Cheap Apartments for Rent in Sherman, IL from $500 (37 Rentals)

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Cheap Apartments in Sherman.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Butler Place
2 Bedroom Apartments

Butler Place

3100 Butler StSpringfield, IL 62703
  • Utilities Included
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Pine Woods Apartments
1 to 3 Bedroom Apartments

Pine Woods Apartments

1665 Seven Pines RdSpringfield, IL 62704
  • Utilities Included
Showing Results 1-37, Page 1 of 1

Sherman, IL Local Guide

Cheapest Available Sherman Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sherman, IL is a Studio unit found at The Hickcox Collection in the Downtown Springfield neighborhood priced from $628. Safe Harbor Properties in the Downtown Springfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Sherman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Hickcox CollectionThe HickoxStudio,1BA$628
Safe Harbor PropertiesStudioStudio,1BA$675
Denison PlaceOne Bedroom1BR,1BA$675
Morton Street Apartments1 bed one bath1BR,1BA$690
Butler Place2 Beds, 1 Baths2BR,1BA$700
Cobblestone ApartmentsCobblestone 1BD1BR,1BA$750
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$799
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$800
106 S 4th St2 bedroom2BR,1BA$800
Whispering Pines ApartmentsSpacious & Stylish Living at Whispering Pines –...1BR,1BA$825

Best Value Apartments for Rent in Sherman, IL and Nearby

As of May 07, 2025 the best value apartment in the Sherman area is the $0.92 price per square foot 2 Bedroom 2 Bath Model at Prairie Vista in the starting from $1,200. The second greatest value Sherman apartment is the Three Bedroom, Two Bath (I) Model at Brainard Landings Apartments starting at $900 with a $0.75 price per square foot . 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.
Prairie Vista2 Bedroom 2 Bath2BR,2BA$0.92
Brainard Landings ApartmentsThree Bedroom, Two Bath (I)3BR,2BA$0.75
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
3TENB12BR,1BA$1.12
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$0.97
Cobblestone ApartmentsCobblestone 2BD2BR,1BA$1.06
Denison PlaceOne Bedroom1BR,1BA$0.84
CandlesA11BR,1BA$1.10
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$1.07
Safe Harbor PropertiesStudioStudio ,1BA$1.08

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Sherman, IL Rentals by Map

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See the most popular apartments and homes in Sherman, IL

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Getting Around Sherman, IL

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Sherman Apartments

What is the Cheapest Studio apartment in Sherman?

Currently the most affordable Cheap Studio Apartment in Sherman is at The Hickcox Collection listed at $628.

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

The lowest price for a Cheap One Bedroom Sherman Apartment is $675 at Denison Place.

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 $700 at Butler Place.

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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.