
Cheap Apartments for Rent near Sherwood, TN from $800 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Sherwood.


The Overlook Apartments

Willow Creek Apartment Homes

Total Monthly Price
Hills Chapel Apartments

Manchester Arbors Apartments

1558 S Spring St

Trails of Signal Mountain

Total Monthly Price
Hayfield Homes

River Chase
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

151 York St

Ascent at Signal Mountain

10 North Apartments

Forrest Park Apartments

The Maclellan

Arcadia Creekside

Total Monthly Price
Ridgemont at Stringers Ridge

Northside Terrace

Kate's View
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Borough 33 Apartments

Flats at Southside Gardens

17 Broad

Riverset

West 6th Apartments

Falcon Crest Apartments

The Reserve at Mountain Pass

Riverwalk at Cameron Harbor

MAA Windridge
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Walnut Commons

Tomorrow Building at Somer Station

Vista Cameron Harbor

River Rock

City Green at Northshore

Winchester Place

250 Horn Ln

The Linden

River Canyon
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

5247 Griffin Rd

Arbors at Signal Mountain

Midvale Heights

35 County Farm Rd

132 Edgewood St

14 Hemlock Cir

Carden Estates Apartments

Willow Grove

518 W Taylor St
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.

12 Swiss Dr

53 Haley Dr
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 | $1,299 | $838 | $1,822 |
| Sherwood 1 Bedroom Apartments | $1,436 | $845 | $2,245 |
| Sherwood 2 Bedroom Apartments | $1,786 | $800 | $3,270 |
| Sherwood 3 Bedroom Apartments | $1,740 | $999 | $3,599 |
| Sherwood 4 Bedroom Apartments | $2,699 | $2,699 | $2,699 |
Browse Top Apartments in Sherwood
See all Apartments in SherwoodExplore Sherwood
Sherwood, TN Local Guide
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Cheapest Available Sherwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Sherwood, TN is a 2 Beds unit found at Bridgeport Apartments priced from $800. Willow Creek Apartment Homes in the The Promenade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Sherwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bridgeport Apartments | 2BR/1.0BA | 2BR,1BA | $800 |
| Willow Creek Apartment Homes | South | 1BR,1BA | $850 |
| The Overlook Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $890 |
| Manchester Arbors Apartments | Find Your New Home Today at Manchester Arbor Ap... | 1BR,1BA | $925 |
| Midvale Heights | 1 Bedroom 1 Bathroom A | 1BR,1BA | $950 |
| 1558 S Spring St | 2 Beds, 1 bath | 2BR,1BA | $950 |
| Hills Chapel Apartments | Two bedroom | 2BR,1BA | $995 |
| Hayfield Homes | One Bedroom | 1BR,1BA | $995 |
| River Chase | 3bed 2 bath | 3BR,2BA | $999 |
| Forrest Park Apartments | 2 Bed 1 Bath Townhome | 2BR,1BA | $1,099 |
Best Value Apartments for Rent in Sherwood, TN and Nearby
As of August 25, 2026 the best value apartment in the Sherwood area is the $1.10 price per square foot The Sycamore Model at MAA Windridge in the in the Mountain Creek neighborhood starting from $2,138. The second greatest value Sherwood apartment is the 3 bed 2.5 bath Townhome Model at Ascent at Signal Mountain starting at $1,699 with a $1.26 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. |
|---|---|---|---|
| MAA Windridge | The Sycamore | 3BR,2BA | $1.10 |
| Ascent at Signal Mountain | 3 bed 2.5 bath Townhome | 3BR,2.5BA | $1.26 |
| Trails of Signal Mountain | Mckenzie | 2BR,1.5BA | $1.06 |
| River Chase | 3bed 2 bath | 3BR,2BA | $0.82 |
| Winchester Place | 2 Bedroom | 2BR,2BA | $1.23 |
| 1558 S Spring St | 2 Beds, 1 bath | 2BR,1BA | $0.98 |
| Hayfield Homes | Two Bedroom | 2BR,2BA | $1.26 |
| Kate's View | 2 Bedroom | 2BR,1BA | $1.28 |
| Midvale Heights | 1 Bedroom 1 Bathroom B | 1BR,1BA | $1.15 |
| Bridgeport Apartments | 2BR/1.0BA | 2BR,1BA | $0.94 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 Maclellan listed at $1,110.
How much is rent for a Cheap One Bedroom Sherwood Apartment?
The lowest price for a Cheap One Bedroom Sherwood Apartment is $850 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 River Chase and starts from $999.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.