Cheap Apartments for Rent in Sherwood, TN from $700 (47 Rentals)

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

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property at 310 Spring St

310 Spring St

MonteagleTN37356

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53 Haley Dr
Studio to 2 Bedroom Apartments

53 Haley Dr

53 Haley DrManchester, TN 37355
Furnished
  • Utilities Included
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Sherwood, TN Local Guide

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 St. Elmo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $951. Here is today’s list of the most affordable Sherwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow Creek Apartment HomesNorth Second Floor1BR,1BA$845
The Overlook ApartmentsStudioStudio,1BA$951
Hayfield HomesOne Bedroom1BR,1BA$995
1558 S Spring St2 Beds, 1 bath2BR,1BA$1,050
17 BroadRubyStudio,1BA$1,058
Ridgemont at Stringers Ridge1X1B1BR,1BA$1,090
Ascent at Signal Mountain1 bed 1 bath1BR,1BA$1,099
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1,100
Tomorrow Building at Somer Station Somer Station - Third FloorStudio,1BA$1,100
Arcadia CreeksideMeadowood1BR,1BA$1,149

Best Value Apartments for Rent in Sherwood, TN and Nearby

As of August 04, 2025 the best value apartment in the Sherwood area is the $1.40 price per square foot Brand NEW Townhome Model at Legacy Townhomes in the starting from $1,900. The second greatest value Sherwood apartment is the Mckenzie Model at Trails of Signal Mountain starting at $1,335 with a $1.09 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Legacy TownhomesBrand NEW Townhome3BR,2.5BA$1.40
Trails of Signal MountainMckenzie2BR,1.5BA$1.09
Winchester Place2 Bedroom2BR,2BA$1.18
Kate's View2 Bedroom2BR,1BA$1.28
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1.27
Hayfield HomesOne Bedroom1BR,1BA$1.24
1558 S Spring St2 Beds, 1 bath2BR,1BA$1.38
Falcon Crest Apartments2 Bed 1 Bath2BR,1BA$1.60
Ridgemont at Stringers Ridge1X1A1BR,1BA$1.56
Willow Creek Apartment HomesSouth1BR,1BA$1.29

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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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Pet Friendly Lifestyle
Sherwood, TN

Ranked #83

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Sherwood, TN Rentals by Map

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See the most popular apartments and homes in Sherwood, TN

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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 $951.

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 $1,125.

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.