Cheap Apartments for Rent in Sherwood, TN from $600 (35 Rentals)

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

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Midvale Heights
$950 - $1,648
Total Monthly Price

Total Monthly Price

Base Rent
$855 - $1,553
Required Monthly Fees
$95

Total Monthly Price
$950 - $1,648
1 to 3 Bedroom Apartments Available Now

Midvale Heights

300 W Midvale AveChattanooga, TN 37405
Affordability
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Ridgemont at Stringers Ridge
Rent Specials
$1,000 - $1,753
Total Monthly Price

Total Monthly Price

Base Rent
$978 - $1,731
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Ridgemont at Stringers Ridge

20 Mason DrChattanooga, TN 37415
Corporate Housing
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10 North Apartments
$1,095 - $1,899
Total Monthly Price

Total Monthly Price

Base Rent
$1,054 - $1,858
Required Monthly Fees
$41

Total Monthly Price
$1,095 - $1,899
Studio to 2 Bedroom Apartments Available Now

10 North Apartments

20 Cherokee BlvdChattanooga, TN 37405
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Borough 33 Apartments
$1,109 - $2,699
Total Monthly Price

Total Monthly Price

Base Rent
$1,084 - $2,674
Required Monthly Fees
$25

Total Monthly Price
$1,109 - $2,699
Studio to 2 Bedroom Apartments Available Now

Borough 33 Apartments

1133 Bexley SqChattanooga, TN 37410
Eco-Friendly
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property at 310 Spring St

$675 - $795

1 To 2 Bedroom Rentals

Available Now

310 Spring St

MonteagleTN37356
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Carden Estates Apartments
1 to 2 Bedroom Apartments

Carden Estates Apartments

1700 Summer StManchester, TN 37355
Corporate Housing
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Willow Grove
2 Bedroom Apartments

Willow Grove

1316-1346 Willow DrManchester, TN 37355

Sherwood, TN Local Guide

Cheapest Available Sherwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sherwood, TN is a 3 Beds unit found at The Reserve at Mountain Pass in the East Lake neighborhood priced from $648. Bridgeport Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable Sherwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserve at Mountain Pass3 Bedroom Two Bathroom3BR,2BA$648
Bridgeport Apartments2BR/1.0BA2BR,1BA$800
The Overlook ApartmentsStudioStudio,1BA$838
Willow Creek Apartment HomesNorth Second Floor1BR,1BA$845
Manchester Arbors1 Bedroom 1 Bath1BR,1BA$925
1558 S Spring St2 Beds, 1 bath2BR,1BA$950
Midvale Heights1 Bedroom 1 Bathroom A1BR,1BA$950
Hayfield HomesOne Bedroom1BR,1BA$995
Ridgemont at Stringers Ridge1X1A1BR,1BA$1,000
Ascent at Signal Mountain1 bed 1 bath1BR,1BA$1,060

Best Value Apartments for Rent in Sherwood, TN and Nearby

As of April 07, 2026 the best value apartment in the Sherwood area is the $0.90 price per square foot 3bed 2 bath Model at River Chase in the starting from $1,099. The second greatest value Sherwood apartment is the 2 Bedroom Model at Winchester Place starting at $1,250 with a $1.14 price per square foot . 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.
River Chase3bed 2 bath3BR,2BA$0.90
Winchester Place2 Bedroom2BR,2BA$1.14
The Reserve at Mountain Pass2 Bedroom Two Bathroom2BR,2BA$1.11
Trails of Signal MountainHunter2BR,1BA$1.17
1558 S Spring St2 Beds, 1 bath2BR,1BA$0.98
Carden Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.12
Hayfield HomesTwo Bedroom2BR,2BA$1.26
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1.15
Bridgeport Apartments2BR/1.0BA2BR,1BA$0.94
Willow Creek Apartment HomesNorth Second Floor1BR,1BA$1.26

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 The Overlook Apartments listed at $838.

How much is rent for a Cheap One Bedroom Sherwood Apartment?

The lowest price for a Cheap One Bedroom Sherwood Apartment is $845 at Willow Creek Apartment Homes.

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 $800 at Bridgeport Apartments.

What is the most affordable Sherwood Three Bedroom Apartment?

The best deal on a cheap Sherwood Three Bedroom Apartment rental is at The Reserve at Mountain Pass and starts from $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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.

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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.

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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.