5+ Days Ago
Location
8303 Pennwood Dr, Sherwood, AR 72120, USA
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Amenities for 8303 Pennwood Dr
Apartment Amenities
| Central Air | Fireplace |
Appliances
| Dishwasher | In-Unit Laundry |
Grounds
| 2 Parking Spaces | Garage Parking |
| Outdoor Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Contact for more information on pet policy.
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About 8303 Pennwood Dr
Property Status: Active Charming 3BD/2BA in the quiet area of Sherwood that is waiting for you to call home. Cozy living room with decorative fireplace and built-in shelving for all your favorite knickknacks. Eat-in-kitchen ideal for enjoying meals with family or friends. All kitchen appliances included but refrigerator is not maintained by owner. Plenty of space in the bedrooms. Good size back yard perfect for anyone with kids or pets. Back patio for enjoying some time outdoors. This property is managed by Hoffman Team so beware of scammers - we will never ask you to Cashapp us money. The lease for this property is for 18 months to 2 years with a 3% increase after the first year. Income must be 3x the amount of rent. Deposit, first month’s rent, and the $50 administration fee due before move in. This property does not accept section 8. Office Phone: (501) 353-2504 Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 8303 Pennwood Dr compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 72120 |
|---|---|
| Type | House for rent |
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Rent trends in Sherwood
3-bedroom apartments at 8303 Pennwood Dr cost about 19% less than the average rent price for 3-bedroom apartments in Sherwood.
Median rents as of Sep 27 2025.
Sherwood
| Month | Median Rent |
|---|---|
| October 2023 | $1,421 |
| November 2023 | $1,450 |
| December 2023 | $1,392 |
| January 2024 | $1,317 |
| February 2024 | $1,430 |
| March 2024 | $1,466 |
| April 2024 | $1,435 |
| May 2024 | $1,446 |
| June 2024 | $1,411 |
| July 2024 | $1,403 |
| August 2024 | $1,416 |
| September 2024 | $1,407 |
| October 2024 | $1,400 |
| November 2024 | $1,474 |
| December 2024 | $1,531 |
| January 2025 | $1,525 |
| February 2025 | $1,488 |
| March 2025 | $1,499 |
| April 2025 | $1,532 |
| May 2025 | $1,633 |
| June 2025 | $1,618 |
| July 2025 | $1,674 |
| August 2025 | $1,539 |
| September 2025 | $1,536 |
Affordability calculator
Can I afford to live at 8303 Pennwood Dr?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$51,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,800 annually to afford this 3-bedrooms monthly rent price of $1,295.
For more information on rent affordability, visit our rent calculator.
Schools near 8303 Pennwood Dr
Sherwood Elementary School
307 verona ave
sherwood, AR, 72120
PK, K-5Public
B+
Adkins Pre-K Center
500 cloverdale rd
jacksonville, AR, 72076
PKPublic
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Internet available near 8303 Pennwood Dr
Getting around Sherwood near 8303 Pennwood Dr
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 8303 Pennwood Dr, Sherwood
Groceries
2/10
No grocery stores within walking distance
Shopping
4/10
Some shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 30-minute walk
High schools
3/10
No high schools within a 30-minute walk
Nightlife
1/10
Few or no bars within walking distance
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