Cheap Apartments for Rent in Sherwood, OR from $1,000 (24 Rentals)

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Cedar Creek Village
1 to 3 Bedroom Apartments

Cedar Creek Village

21798 SW Sherwood BlvdSherwood, OR 97140
  • Utilities Included

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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Woodridge
1 to 3 Bedroom Apartments

Woodridge

11999 SW Tualatin RdTualatin, OR 97062
  • Utilities Included
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Canyon Creek
1 to 3 Bedroom Apartments

Canyon Creek

26310 SW Canyon Creek RdWilsonville, OR 97070

Sherwood, OR Local Guide

Cheapest Available Sherwood Apartments for Rent

 

The cheapest available apartment rental in Sherwood, OR is a 1 Bed unit found at Canyon Creek in the Far West Wilsonville neighborhood priced from $1,375. ReNew West Tualatin in the Rosewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here is today’s list of the most affordable Sherwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Canyon CreekOne Bedroom One Bath Luxury1BR,1BA$1,375
ReNew West TualatinNyberg1BR,1BA$1,450
Arbor Heights2 Bed 1 Bath2BR,1BA$1,465
Carriage Estates-CCM-3130S2x12BR,1BA$1,495
Commons at Avalon Park ApartmentsAvalon1BR,1BA$1,525

Best Value Apartments for Rent in Sherwood, OR

As of April 12, 2025 the best value apartment in the Sherwood area is the $1.77 price per square foot Plan C2C - Flat Model at Tualatin Heights in the in the Childs neighborhood starting from $2,089. The second greatest value Sherwood apartment is the OT2 3 bedroom/2 Bath Model at Oak Tree Apartments starting at $2,100 with a $1.81 price per square foot in the Bella Vista neighborhood. Here is today’s list of the best values for Sherwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tualatin HeightsPlan C2C - Flat3BR,2BA$1.77
Oak Tree ApartmentsOT2 3 bedroom/2 Bath3BR,2BA$1.81
Carriage Estates-CCM-3130S2x12BR,1BA$1.51
Rivercrest Meadows2x2 Reno2BR,2BA$2.03
Riverwood Heights ApartmentsAnchor2BR,2BA$1.92
Canyon CreekTwo Bedroom One and One Fourth Bath Luxury2BR,1.4BA$2.12
Oakmont2x1 Upper2BR,1BA$2.06
Brightwaters at Redhawk2BR/1.0BA2BR,1BA$1.84
ReNew West TualatinTualatin Townhome2BR,1.5BA$2.04
Todd Village ApartmentsMt. St. Helens2BR,1BA$2.07

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

Explore Sherwood, OR Rentals by Map

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Getting Around Sherwood, OR

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Sherwood Apartments

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

The lowest price for a Cheap One Bedroom Sherwood Apartment is $1,375 at Canyon Creek.

What is the lowest price for a Cheap Two Bedroom Sherwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sherwood is starting from $1,465 at Arbor Heights.

What is the most affordable Sherwood Three Bedroom Apartment?

The best deal on a cheap Sherwood Three Bedroom Apartment rental is at Todd Village Apartments and starts from $1,695.

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 A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

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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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.

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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.