Zumper
modified
5 Hours Ago

Highlights

  • Pet Friendly
  • Spacious apartments
  • Pet-friendly community
  • Hardwood-style plank flooring
  • Stackable washer/dryer
  • Kitchens equipped
  • Open-concept living and dining spaces

Location

3667 Rhodes Ave, Memphis, TN 38111, USA
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Contact

Management

Sherwood Flats Portfolio

Leasing office

(901) 295-2875

Property Overview

Sherwood Flats earns a strong overall rating, with especially high marks for value, amenities, and location, along with a solid level of trustworthiness. It offers spacious apartments, open-concept living and dining spaces, hardwood-style plank flooring, stackable washer/dryer, and kitchens equipped for everyday convenience, plus a pet-friendly community with nearby pet services and practical access to transit and groceries.

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.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, Sherwood Flats is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Sherwood Flats has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • More space
  • Middle school nearby

Great for

  • Pet owners

Floor plans

B12 bed1 bath900 sqft$849–$905 /mo5 units availableWelcome 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!
B22 bed1 bath900 sqft$975 /mo1 unit availableWelcome 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!
B42 bed2 bath1,050 sqft$999–$1,075 /mo2 units availableWelcome to Sherwood Flats! This stylish 2-bedroom, 2-bath apartment offers spacious living with modern amenities, including an in-unit washer/dryer for your convenience. Located in the lively University District, you’ll have easy access to shopping, dining, and entertainment. Enjoy comfortable, hassle-free living in one of Memphis’s most sought-after neighborhoods. Schedule your tour today!
B32 bed2 bath1,050 sqft$1,025 /mo1 unit availableWelcome to Sherwood Flats! This stylish 2-bedroom, 2-bath apartment offers spacious living with modern amenities. Located in the lively University District, you’ll have easy access to shopping, dining, and entertainment. Enjoy comfortable, hassle-free living in one of Memphis’s most sought-after neighborhoods. Schedule your tour today!
C13 bed2 bath1,120 sqft$1,000–$1,100 /mo2 units availableExperience the perfect blend of space and convenience at Sherwood Flats! This modern 3-bedroom, 2-bath apartment features open living spaces, and updated interiors designed for comfort. Located in the vibrant University District, you’re just minutes from shopping, dining, and entertainment. Enjoy easy living in a prime Memphis location—schedule your tour today!
C23 bed2 bath1,120 sqft$1,175 /mo2 units availableDiscover elevated living at Sherwood Flats, where our spacious three-bedroom floorplans deliver the comfort and functionality today’s households expect. Each home is equipped with central heating and air, hardwood-style plank flooring, blinds included, and thoughtfully updated interiors in select units. Residents enjoy private entryways, ample parking, and in-home safety features, supported by reliable pest-control services and 24/7 emergency maintenance. Our community is designed for streamlined, modern living with an online maintenance portal, on-site laundry access, and professionally managed grounds featuring green spaces and a relaxing grill area. Pet-friendly options, roommate-friendly layouts, and convenient on-site management add to the overall value proposition. Sherwood Flats offers a balanced blend of space, convenience, and service—positioned to support long-term resident satisfaction in the heart of Memphis.

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Amenities for Sherwood Flats

Apartment Amenities

Air ConditioningBlinds Included
Central Air Conditioning and HeatingHardwood Floor
Hardwood Style Plank FlooringLarge Floor Plans
Newly RenovatedRemodeled

Appliances

In-Unit LaundryRange
RefrigeratorStove/Range
Vent-A-HoodWasher and Dryer

Building

Cats OKDogs OK
Onsite LaundryPrivate Entryways

Grounds

Grill Area

Services

On-Site MaintenanceOn-site Property Management Office
Pest Control Included

Other

Short Term Leases
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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units107
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About Sherwood Flats

HomeApartments in Memphis Sherwood Flats

Welcome to Sherwood Apartments, your new home in the heart of Memphis, TN. Our spacious apartments offer large floorplans with open-concept living and dining spaces, perfect for entertaining or simply relaxing. The hardwood-style plank flooring adds a touch of elegance to each unit, while the private entryways ensure your privacy. Our kitchens are equipped with a range, refrigerator, and ventahood, and a cozy dining nook for your meal times. For your convenience, each apartment also includes a stackable washer/dryer. We understand that pets are part of the family, which is why we are a pet-friendly community. Beyond the walls of your apartment, you'll find beautifully maintained community green spaces for you to enjoy. We also offer short term leases for those seeking flexibility. Come and experience the comfort and convenience of Sherwood Apartments.


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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, Sherwood Flats is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Sherwood Flats has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Sherwood Flats
Price·9A 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 Flats stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A 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 Flats stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
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 Flats 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 Flats 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 Flats is great for:

Pet owners

  • 1 pet grooming service nearby
  • 2 pet hospitals in the area
  • 1 pet supply store near the property

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 Flats compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 mile away
More space
The 2-bedroom is 190 sqft larger than other listings nearby
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 Flats to be 1% less than the average for similarly sized apartments in Memphis.

3-bedroom apartments at Sherwood Flats cost about 21% less than the average rent price for 3-bedroom apartments in Memphis.

Median rents as of Jun 6 2026.
Memphis
A table of studio rental data trends in Memphis
MonthMedian Rent
June 2024$782
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$1,159
November 2025$1,183
December 2025$904
January 2026$858
February 2026$1,202
March 2026$1,203
April 2026$1,193
May 2026$1,187
June 2026$1,200

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

$39,480/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,480 annually to afford this 2-bedrooms median monthly rent price of $987.
For more information on rent affordability, visit our rent calculator.

Schools near Sherwood Flats

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-

Parkway Village Elementary School

3000 claudette rd

memphis, TN, 38118

PK, K-5Public
C-

Exceptional Children Special Placements

160 s hollywood

memphis, TN, 38112

PK, K-12Public

Shrine School

4259 forest view dr

memphis, TN, 38118

PK, K-12Public
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Internet available near Sherwood Flats

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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