
Cheap Homes for Rent in Sherwood, OR from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Sherwood.


22802 SW Forest Creek Dr, Unit 100

17975 SW 115th Ave

19877 SW Santee Ct

20508 SW Roy Rogers Rd
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

How much does it cost to rent a home in Sherwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sherwood 2 Bedroom Homes for Rent | $2,286 | $1,445 | $3,700 |
Sherwood 3 Bedroom Homes for Rent | $2,687 | $2,150 | $3,500 |
Sherwood 4 Bedroom Homes for Rent | $4,173 | $2,999 | $6,500 |
Sherwood 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Top Homes for Rent in Sherwood
Explore Sherwood
Sherwood, OR Local Guide
- Sherwood Neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Hudson by Trion Living | Hudson South 0x1 | Studio,1BA | $1,213 |
Todd Village Apartments | Mt. Baker | Studio,1BA | $1,260 |
Oak Tree Apartments | Oak Tree 1 Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
22231 SW 107th Ave | 22231 SW 107th Ave | 5BR,3BA | $1.32 |
River Lofts | 2 x 1.5 TH | 2BR,1.5BA | $1.71 |
Riverwood Heights Apartments | Aspen | 3BR,2BA | $1.75 |
Tualatin Heights | Plan C2A | 3BR,2BA | $1.80 |
Carriage Estates-CCM-3130S | 2x1 | 2BR,1BA | $1.51 |
Rivercrest Meadows | 2x2 Reno | 2BR,2BA | $1.80 |
Township Sherwood | 2x2 | 2BR,2BA | $1.83 |
Brightwaters at Redhawk | 2BR/1.0BA | 2BR,1BA | $1.84 |
ReNew West Tualatin | Nyberg | 1BR,1BA | $2.01 |
Oak Tree Apartments | Oak Tree 1 Bedroom | 1BR,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.

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.

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.