What's the average rent in Sherman, TX?
Rental Market Trends in Sherman, TX
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Sherman, TX is $1,600 per month, which is 19% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$1,600
6.7%$100 increase month-over-month
-5.6%-$95 decrease year-over-year
AVAILABLE RENTALS
264
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, apartments are the most affordable rental option in Sherman, TX at $1,432 per month, while houses are the most expensive at $1,750 per month. Townhomes average $1,445 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $906 |
| 2 Bedrooms | $1,144 |
| 3 Bedrooms | $1,645 |
| 4 Bedrooms | $2,025 |
| All | $1,600 |
As of August 2026, the average rent for a 1 bedroom rental in Sherman, TX is $906 per month, followed by $1,144 for a 2 bedroom rental, $1,645 for a 3 bedroom rental, and $2,025 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,135 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | — |
| All | $1,445 |
As of August 2026, the average rent for a 1 bedroom townhome in Sherman, TX is $800 per month, followed by $1,135 for a 2 bedroom townhome, and $1,500 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $899 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,614 |
| All | $1,200 |
As of August 2026, the average rent for a 1 bedroom apartment in Sherman, TX is $899 per month, followed by $1,000 for a 2 bedroom apartment, $1,350 for a 3 bedroom apartment, and $1,614 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $995 |
| 2 Bedrooms | $1,295 |
| 3 Bedrooms | $1,685 |
| 4 Bedrooms | $2,000 |
| All | $1,750 |
As of August 2026, the average rent for a 1 bedroom house in Sherman, TX is $995 per month, followed by $1,295 for a 2 bedroom house, $1,685 for a 3 bedroom house, and $2,000 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -3% compared to the previous year, which is a $55 decrease.
This year (2026)
Last year (2025)
Rent distribution
45% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $361 to $11,356.