What's the average rent in Sherman, TX?

Rental Market Trends in Sherman, TX

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Sherman, TX is $1,500 per month, which is 22% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,500
-3.2%
-$50 decrease month-over-month
-6.3%
-$100 decrease year-over-year

AVAILABLE RENTALS

300

APARTMENTS

$1,157

HOUSES

$1,605

TOWNHOUSES

$1,199
As of November 2026, apartments are the most affordable rental option in Sherman, TX at $1,157 per month, while houses are the most expensive at $1,605 per month. Townhomes average $1,199 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$912
2 Bedrooms$1,083
3 Bedrooms$1,555
4 Bedrooms$1,750
All$1,500
As of November 2026, the average rent for a 1 bedroom rental in Sherman, TX is $912 per month, followed by $1,083 for a 2 bedroom rental, $1,555 for a 3 bedroom rental, and $1,750 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -8% compared to the previous year, which is a $125 decrease.
This year (2026)
Last year (2025)

Rent distribution

45% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $635 to $8,820.
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