Cheap Apartments for Rent in Sherwood, TN from $700 (44 Rentals)

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

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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property at 35 County Farm Rd

35 County Farm Rd

ManchesterTN37355
property at 203 4th St

203 4th 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

Sherwood, TN Local Guide

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 ListingModel NameBed/BathPriced From
The Overlook ApartmentsStudioStudio,1BA$838
Willow Creek Apartment HomesNorth Second Floor1BR,1BA$845
Apartment Living in Quiet Area within Manchester1 Bedroom 1 Bath - Downstairs (Leasing Office B...1BR,1BA$899
Hayfield HomesOne Bedroom1BR,1BA$995
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$999
Arcadia CreeksideMeadowood1BR,1BA$999
1558 S Spring St2 Beds, 1 bath2BR,1BA$1,050
Arbors at Signal MountainTwo Bedroom2BR,2BA$1,080
Tomorrow Building at Somer Station Somer Station - Third FloorStudio,1BA$1,100
Borough 33 ApartmentsBarrington1BR,1BA$1,109

Best Value Apartments for Rent in Sherwood, TN and Nearby

As of September 19, 2025 the best value apartment in the Sherwood area is the $1.00 price per square foot 3 Bedroom Two Bathroom Model at The Reserve at Mountain Pass in the in the East Lake neighborhood starting from $1,261. The second greatest value Sherwood apartment is the Mckenzie Model at Trails of Signal Mountain starting at $1,224 with a $1.00 price per square foot in the Spring Valley 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.
The Reserve at Mountain Pass3 Bedroom Two Bathroom3BR,2BA$1.00
Trails of Signal MountainMckenzie2BR,1.5BA$1.00
Arbors at Signal MountainTwo Bedroom2BR,2BA$0.95
Winchester Place2 Bedroom2BR,2BA$1.18
MAA WindridgeThe Azalea1BR,1BA$1.24
Kate's View2 Bedroom2BR,1BA$1.28
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1.15
Hayfield HomesOne Bedroom1BR,1BA$1.24
1558 S Spring St2 Beds, 1 bath2BR,1BA$1.38
Willow Creek Apartment HomesSouth1BR,1BA$1.29

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Pet Friendly Lifestyle
Sherwood, TN

Ranked #96

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!

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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 $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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.