
Cheap Apartments for Rent in Sherwood, TN from $700 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Sherwood.


Forrest Park Apartments

Hills Chapel Apartments

The Overlook Apartments

Trails of Signal Mountain

Midvale Heights
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.

Borough 33 Apartments

1558 S Spring St

311 E Maple Ave

The Reserve at Mountain Pass

151 York St

Northside Terrace
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

17 Broad

Carden Estates Apartments

Ridgemont at Stringers Ridge

Vista Cameron Harbor

10 North Apartments

Arcadia Creekside

The Flats at Southside Gardens

Willow Grove
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.

Riverwalk at Cameron Harbor

Ascent at Signal Mountain

MAA Windridge

Riverset

310 Spring St

2360 Hamilton Ave

5640 US-41
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

3891 Chattanooga Valley Rd
Sherwood, TN Local Guide

How much does it cost to rent an apartment in Sherwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sherwood Studio Apartments | $1,448 | $915 | $1,850 |
Sherwood 1 Bedroom Apartments | $1,557 | $845 | $3,208 |
Sherwood 2 Bedroom Apartments | $1,943 | $995 | $4,456 |
Sherwood 3 Bedroom Apartments | $2,092 | $1,050 | $4,297 |
Sherwood 4 Bedroom Apartments | $2,104 | $1,805 | $2,599 |
Browse Top Apartments in Sherwood
See all Apartments in SherwoodExplore Sherwood
Sherwood, TN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Sherwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Sherwood, TN is a 1 Bed unit found at Willow Creek Apartment Homes in the The Promenade neighborhood priced from $845. The Overlook Apartments in the Downtown Chattanooga neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here is today’s list of the most affordable Sherwood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Willow Creek Apartment Homes | North Second Floor | 1BR,1BA | $845 |
The Overlook Apartments | Studio | Studio,1BA | $915 |
Hayfield Homes | One Bedroom | 1BR,1BA | $995 |
Borough 33 Apartments | Addison | Studio,1BA | $1,049 |
Forrest Park Apartments | 2 Bed 1 Bath Townhome | 2BR,1BA | $1,049 |
1558 S Spring St | 2 Beds, 1 bath | 2BR,1BA | $1,050 |
Midvale Heights | 1 Bedroom 1 Bathroom B | 1BR,1BA | $1,100 |
Ridgemont at Stringers Ridge | 2X2A | 2BR,2BA | $1,105 |
Trails of Signal Mountain | Coolidge | 1BR,1BA | $1,140 |
17 Broad | A2 | 1BR,1BA | $1,178 |
Best Value Apartments for Rent in Sherwood, TN and Nearby
As of June 10, 2025 the best value apartment in the Sherwood area is the $1.18 price per square foot 2 Bedroom Model at Winchester Place in the starting from $1,300. The second greatest value Sherwood apartment is the The Azalea Model at MAA Windridge starting at $1,258 with a $1.20 price per square foot in the Mountain Creek 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. |
---|---|---|---|
Winchester Place | 2 Bedroom | 2BR,2BA | $1.18 |
MAA Windridge | The Azalea | 1BR,1BA | $1.20 |
Midvale Heights | 1 Bedroom 1 Bathroom B | 1BR,1BA | $1.27 |
Trails of Signal Mountain | Coolidge | 1BR,1BA | $1.34 |
Forrest Park Apartments | 2 Bed 1 Bath Townhome | 2BR,1BA | $1.26 |
Hayfield Homes | One Bedroom | 1BR,1BA | $1.24 |
1558 S Spring St | 2 Beds, 1 bath | 2BR,1BA | $1.38 |
Falcon Crest Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.60 |
17 Broad | A2 | 1BR,1BA | $1.59 |
Willow Creek Apartment Homes | South | 1BR,1BA | $1.44 |
Quick 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.
Pet Friendly LifestyleSherwood, TN
Ranked #47
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sherwood, TN Rentals by Map
See the most popular apartments and homes in Sherwood, TN
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 $915.
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 $1,025 at Willow Creek Apartment Homes.
What is the most affordable Sherwood Three Bedroom Apartment?
The best deal on a cheap Sherwood Three Bedroom Apartment rental is at Willow Creek Apartment Homes and starts from $1,175.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.