What's the average rent in Sherman, TX?

Rental Market Trends in Sherman, TX

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Sherman, TX is $1,500 per month, which is 23% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,500
-1.3%
-$19 decrease month-over-month
-13.0%
-$225 decrease year-over-year

AVAILABLE RENTALS

230

APARTMENTS

$1,048

HOUSES

$1,749

TOWNHOUSES

$1,357
As of June 2026, apartments are the most affordable rental option in Sherman, TX at $1,048 per month, while houses are the most expensive at $1,749 per month. Townhomes average $1,357 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$900
2 Bedrooms$1,083
3 Bedrooms$1,695
4 Bedrooms$2,128
All$1,500
As of June 2026, the average rent for a 1 bedroom rental in Sherman, TX is $900 per month, followed by $1,083 for a 2 bedroom rental, $1,695 for a 3 bedroom rental, and $2,128 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -9% compared to the previous year, which is a $150 decrease.
This year (2026)
Last year (2025)

Rent distribution

41% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $325 to $10,510.
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