
Cheap Homes for Rent in Sherman, IL from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Sherman.


702 W Miller St

1038 N 1st St

619 S Walnut St

419 N 1st St
Sherman, IL Local Guide

How much does it cost to rent a home in Sherman?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sherman 2 Bedroom Homes for Rent | $954 | $700 | $1,100 |
Sherman 3 Bedroom Homes for Rent | $1,233 | $1,030 | $1,300 |
Sherman 4 Bedroom Homes for Rent | $1,300 | $1,300 | $1,300 |
Sherman 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Sherman
Explore Sherman
Sherman, IL Local Guide
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Cheapest Available Sherman Apartments for Rent and Nearby
 The cheapest available apartment rental in Sherman, IL is a 1 Bed unit found at 215 N 3rd St priced from $550. The Hickcox Collection in the Downtown Springfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $646. Here is today’s list of the most affordable Sherman apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
215 N 3rd St | 1 Bedroom | 1BR,1BA | $550 |
The Hickcox Collection | The Hickox | Studio,1BA | $646 |
Safe Harbor Properties | Studio | Studio,1BA | $675 |
Best Value Apartments for Rent in Sherman, IL and Nearby
As of April 08, 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 Townhome Model at Ravenwood Townhomes starting at $875 with a $0.88 price per square foot . Here is today’s list of the best values for Sherman apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Prairie Vista | 2 Bedroom 2 Bath | 2BR,2BA | $0.92 |
Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.88 |
New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $0.97 |
Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
Denison Place | One Bedroom | 1BR,1BA | $0.84 |
Butler Place | 2 Beds, 1 Baths | 2BR,1BA | $0.87 |
Candles | A1 | 1BR,1BA | $1.10 |
Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
Safe Harbor Properties | 1st Floor Level | 1BR,1BA | $1.17 |
106 S 4th St | 2 bedroom | 2BR,1BA | $1.21 |
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Frequently Asked Questions about Sherman
What type of rentals are currently available in Sherman?
There are currently 39 Apartments for Rent in Sherman, IL with pricing that ranges from $550 to $2,035. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman ranging from $650 to $3,500.
What is the current price range for Rental Homes in Sherman?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherman ranges from $650 to $3,500 with an average monthly rent of $1,565.
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.

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.

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.