Cheap Apartments for Rent in Sherwood, TN from $700 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in Sherwood.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 151 York St

151 York St

ScottsboroAL35769

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53 Haley Dr
Studio to 2 Bedroom Apartments

53 Haley Dr

53 Haley DrManchester, TN 37355
Furnished
  • Utilities Included
Showing Results 1-31, Page 1 of 1

Sherwood, TN Local Guide

Cheapest Available Sherwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sherwood, TN is a 1 Bed unit found at Willow Creek Apartment Homes in the The Promenade neighborhood priced from $845. The Overlook Apartments in the Downtown Chattanooga neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here is today’s list of the most affordable Sherwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow Creek Apartment HomesNorth Second Floor1BR,1BA$845
The Overlook ApartmentsStudioStudio,1BA$915
Hayfield HomesOne Bedroom1BR,1BA$995
Borough 33 ApartmentsAddisonStudio,1BA$1,049
Forrest Park Apartments2 Bed 1 Bath Townhome2BR,1BA$1,049
1558 S Spring St2 Beds, 1 bath2BR,1BA$1,050
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1,100
17 BroadS1Studio,1BA$1,149
Vista Cameron HarborHolston1BR,1BA$1,189
Trails of Signal MountainMckenzie2BR,1BA$1,199

Best Value Apartments for Rent in Sherwood, TN and Nearby

As of May 14, 2025 the best value apartment in the Sherwood area is the $1.17 price per square foot The Oak Model at MAA Windridge in the in the Mountain Creek neighborhood starting from $2,008. The second greatest value Sherwood apartment is the Mckenzie Model at Trails of Signal Mountain starting at $1,199 with a $0.98 price per square foot in the Spring Valley 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.
MAA WindridgeThe Oak3BR,2BA$1.17
Trails of Signal MountainMckenzie2BR,1.5BA$0.98
Winchester Place2 Bedroom2BR,2BA$1.14
Ascent at Signal Mountain2 bed 2 bath2BR,2BA$1.39
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1.27
Forrest Park Apartments2 Bed 1 Bath Townhome2BR,1BA$1.26
Hayfield HomesOne Bedroom1BR,1BA$1.24
1558 S Spring St2 Beds, 1 bath2BR,1BA$1.38
Willow Grove2bd 1bth2BR,1BA$1.60
Willow Creek Apartment HomesSouth1BR,1BA$1.44

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Sherwood, TN

Ranked #34

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Sherwood, TN Rentals by Map

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See the most popular apartments and homes in Sherwood, TN

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Frequently Asked Questions about Cheap Sherwood Apartments

What is the Cheapest Studio apartment in Sherwood?

Currently the most affordable Cheap Studio Apartment in Sherwood is at The Overlook Apartments listed at $915.

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

The lowest price for a Cheap One Bedroom Sherwood Apartment is $845 at Willow Creek Apartment Homes.

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 $1,025 at Willow Creek Apartment Homes.

What is the most affordable Sherwood Three Bedroom Apartment?

The best deal on a cheap Sherwood Three Bedroom Apartment rental is at Willow Creek Apartment Homes and starts from $1,175.

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.