5+ Days Ago
Highlights
- In-unit washer/dryer
- Modern layout
- Vibrant
Location
3667 Rhodes Ave, Memphis, TN 38111, USA
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Property Overview
Sherwood Apartments receives an impressive Zumper Expert Rating of 8.6, highlighting its strong value and competitive pricing. Residents benefit from notable features such as in-unit washer/dryer and a modern layout, complemented by a premier selection of amenities and a prime location rated 9 out of 10 for convenience. Additional advantages include proximity to public transport and a nearby grocery store, ensuring accessibility and enhancing the living experience.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Middle school nearby
- Images Available
Great for
Pet owners
Floor plans
| 2 Bed, 1 Bath | 2 bed | 1 bath | 900 sqft | $905 /mo | 1 unit available | ||
| B2 | 2 bed | 1 bath | 900 sqft | $975 /mo | 1 unit available | Welcome to Sherwood Flats, where comfort meets convenience! This updated 2-bedroom, 1-bath apartment features a modern layout with an in-unit washer/dryer for easy living. Located in the heart of Memphis near the University District, you’ll enjoy quick access to shopping, dining, and entertainment. Experience comfortable living in a vibrant, walkable neighborhood. Schedule your tour today! | |
| 2 Bed, 2 Bath | 2 bed | 2 bath | 1,050 sqft | $1,025 /mo | 1 unit available | ||
| 2 Bed, 2 Bath w/ Washer/Dryer | 2 bed | 2 bath | 1,050 sqft | $1,075 /mo | 1 unit available | ||
| 3 Bed, 2 Bath | 3 bed | 2 bath | 1,120 sqft | $1,100 /mo | 1 unit available | ||
| 3 Bed, 2 Bath w/ Washer/Dryer | 3 bed | 2 bath | 1,120 sqft | $1,175 /mo | 1 unit available |
Let's explore this property.
Amenities for Sherwood Apartments
Appliances
| In-Unit Laundry | Washer and Dryer |
Building
| Onsite Laundry |
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
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 107 |
|---|
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About Sherwood Apartments
Welcome to Sherwood Flats, where comfort meets convenience! This updated 2-bedroom, 1-bath apartment features a modern layout with an in-unit washer/dryer for easy living. Located in the heart of Memphis near the University District, you’ll enjoy quick access to shopping, dining, and entertainment. Experience comfortable living in a vibrant, walkable neighborhood. Schedule your tour today!
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, Sherwood Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Sherwood Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Sherwood Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Sherwood Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including onsite laundry. Renters looking for popular or luxurious features will find them here—and for that reason, Sherwood Apartments receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Sherwood Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Sherwood Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Sherwood Apartments is great for:
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 Sherwood Apartments compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Middle school nearby
- There is a middle school 0.4 mile away
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
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Rent trends in Memphis
If you decide to upgrade your space, you can expect 2-bedrooms at Sherwood Apartments to be 6% less than the average for similarly sized apartments in Memphis.
3-bedroom apartments at Sherwood Apartments cost about 15% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Oct 18 2025.
Memphis
| Month | Median Rent |
|---|---|
| November 2023 | $650 |
| December 2023 | $650 |
| January 2024 | $650 |
| February 2024 | $650 |
| March 2024 | $650 |
| April 2024 | $705 |
| May 2024 | $769 |
| June 2024 | $765 |
| July 2024 | $885 |
| August 2024 | $1,110 |
| September 2024 | $1,155 |
| October 2024 | $1,160 |
| November 2024 | $1,148 |
| December 2024 | $1,172 |
| January 2025 | $1,220 |
| February 2025 | $1,211 |
| March 2025 | $1,196 |
| April 2025 | $1,217 |
| May 2025 | $1,225 |
| June 2025 | $1,210 |
| July 2025 | $1,195 |
| August 2025 | $1,194 |
| September 2025 | $1,158 |
| October 2025 | $1,153 |
Affordability calculator
Can I afford to live at 3667 Rhodes Ave?
Bedrooms
Rent-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
$40,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $40,000 annually to afford this 2-bedrooms median monthly rent price of $1,000.
For more information on rent affordability, visit our rent calculator.
Schools near Sherwood Apartments
Sherwood Elementary School
1156 robinhood ln
memphis, TN, 38111
PK, K-5Public
C-
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
Ridgeway Early Learning Center
3435 3435 ridge meadow pkwy
memphis, TN, 38115
PKPublic
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Internet available near Sherwood Apartments
Getting around Memphis near 3667 Rhodes Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 3667 Rhodes Ave, Memphis
Groceries
4/10
At least one grocery store within a 30-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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