Updated 5+ Days Ago
Location
702 Sherman St, Danville, IL 61832, USA
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Property Overview
702 Sherman earns a strong overall rating with excellent marks for price, location, and amenities, suggesting solid value and convenient access to nearby points of interest and transit. Its value-for-money ranking is above average, and the nearby high school is less than a mile away, adding to its appeal for renters looking for convenience and a well-rounded property.
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
High school nearby
Great for
Social life
Floor plans
| 702 Sherman Street - 3 | 1 bed | 1 bath | 530 sqft | $745 /mo |
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Amenities for 702 Sherman
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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 1 |
|---|
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About 702 Sherman
702 Sherman cost $745 per month. A couple amenities for this apartment building include but are not limited to: on-site laundry. Located at 702 Sherman St, Danville, IL 61832, USA, 702 Sherman has 1 bedroom units available. Based on the average rent price of 1 bedroom in Danville, renting an apartment at 702 Sherman is 4% cheaper per month.
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 702 Sherman is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 702 Sherman 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.
702 Sherman 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, 702 Sherman 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.
702 Sherman 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 702 Sherman does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
702 Sherman provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
702 Sherman 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 702 Sherman compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Danville
1-bedroom apartments at 702 Sherman cost about 4% less than the average rent price for 1-bedroom apartments in Danville.
Median rents as of Jul 25 2026.
Danville
| Month | Median Rent |
|---|---|
| January 2026 | $475 |
| February 2026 | $575 |
| March 2026 | $625 |
| April 2026 | $425 |
| May 2026 | $625 |
| June 2026 | $665 |
| July 2026 | $665 |
Affordability calculator
Can I afford to live at 702 Sherman St?
Bedrooms
1 bedroomRent-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
$29,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $29,800 annually to afford this 1-bedroom monthly rent price of $745.
For more information on rent affordability, visit our rent calculator.
Schools near 702 Sherman
Liberty Elementary School
20 e liberty ln
danville, IL, 61832
K-4Public
C+
Salt Fork North Elementary School
216 n webster st
catlin, IL, 61817
PK, K-5Public
B-
Potomac Elementary School
7915 us route 136
potomac, IL, 61865
PK, K-8Public
C
Salt Fork South Elementary School
7087 n 600 east rd
sidell, IL, 61876
PK, K-5Public
C+
Armstrong-Ellis Elementary School
po box 7
armstrong, IL, 61812
K-8Public
B
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Internet available near 702 Sherman
Neighborhood
Getting around Danville near 702 Sherman St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 702 Sherman St, Danville
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
4/10
Some shops within a short drive
Cafes
3/10
Some cafés within a short drive
Restaurants
5/10
Variety of restaurants within a short drive
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Nightlife
4/10
Variety of bars within a short drive
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