
Cheap Homes for Rent in Sherwood, OR from $1,400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Sherwood.


8312 SW Mohawk St
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.

10030 SW Walnut St

29104 SW Costa Cir W
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.
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 | $2,097 | $1,495 | $2,500 |
| Sherwood 3 Bedroom Homes for Rent | $2,628 | $2,295 | $3,100 |
| Sherwood 4 Bedroom Homes for Rent | $3,130 | $2,800 | $3,695 |
| Sherwood 5 Bedroom Homes for Rent | $3,547 | $3,500 | $3,595 |
Browse Top Homes for Rent in Sherwood
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Sherwood, OR Local Guide
- Sherwood Neighborhoods
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Best Value Apartments for Rent in Sherwood, OR
As of December 21, 2025 the best value apartment in the Sherwood area is the $1.30 price per square foot 16062 SW Red Clover Ln. Model at 16062 SW Red Clover Ln., Unit 16062 SW Red Clover Ln in the in the Sherwood Tualatin North neighborhood starting from $2,600. The second greatest value Sherwood apartment is the 2BR/2.0BA Model at Edgewater Apartments starting at $1,850 with a $1.80 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. |
|---|---|---|---|
| 16062 SW Red Clover Ln., Unit 16062 SW Red Clover Ln | 16062 SW Red Clover Ln. | 3BR,2.5BA | $1.30 |
| Edgewater Apartments | 2BR/2.0BA | 2BR,2BA | $1.80 |
| Sunfield Lakes | 2 Bedroom - Medium | 2BR,2BA | $1.77 |
| Gravens Grove Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.76 |
| Carriage Estate | 2x1 | 2BR,1BA | $1.61 |
| Bull Mountain | 2x2 | 2BR,2BA | $1.93 |
| Oak Tree Apartments | Oak Tree 2 Bedroom/2 Bath | 2BR,2BA | $1.76 |
| Rivercrest Meadows | 2x2 Reno | 2BR,2BA | $1.76 |
| Brightwaters at Redhawk | 2 Bedroom, 1 Bath | 2BR,1BA | $1.84 |
| The Ridge at Bull Mountain | 1 Bedroom 1 Bath | 1BR,1BA | $1.69 |
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 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 Sherwood
What type of rentals are currently available in Sherwood?
There are currently 59 Apartments for Rent in Sherwood, OR with pricing that ranges from $1,274 to $3,335. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood ranging from $1,495 to $3,695.
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 $1,495 to $3,695 with an average monthly rent of $2,850.
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 $1,518 to $2,868, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,295 to $3,100. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,979.
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

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.