Cheap Apartments for Rent in the Sherwood Neighborhood of Vancouver, WA from $1,000 (19 Rentals)

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

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.

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.

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Anderson Estates
1 to 2 Bedroom Apartments

Anderson Estates

522 NE Anderson StVancouver, WA 98665
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Hylon Way
2 Bedroom Apartments

Hylon Way

936 NE 86th StVancouver, WA 98665

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.

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Ridgecrest Apartments
2 Bedroom Apartments

Ridgecrest Apartments

1804-1812 NE 104th StVancouver, WA 98686
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Barrington Place
1 to 2 Bedroom Apartments

Barrington Place

8910 NE Hazel Dell AveVancouver, WA 98665
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Olympic Park
1 to 2 Bedroom Apartments

Olympic Park

10300 NE Stutz RdVancouver, WA 98685

Sherwood, Vancouver, WA Local Guide

Cheapest Available Sherwood Apartments for Rent

 

The cheapest available apartment rental in the Sherwood area of Portland, WA is a 1 Bed unit found at The Modern at Canyon Creek priced from $1,150. Teal Pointe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,165. Here are the most affordable Sherwood apartments for rent in Portland, WA:

Apartment ListingModel NameBed/BathPriced From
The Modern at Canyon CreekColumbia1BR,1BA$1,150
Teal Pointe Apartments1 Bed 1 Bath1BR,1BA$1,165
Parklane Apartments0x1 430Studio,1BA$1,188
Willow CreekOne Bedroom1BR,1BA$1,325
Cougar Creek ApartmentsOne Bedroom1BR,1BA$1,327

Best Value Apartments for Rent in Sherwood, WA

As of June 17, 2025 the best value apartment in the Sherwood area is the $1.58 price per square foot 3x2.5 | Townhome Model at Terra Lofts Apartments & Townhomes in the in the Tenney Garden Tracts neighborhood starting from $2,308. The second greatest value Sherwood apartment is the B1.2 Model at Highland Hills starting at $2,027 with a $1.73 price per square foot in the Sherwood 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.
Terra Lofts Apartments & Townhomes3x2.5 | Townhome3BR,2.5BA$1.58
Highland HillsB1.22BR,2BA$1.73
Waterford Terrace Apartments2x1 - floor2BR,1BA$1.81
Sydney Court2 Bedroom 1 Bath Townhome2BR,1.5BA$1.60
The Jax Apartments2 Bedroom, 2 Bath2BR,2BA$1.75
Portola Bridge Creek2X1BR2BR,1BA$1.61
The Acres2 Bed 1 Bath Reno2BR,1BA$1.84
Maple Knoll Apartments2x12BR,1BA$1.84
Willow CreekOne Bedroom1BR,1BA$1.96
Teal Pointe Apartments1 Bed 1 Bath1BR,1BA$1.75

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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Pet Friendly Lifestyle
Sherwood, Vancouver, WA

Ranked #86

Among neighborhoods in Vancouver, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Vancouver. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Sherwood Apartments

What is a cheap apartment in Sherwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherwood is under $1,560.

What is the price of a cheap apartment in Sherwood?

The cheapest apartment in Sherwood is The Modern at Canyon Creek which is listed at $1,150, while the average apartment in Sherwood costs $2,899.

What types of apartments are the cheapest in Sherwood?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 35 regular apartments in Sherwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Sherwood?

Cheap apartments in Sherwood have an average cost of $408 which is $2,491 cheaper than the average rent for all rentals in Sherwood.

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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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.