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 May 2026, the average rent in Sherman, TX is $1,551 per month, which is 19% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,551
0.4%
$6 increase month-over-month
-8.8%
-$149 decrease year-over-year

AVAILABLE RENTALS

215

APARTMENTS

$1,106

HOUSES

$1,750

TOWNHOUSES

$1,450
As of May 2026, apartments are the most affordable rental option in Sherman, TX at $1,106 per month, while houses are the most expensive at $1,750 per month. Townhomes average $1,450 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$899
2 Bedrooms$1,095
3 Bedrooms$1,716
4 Bedrooms$2,200
All$1,550
As of May 2026, the average rent for a 1 bedroom rental in Sherman, TX is $899 per month, followed by $1,095 for a 2 bedroom rental, $1,716 for a 3 bedroom rental, and $2,200 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -12% compared to the previous year, which is a $206 decrease.
This year (2026)
Last year (2025)

Rent distribution

39% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $325 to $9,000.
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