Cheap Apartments for Rent in the Sherman Neighborhood of Elkhart, IN from $500 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Sherman area of Elkhart.

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Northway Manor
1 to 3 Bedroom Apartments

Northway Manor

915 Northway CirElkhart, IN 46514
  • Utilities Included
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Highland
1 to 3 Bedroom Apartments

Highland

1875 Osolo RdElkhart, IN 46514
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Water Tower Place
1 to 3 Bedroom Apartments

Water Tower Place

320 La Salle StElkhart, IN 46516
Senior Living
  • Utilities Included

Sherman, Elkhart, IN Local Guide

Cheapest Available Sherman Apartments for Rent

 

The cheapest available apartment rental in the Sherman area of South Bend, IN is a 2 Beds unit found at La Casa Estates priced from $730. Elkhart Green Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here are the most affordable Sherman apartments for rent in South Bend, IN:

Apartment ListingModel NameBed/BathPriced From
La Casa Estates2 bedroom2BR,1BA$730
Elkhart Green Apartments11BR,1BA$830
Woodwind Apartments1 BR/ 1 BA1BR,1BA$875
The Retreat Apartment Homes1 bd1BR,1BA$894
The Highlands ApartmentsOne Bedroom1BR,1BA$964

Best Value Apartments for Rent in Sherman, IN

As of March 28, 2025 the best value apartment in the Sherman area is the $1.05 price per square foot 2bd/2bath Model at 121-123 S Main St in the in the East Jackson neighborhood starting from $1,150. The second greatest value Sherman apartment is the 2 Bedroom/ 2 Bath - Hunter's Pond Model at Hunter's Pond starting at $1,300 with a $1.22 price per square foot in the East Jackson neighborhood. Here is today’s list of the best values for Sherman apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
121-123 S Main St2bd/2bath2BR,2BA$1.05
Hunter's Pond2 Bedroom/ 2 Bath - Hunter's Pond2BR,2BA$1.22
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.10
Forest Glen Apartments3 Bed3BR,1BA$1.08
River Point West1/11BR,1BA$1.21
The Highlands ApartmentsOne Bedroom1BR,1BA$1.33
Elkhart Green Apartments11BR,1BA$1.15
The Retreat Apartment Homes1 bd1BR,1BA$1.26
La Casa Estates3 bedroom3BR,1BA$1.26
Woodwind Apartments1 BR/ 1 BA1BR,1BA$1.59

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Sherman, Elkhart, IN

Ranked #13

Among neighborhoods in Elkhart, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of rentals in areas across the United States including Sherman, Elkhart, and the greater South Bend area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Sherman Neighborhood in Elkhart, IN

Walk Score®

70 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Sherman Apartments

How much is rent for a Cheap One Bedroom Sherman Apartment?

The lowest price for a Cheap One Bedroom Sherman Apartment is $830 at Elkhart Green Apartments.

What is the lowest price for a Cheap Two Bedroom Sherman Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sherman is starting from $730 at La Casa Estates.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.