Cheap Homes for Rent in Sherwood, OR from $1,400 (5 Rentals)

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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

Sherwood, OR Local Guide

Cheapest Available Sherwood Apartments for Rent

 

The cheapest available apartment rental in Sherwood, OR is a Studio unit found at The Hudson by Trion Living in the Rosewood neighborhood priced from $1,213. Todd Village Apartments in the Rosewood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,260. Here is today’s list of the most affordable Sherwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Hudson by Trion LivingHudson South 0x1Studio,1BA$1,213
Todd Village ApartmentsMt. BakerStudio,1BA$1,260
Oak Tree ApartmentsOak Tree 1 Bedroom1BR,1BA$1,330

Best Value Apartments for Rent in Sherwood, OR

As of March 25, 2025 the best value apartment in the Sherwood area is the $1.32 price per square foot 22231 SW 107th Ave Model at 22231 SW 107th Ave in the in the Far West Wilsonville neighborhood starting from $3,949. The second greatest value Sherwood apartment is the 2 x 1.5 TH Model at River Lofts starting at $1,999 with a $1.71 price per square foot in the Childs 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.
22231 SW 107th Ave22231 SW 107th Ave5BR,3BA$1.32
River Lofts2 x 1.5 TH2BR,1.5BA$1.71
Riverwood Heights ApartmentsAspen3BR,2BA$1.75
Tualatin HeightsPlan C2A3BR,2BA$1.80
Carriage Estates-CCM-3130S2x12BR,1BA$1.51
Rivercrest Meadows2x2 Reno2BR,2BA$1.80
Township Sherwood2x22BR,2BA$1.83
Brightwaters at Redhawk2BR/1.0BA2BR,1BA$1.84
ReNew West TualatinNyberg1BR,1BA$2.01
Oak Tree ApartmentsOak Tree 1 Bedroom1BR,1BA$1.99

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Frequently Asked Questions about Sherwood

What type of rentals are currently available in Sherwood?

There are currently 61 Apartments for Rent in Sherwood, OR with pricing that ranges from $1,065 to $5,460. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood ranging from $1,445 to $6,500.

What is the current price range for Rental Homes in Sherwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherwood ranges from $1,445 to $6,500 with an average monthly rent of $3,058.

How much are larger Three and Four Bedroom Rentals in Sherwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Sherwood range from $1,705 to $5,460, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,150 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,999 and Four Bedroom Apartments start at $3,655.

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.

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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.