Cheap Apartments for Rent in Sherwood, OR

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Apartments For Rent Near Sherwood, OR

We found 30 more apartments matching your filters just outside Sherwood

Average Rent Trends in Sherwood, OR

Rent in Sherwood, OR varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Oct 2025$2,495
Nov 2025$2,450
Dec 2025$2,500
Jan 2026$2,650
Feb 2026$2,495
Mar 2026$2,648
Apr 2026$2,299
May 2026$2,113
Jun 2026$2,350
Jul 2026$2,600
Aug 2026$2,262
Sep 2026$2,592
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Average Rent By Bedroom and Home Type

In September 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,668$1,765$2,600$3,000$2,595
Townhomes—$2,289$2,600—$2,289
Apartments and Condos—$1,850$2,595—$1,850
Houses$1,750—$2,845$3,000$2,950
See more information about local market trends in Sherwood, OR

Frequently Asked Questions about Rentals in Sherwood, OR

  • What is the average rent of an apartment in Sherwood, OR?
    The average rent of an apartment in Sherwood, OR is $1,457 per month. This is about 25% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Sherwood, OR?
    Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $2,395 per month.
  • How many cheap apartments are available in Sherwood, OR?
    There are 20 apartments to rent that are cheaper than the city’s average rent of $2,595.
  • When is the average rent most expensive in Sherwood, OR?
    In the last year, the average rent in Sherwood, OR was highest in Jun 2025 when it was $2,700 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Sherwood, OR?
    The average rent of a 1 bedroom apartment in Sherwood, OR is $1,668 per month. That is about $110 more than the cost of a studio apartment.
  • What are some zip codes in Sherwood, OR?
    Sherwood, OR includes zip codes such as: 97140.
  • What are some cities near Sherwood, OR?
    Some nearby cities include: King City, Tualatin, Wilsonville, Tigard, Durham. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Sherwood, OR - 442 Rentas | Trulia