What's the average rent in Sherman, TX?

Rental Market Trends in Sherman, TX

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Sherman, TX is $1,555 per month, which is 20% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,555
-2.5%
-$40 decrease month-over-month
-2.5%
-$40 decrease year-over-year

AVAILABLE RENTALS

304

APARTMENTS

$1,029

HOUSES

$1,705

TOWNHOUSES

$1,195
As of September 2026, apartments are the most affordable rental option in Sherman, TX at $1,029 per month, while houses are the most expensive at $1,705 per month. Townhomes average $1,195 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$912
2 Bedrooms$1,111
3 Bedrooms$1,600
4 Bedrooms$1,800
All$1,555
As of September 2026, the average rent for a 1 bedroom rental in Sherman, TX is $912 per month, followed by $1,111 for a 2 bedroom rental, $1,600 for a 3 bedroom rental, and $1,800 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 $50 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 $9,037.
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