
Cheap Homes for Rent in Sherwood Towne Neighborhood of Phoenix, AZ from $1,000 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Sherwood Towne area of Phoenix.


5312 E Taylor St

6125 E Indian School Rd

6637 E Cheery Lynn Rd

5900 E Thomas Rd

3232 N 66th St

3934 E Piccadilly Rd

5900 E Thomas Rd

6125 E Indian School Rd, Unit 171

1826 N 51st St
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

3126 N 68th St

3314 N 68th St

6721 E McDowell Rd

1241 N 48th St, Unit 210

4752 E Portland St

4701 N 68th St, Unit 136

6702 E Monterey Way

2523 N 48th Pl

4610 N 68th St
Sherwood Towne, Phoenix, AZ Local Guide

How much does it cost to rent a home in Sherwood Towne?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sherwood Towne 2 Bedroom Homes for Rent | $2,917 | $1,295 | $10,000+ |
Sherwood Towne 3 Bedroom Homes for Rent | $3,928 | $1,925 | $10,000+ |
Sherwood Towne 4 Bedroom Homes for Rent | $9,144 | $1,000 | $10,000+ |
Sherwood Towne 5 Bedroom Homes for Rent | $15,953 | $3,500 | $10,000+ |
Sherwood Towne 6 Bedroom Homes for Rent | $51,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Sherwood Towne Neighborhood of Phoenix, AZ.
Explore Phoenix
Sherwood Towne, Phoenix, AZ Local Guide
- Nearby Phoenix neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Sherwood Towne Apartments for Rent
 The cheapest available apartment rental in the Sherwood Towne area of Phoenix, AZ is a Studio unit found at Harbor View 2 priced from $945. Prados Apartments at Arcadia has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Sherwood Towne apartments for rent in Phoenix, AZ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Harbor View 2 | 0X1 NO w/d | Studio,1BA | $945 |
Prados Apartments at Arcadia | S1 | Studio,1BA | $950 |
Terrasol | A1 | 1BR,1BA | $970 |
Papago Gardens Apartments | Santorini Villas - 1 Bedroom | 1BR,1BA | $985 |
Arcadia on 49th | STUDIO | Studio,1BA | $996 |
Best Value Apartments for Rent in Sherwood Towne, AZ
As of March 25, 2025 the best value apartment in the Sherwood Towne area is the $1.39 price per square foot B2 Townhome Model at Parq at East Arcadia in the in the Downtown Phoenix neighborhood starting from $1,476. The second greatest value Sherwood Towne apartment is the 2x2 Model at Papago Crossing starting at $1,485 with a $1.52 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Sherwood Towne apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Parq at East Arcadia | B2 Townhome | 2BR,1.5BA | $1.39 |
Papago Crossing | 2x2 | 2BR,2BA | $1.52 |
The Clubhouse at Arcadia | 1x1 | 1BR,1BA | $1.35 |
New Horizons | 2 Bed 2 Bath | 2BR,2BA | $1.57 |
Papago Park Apartments | 2x2 | 2BR,2BA | $1.58 |
Garden Terrace Apartments | Two Bedroom One Bath | 2BR,1BA | $1.54 |
434 N 42nd St, Unit 2 | 434 N 42nd St | 1BR,1BA | $1.46 |
Terrasol | A1 | 1BR,1BA | $1.56 |
Papago Vista | Medium One Bedroom | 1BR,1BA | $1.71 |
Papago Gardens Apartments | Santorini Villas - 1 Bedroom | 1BR,1BA | $1.76 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Sherwood Towne
What type of rentals are currently available in Sherwood Towne?
There are currently 451 Apartments for Rent in Sherwood Towne, AZ with pricing that ranges from $925 to $15,000. There are also 138 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood Towne ranging from $1,000 to $51,000.
What is the current price range for Rental Homes in Sherwood Towne?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherwood Towne ranges from $1,000 to $51,000 with an average monthly rent of $12,256.
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.

A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ
Written by: Andrew Jollett
I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).

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.

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.

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.