Cheap Apartments for Rent in Sherwood, TN from $700 (36 Rentals)

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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
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Sherwood, TN Local Guide

Cheapest Available Sherwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sherwood, TN is a Studio unit found at The Overlook Apartments in the Downtown Chattanooga neighborhood priced from $915. Willow Creek Apartment Homes in the The Promenade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Sherwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Overlook ApartmentsStudioStudio,1BA$915
Willow Creek Apartment HomesSouth1BR,1BA$950
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
The Reserve at Mountain Pass2BR2BR,2BA$1,098
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1,100
17 BroadS1Studio,1BA$1,120
Carden Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,145

Best Value Apartments for Rent in Sherwood, TN and Nearby

As of May 01, 2025 the best value apartment in the Sherwood area is the $1.12 price per square foot The Oak Model at MAA Windridge in the in the Mountain Creek neighborhood starting from $1,918. The second greatest value Sherwood apartment is the Brand NEW Townhome Model at Legacy Townhomes starting at $1,850 with a $1.36 price per square foot . 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$1.12
Legacy TownhomesBrand NEW Townhome3BR,2.5BA$1.36
Arcadia CreeksideMaple2BR,2BA$1.13
Trails of Signal MountainMckenzie2BR,1.5BA$0.98
Winchester Place2 Bedroom2BR,2BA$1.14
The Reserve at Mountain Pass2BR2BR,2BA$1.01
Carden Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.19
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

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Pet Friendly Lifestyle
Sherwood, TN

Ranked #33

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!

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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 $950 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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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.