What's the average rent in Sherman, TX?
Rental Market Trends in Sherman, TX
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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,136 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | — |
| All | $1,450 |
As of May 2026, the average rent for a 1 bedroom townhome in Sherman, TX is $850 per month, followed by $1,136 for a 2 bedroom townhome, and $1,500 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $850 |
| 2 Bedrooms | $995 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | — |
| All | $1,295 |
As of May 2026, the average rent for a 1 bedroom apartment in Sherman, TX is $850 per month, followed by $995 for a 2 bedroom apartment, and $1,400 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,750 |
| 4 Bedrooms | $2,150 |
| All | $1,750 |
As of May 2026, the average rent for a 1 bedroom house in Sherman, TX is $900 per month, followed by $1,050 for a 2 bedroom house, $1,750 for a 3 bedroom house, and $2,150 for a 4 bedroom house.
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.