
Cheap Apartments for Rent in Sherwood, TN from $700 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Sherwood.


Willow Creek Apartment Homes

Arbors at Signal Mountain

Forrest Park Apartments

Hills Chapel Apartments

Apartment Living in Quiet Area within Manchester City Limits

Midvale Heights

Trails of Signal Mountain

Hayfield Homes
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.

Borough 33 Apartments

Carden Estates Apartments

Ridgemont at Stringers Ridge

17 Broad

10 North Apartments

Arcadia Creekside

Ascent at Signal Mountain

Vista Cameron Harbor
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.

Walnut Commons

The Maclellan

Riverwalk at Cameron Harbor

Willow Grove

River Canyon

River Rock

The Linden
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.

1558 S Spring St

Winchester Place

West 6th Apartments

Riverset

Tomorrow Building at Somer Station

310 Spring St

48 Trinity Rd

800-B N Vine St
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.

845 Modena Rd

500 Cumberland Ave

507 E McLean St

1024 Co Rd 318

400 N Diagonal St

596 Myers Rd

146 Church St
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.
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 | $1,281 | $838 | $1,750 |
| Sherwood 1 Bedroom Apartments | $1,426 | $845 | $2,250 |
| Sherwood 2 Bedroom Apartments | $1,772 | $995 | $3,095 |
| Sherwood 3 Bedroom Apartments | $1,641 | $1,099 | $2,599 |
Browse Top Apartments in Sherwood
See all Apartments in SherwoodExplore Sherwood
Sherwood, TN Local Guide
- Nearby Cities
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Cheapest Available Sherwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Sherwood, TN is a Studio unit found at The Overlook Apartments in the St. Elmo neighborhood priced from $838. Willow Creek Apartment Homes in the The Promenade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Sherwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Overlook Apartments | Studio | Studio,1BA | $838 |
| Willow Creek Apartment Homes | North Second Floor | 1BR,1BA | $845 |
| Arbors at Signal Mountain | One Bedroom | 1BR,1BA | $860 |
| Apartment Living in Quiet Area within Manchester City Limits | 1 Bedroom 1 Bath | 1BR,1BA | $925 |
| Hayfield Homes | One Bedroom | 1BR,1BA | $995 |
| Midvale Heights | 1 Bedroom 1 Bathroom B | 1BR,1BA | $999 |
| Borough 33 Apartments | Addison | Studio,2BA | $1,049 |
| Carden Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,075 |
| Ridgemont at Stringers Ridge | 1X1A | 1BR,1BA | $1,080 |
| Forrest Park Apartments | 2 Bed 1 Bath Townhome | 2BR,1BA | $1,099 |
Best Value Apartments for Rent in Sherwood, TN and Nearby
As of January 03, 2026 the best value apartment in the Sherwood area is the $1.06 price per square foot Mckenzie Model at Trails of Signal Mountain in the in the Mountain Creek neighborhood starting from $1,295. The second greatest value Sherwood apartment is the 3bed 2 bath Model at River Chase starting at $1,099 with a $0.90 price per square foot . 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. |
|---|---|---|---|
| Trails of Signal Mountain | Mckenzie | 2BR,1.5BA | $1.06 |
| River Chase | 3bed 2 bath | 3BR,2BA | $0.90 |
| Winchester Place | 2 Bedroom | 2BR,2BA | $1.14 |
| Carden Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.12 |
| Kate's View | 2 Bedroom | 2BR,1BA | $1.28 |
| Arbors at Signal Mountain | One Bedroom | 1BR,1BA | $0.98 |
| Midvale Heights | 1 Bedroom 1 Bathroom B | 1BR,1BA | $1.15 |
| Forrest Park Apartments | 2 Bed 1 Bath Townhome | 2BR,1BA | $1.32 |
| Hayfield Homes | One Bedroom | 1BR,1BA | $1.24 |
| Willow Creek Apartment Homes | South | 1BR,1BA | $1.29 |
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.
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 ArticleCash 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.
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.
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 $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 $1,015 at Arbors at Signal Mountain.
What is the most affordable Sherwood Three Bedroom Apartment?
The best deal on a cheap Sherwood Three Bedroom Apartment rental is at River Chase and starts from $1,099.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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!






