Cheap Homes for Rent in Sherman, IL from $700 (23 Rentals)

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property at 3725 N Peoria Rd

3725 N Peoria Rd

SpringfieldIL62702
property at 3430 N Peoria Rd

3430 N Peoria Rd

SpringfieldIL62702

Sherman, IL Local Guide

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 ListingModel NameBed/BathPriced From
Denison PlaceOne Bedroom1BR,1BA$675
Morton Street Apartments1 bed one bath1BR,1BA$690
Butler Place2 Beds, 1 Baths2BR,1BA$695
Whispering Pines1 bed Classic1BR,1BA$700
Cobblestone ApartmentsCobblestone 1BD1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cobblestone PlaceCP Townhome 2BR2BR,2.5BA$1.13
Ash Grove3 Bedroom3BR,2BA$1.04
Prairie Vista2 Bedroom 2 Bath2BR,2BA$0.92
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$0.97
Denison PlaceOne Bedroom1BR,1BA$0.84
CandlesA11BR,1BA$1.10
Butler Place2 Beds, 1 Baths2BR,1BA$0.87
Cobblestone ApartmentsCobblestone 2BD2BR,1BA$1.06
Lincoln Tower Apartments1 Bed 1 Bath1BR,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.

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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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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.