What's the average rent in Sherman, TX?

Rental Market Trends in Sherman, TX

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

$1,432

HOUSES

$1,750

TOWNHOUSES

$1,445
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 typeAverage 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.

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.
discover
a place
you'll love
to live