Cheap Apartments for Rent near Sherwood, TN from $800 (42 Rentals)

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

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.

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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.

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Cash 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.

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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.

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Midvale Heights
1 to 3 Bedroom Apartments

Midvale Heights

300 W Midvale AveChattanooga, TN 37405
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Carden Estates Apartments
1 to 2 Bedroom Apartments

Carden Estates Apartments

1700 Summer StManchester, TN 37355
Corporate Housing
  • Utilities Included
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Willow Grove
2 Bedroom Apartments

Willow Grove

1316-1346 Willow DrManchester, TN 37355

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.

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53 Haley Dr
Studio to 2 Bedroom Apartments

53 Haley Dr

53 Haley DrManchester, TN 37355
Furnished
  • Utilities Included
Showing Results 1-42, Page 1 of 1

Sherwood, TN Local Guide

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 ListingModel NameBed/BathPriced From
Bridgeport Apartments2BR/1.0BA2BR,1BA$800
Willow Creek Apartment HomesSouth1BR,1BA$850
The Overlook Apartments1 Bedroom 1 Bathroom1BR,1BA$890
River Chase3bed 2 bath3BR,2BA$949
1558 S Spring St2 Beds, 1 bath2BR,1BA$950
Midvale Heights1 Bedroom 1 Bathroom A1BR,1BA$950
Trails of Signal MountainMajesticStudio,1BA$955
Hayfield HomesOne Bedroom1BR,1BA$995
Carden Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,075
Forrest Park Apartments2 Bed 1 Bath Townhome2BR,1BA$1,099

Best Value Apartments for Rent in Sherwood, TN and Nearby

As of July 10, 2026 the best value apartment in the Sherwood area is the $0.78 price per square foot 3bed 2 bath Model at River Chase in the starting from $949. The second greatest value Sherwood apartment is the 2 Bedroom Model at Winchester Place starting at $1,250 with a $1.14 price per square foot . 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.
River Chase3bed 2 bath3BR,2BA$0.78
Winchester Place2 Bedroom2BR,2BA$1.14
MAA WindridgeThe Azalea1BR,1BA$1.15
Ascent at Signal Mountain2 bed 2 bath2BR,2BA$1.31
1558 S Spring St2 Beds, 1 bath2BR,1BA$0.98
Hayfield HomesTwo Bedroom2BR,2BA$1.26
Kate's View2 Bedroom2BR,1BA$1.28
Bridgeport Apartments2BR/1.0BA2BR,1BA$0.94
Midvale Heights1 Bedroom 1 Bathroom A1BR,1BA$1.12
Forrest Park Apartments2 Bed 1 Bath Townhome2BR,1BA$1.32

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.

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Real 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.

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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.

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

Explore Sherwood, TN Rentals by Map

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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 Trails of Signal Mountain listed at $955.

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 $949.

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

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.