
Cheap Homes for Rent near Sherwood, TN from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Sherwood.


2360 Hamilton Ave

413 W High St

151 York St

144 Burch Ave
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.

14 Hemlock Cir

518 W Taylor St

848 Kentucky Ave

12 Swiss Dr

605 N Main St
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.
Sherwood, TN Local Guide

How much does it cost to rent a home in Sherwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherwood 2 Bedroom Homes for Rent | $1,392 | $1,095 | $1,725 |
| Sherwood 3 Bedroom Homes for Rent | $1,751 | $949 | $2,625 |
| Sherwood 4 Bedroom Homes for Rent | $1,724 | $1,450 | $1,850 |
| Sherwood 5 Bedroom Homes for Rent | $2,025 | $2,025 | $2,025 |
Browse Top Homes for Rent in Sherwood
Explore Sherwood
Sherwood, TN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 |
Best Value Apartments for Rent in Sherwood, TN and Nearby
As of August 04, 2026 the best value apartment in the Sherwood area is the $0.82 price per square foot Finley Model at Trails of Signal Mountain in the in the Mountain Creek neighborhood starting from $1,149. The second greatest value Sherwood apartment is the 3bed 2 bath Model at River Chase starting at $949 with a $0.78 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 | Finley | 2BR,2BA | $0.82 |
| River Chase | 3bed 2 bath | 3BR,2BA | $0.78 |
| Winchester Place | 2 Bedroom | 2BR,2BA | $1.23 |
| MAA Windridge | The Azalea | 1BR,1BA | $1.14 |
| Ascent at Signal Mountain | 2 bed 2 bath | 2BR,2BA | $1.29 |
| 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 Sherwood
What type of rentals are currently available in Sherwood?
There are currently 47 Apartments for Rent in Sherwood, TN with pricing that ranges from $800 to $3,599. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood ranging from $775 to $2,625.
What is the current price range for Rental Homes in Sherwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherwood ranges from $775 to $2,625 with an average monthly rent of $1,609.
How much are larger Three and Four Bedroom Rentals in Sherwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Sherwood range from $949 to $3,599, while Three Bedroom Homes, Condos, and Townhomes for rent range from $949 to $2,625. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $2,699.
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.

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.

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.