | $1,700 | $4,250 |
| Sherwood 3 Bedroom Homes for Rent | $3,107 | $2,275 | $7,000 |
| Sherwood 4 Bedroom Homes for Rent | $3,856 | $2,695 | $6,800 |
| Sherwood 5 Bedroom Homes for Rent | $4,172 | $3,845 | $4,500 |
Browse Top Homes for Rent in Sherwood
Explore 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 Studio unit found at Todd Village Apartments in the Rosewood neighborhood priced from $1,250. The Alden in the Rosewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,343. 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 | $1,250 |
| The Alden | 1 BEDROOM | 1BR,1BA | $1,343 |
| Maybeck at the Bend Apartments | One Bedroom | 1BR,1BA | $1,349 |
Best Value Apartments for Rent in Sherwood, OR
As of June 10, 2026 the best value apartment in the Sherwood area is the $1.82 price per square foot Plan C2A Model at Tualatin Heights in the in the Rosewood neighborhood starting from $2,058. 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 | $1.82 |
| The Ridge at Bull Mountain | 2 Bedroom 1 Bath | 2BR,1BA | $1.47 |
| Edgewater Luxury Apartments | 2BR/2.0BA | 2BR,2BA | $1.90 |
| Carriage Estates | 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 | $1.80 |
| Riverwood Heights Apartments | Anchor | 2BR,2BA | $1.90 |
| ReNew West Tualatin | Saum | 2BR,1BA | $1.91 |
| 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 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 $1,250 to $4,055. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood ranging from $1,700 to $7,000.
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 $1,700 to $7,000 with an average monthly rent of $3,148.
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 $1,701 to $3,212, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,275 to $7,000. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $2,800.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.