Zumper
modified
5+ Days Ago

Highlights

  • Keyless entry
  • Quartz countertops
  • Professionally managed
  • Stainless appliances
  • Washer and dryer in unit
  • Full-size washer & dryer

Location

131 S Sherman St, Spokane, WA 99202, USA|East Central
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Contact

Management

Carlson & Co Property Management

Leasing office

(844) 334-0251 ext. 3359

Property Overview

131 South Sherman Street presents a strong opportunity for renters, earning an impressive overall Zumper rating of 8.5 out of 10, with notable strengths in price and location, rated 9 out of 10. The property features modern amenities such as keyless entry and stainless appliances, while being ideally situated near schools, health facilities, cultural centers, and numerous dining options. Its layout supports wellness, social engagement, and remote work, enhancing the overall 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.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, 131 South Sherman Street is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 131 South Sherman Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • High school nearby

Great for

  • Work-from-home
  • Wellness
  • Social life

Floor plans

131 South Sherman Street - 91 bed1 bath650 sqft$1,350 /mo1 unit availableWelcome to Sherman Flats, professionally managed by Carlson and Company (4.9 stars on Google). The Sherman Flats building has been reimagined and given a new life, and with that new life, a new place to call home! Retaining the timeless original exterior architecture and abundant natural lighting, a complete building overhaul (new everything) provides state of the art technology such as keyless entry, washer and dryer in unit, Nest video doorbell's, industry leading energy efficiency (heat and air conditioning designed for Spokane's extreme temperatures present and future) and high-end luxury finishes like quartz countertops, stainless appliances, slide in range and full-size washer & dryer within each unit. Located just minutes on foot, in a car or a Lime scooter from campus', downtown, riverfront park, medical facilities and all of the dining and shopping you could ask for. Bountiful free street parking and a shuttle from Sherman & Pacific to U-District and hospitals. Sherman Flats i

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About 131 South Sherman Street

HomeApartments in SpokaneEast Central 131 South Sherman Street

Welcome to Sherman Flats, professionally managed by Carlson and Company (4.9 stars on Google). The Sherman Flats building has been reimagined and given a new life, and with that new life, a new place to call home! Retaining the timeless original exterior architecture and abundant natural lighting, a complete building overhaul (new everything) provides state of the art technology such as keyless entry, washer and dryer in unit, Nest video doorbell's, industry leading energy efficiency (heat and air conditioning designed for Spokane's extreme temperatures present and future) and high-end luxury finishes like quartz countertops, stainless appliances, slide in range and full-size washer & dryer within each unit. Located just minutes on foot, in a car or a Lime scooter from campus', downtown, riverfront park, medical facilities and all of the dining and shopping you could ask for. Bountiful free street parking and a shuttle from Sherman & Pacific to U-District and hospitals. Sherman Flats is sure to be the beginning of the future for Spokane. This building has 1 two-bedroom unit and 8 one-bedroom units. In-person showings can be scheduled based on availability by contacting Carlson and Company at (509)919-9099 or **** . Deposit and last month's rent due at signing. No smoking allowed. Rental Criteria Application approval is based on the following: 650 Minimum Credit Score 1 Year Positive Rental or Mortgage history Verification of 2.5x the monthly rent in income. No Evictions and No Sex Offenses. Application considered with a co-signer if the following are not met: Credit Score Less than 650 . Less than 1 year of Positive Rental or Mortgage Payment History Income less than 2x monthly rent in income. Apply online here - https carlsoncommercialmanagement managebuilding com Resident public home


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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, 131 South Sherman Street is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 131 South Sherman Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 131 South Sherman Street
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.
131 South Sherman Street 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·8A 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.
With multiple in-demand amenities, 131 South Sherman Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
131 South Sherman Street 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·8A 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.
Anyone looking for quality at a great value will find 131 South Sherman Street to be an attractive option. Renters can also rely on this rental to provide them with accurate information they need to find the living experience they desire.
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.

131 South Sherman Street is great for:

Work-from-home

  • 11 office supply stores within 1 mile
  • 6 internet service provider options nearby
  • 4 coworking spaces or cafes within 1 mile
  • Large windows for natural lighting

Wellness

  • Ample windows and natural lighting
  • 8 farmers markets or health food stores nearby
  • 36 sports facilities (like tennis courts) nearby
  • HVAC systems available onsite

Social life

  • 244 restaurants within 1 mile of this property
  • 388 mixed-use spaces nearby
  • 117 museums, art galleries, or cultural centers within 1 mile
  • 38 local event hubs within 1 mile

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 131 South Sherman Street compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.2 mile away
High school nearby
There is a high school 0.3 mile away

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Grow a garden indoors
A balcony, backyard, or shared outdoor space isn't available
No in-unit dishwasher
Dishwashers aren't available

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Rent trends in East Central

1-bedroom apartments at 131 South Sherman Street cost about 6% less than the average rent price for 1-bedroom apartments in East Central.

Median rents as of Nov 15 2025.
East Central
Spokane
A table of studio rental data trends in Spokane
MonthMedian Rent
December 2023$1,086
January 2024$1,095
February 2024$1,060
March 2024$1,117
April 2024$1,061
May 2024$1,057
June 2024$1,104
July 2024$1,183
August 2024$1,134
September 2024$1,107
October 2024$1,026
November 2024$1,064
December 2024$1,091
January 2025$1,095
February 2025$1,092
March 2025$1,096
April 2025$1,135
May 2025$1,057
June 2025$1,014
July 2025$967
August 2025$973
September 2025$950
October 2025$921
November 2025$906
A table of studio rental data trends in East Central
MonthMedian Rent
December 2023$1,249
January 2024$1,289
February 2024$1,274
March 2024$1,258
April 2024$1,245
May 2024$1,329
June 2024$1,297
July 2024$1,296
August 2024$1,287
September 2024$1,260
October 2024$1,251
November 2024$1,206
December 2024$1,166
January 2025$1,168
February 2025$1,162
March 2025$1,163
April 2025$1,155
May 2025$1,193
June 2025$1,196
July 2025$1,198
August 2025$1,221
September 2025$1,216
October 2025$1,199
November 2025$1,199

Affordability calculator

Can I afford to live at 131 S Sherman St?

Bedrooms

1 bedroom

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

$54,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $54,000 annually to afford this 1-bedroom monthly rent price of $1,350.
For more information on rent affordability, visit our rent calculator.

Schools near 131 South Sherman Street

Stevens Elementary School

1717 e sinto ave

spokane, WA, 99202

PK, K-5Public
C+

Libby Center

2900 e 1st ave

spokane, WA, 99202

K-8Public
A

Bryant Center

n 910 ash st

spokane, WA, 99201

PK, K-12Public
B
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Neighborhood

East Central | Spokane, WA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Spokane near 131 S Sherman St

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

6/10
Frequent public transit options are within walking distance.

Points of interest for 131 S Sherman St, Spokane

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

6/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

4/10
No elementary schools within a 30-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

5/10
Some bars within walking distance

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