
Cheap Homes for Rent in Sherman, IL from $700 (23 Rentals)
Search the lowest-cost Homes available for rent right now in Sherman.


3124 E Carpenter St

702 W Miller St

419 N 1st St

1020 N Wesley St

131 S Douglas Ave

1616 S 7th St

819 N Bond St

1153 W Monroe St

824 E Ridgely Ave

300 Forrest Ave

418 W Elliott Ave

1508 E Moffat Ave

1422 E Reservoir St

2011 E Laurel St

2277 S 6th St

1147 N 7th St

1104 N 13th St

3725 N Peoria Rd

1629 S 16th St

3430 N Peoria Rd

1715 Clay St

922 W Governor 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 | $961 | $850 | $1,245 |
Sherman 3 Bedroom Homes for Rent | $1,291 | $1,030 | $1,600 |
Sherman 4 Bedroom Homes for Rent | $1,433 | $1,300 | $1,500 |
Sherman 5 Bedroom Homes for Rent | $2,152 | $804 | $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 Denison Place in the Downtown Springfield neighborhood priced from $675. Morton Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here is today’s list of the most affordable Sherman apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Denison Place | One Bedroom | 1BR,1BA | $675 |
Morton Street Apartments | 1 bed one bath | 1BR,1BA | $690 |
Butler Place | 2 Beds, 1 Baths | 2BR,1BA | $695 |
Whispering Pines | 1 bed Classic | 1BR,1BA | $700 |
Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
Best Value Apartments for Rent in Sherman, IL and Nearby
As of March 23, 2025 the best value apartment in the Sherman area is the $1.13 price per square foot CP Townhome 2BR Model at Cobblestone Place in the starting from $1,795. The second greatest value Sherman apartment is the 3 Bedroom Model at Ash Grove starting at $1,395 with a $1.04 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. |
---|---|---|---|
Cobblestone Place | CP Townhome 2BR | 2BR,2.5BA | $1.13 |
Ash Grove | 3 Bedroom | 3BR,2BA | $1.04 |
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 |
Denison Place | One Bedroom | 1BR,1BA | $0.84 |
Candles | A1 | 1BR,1BA | $1.10 |
Butler Place | 2 Beds, 1 Baths | 2BR,1BA | $0.87 |
Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
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Frequently Asked Questions about Sherman
What type of rentals are currently available in Sherman?
There are currently 37 Apartments for Rent in Sherman, IL with pricing that ranges from $550 to $2,035. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman ranging from $700 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 $700 to $3,500 with an average monthly rent of $1,403.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.