Average Rent in Sherman, TX and Rent Price Trends

Rent trends in Sherman, TX

Average rent prices in Sherman have remained the same over the last month and have decreased by 1% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Sherman, TX

Rent prices in Sherman vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Sherman is $1,225, whereas a house costs $1,685. 1-bedroom apartments in Sherman run $1,100 on average, while 2-bedroom apartments are $1,250.


Studio	$780	8%	18%
1 bedroom	$1,050	2%	7%
2 bedroom	$1,225	2%	No Change
3 bedroom	$1,645	1%	6%
4 bedroom	$2,172	2%	4%


Apartments	$1,225	3%	No Change
Condos	$1,195	2%	10%
Houses	$1,685	No Change	No Change
Rooms	$707	No Change	-

Studio

Average rent

$780

Last 30 days

Last year

18%

1 bedroom

Average rent

$1,050

Last 30 days

Last year

2 bedroom

Average rent

$1,225

Last 30 days

Last year

No Change

3 bedroom

Average rent

$1,645

Last 30 days

Last year

4 bedroom

Average rent

$2,172

Last 30 days

Last year

The table above reflects average rent prices in Sherman, TX, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Sherman, TX compare to other cities?

Compare median rent prices in Sherman and Addison by all bedroom counts and property types.

Sherman

Median rent price$1,549

18%

lower than the national median

Median rent price$1,849

lower than the national median

Takeaway

The median rent for all rentals in Sherman, TX is 16% lower than the median rent in Addison, TX.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,849

$1,997

$1,475

$1,632

$2,606

$1,795

$2,295

$2,263

$2,250

$2,195

$2,350

$2,295

Cost of living in Sherman, TX

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses accrued by most renters	Average cost compared to national average
Goods & Services	2% lower
Groceries	7% lower
Health	9% lower
Housing	16% lower
Transportation	16% lower
Utilities	2% higher

Discover rentals in Sherman, TX

14h ago

9.3

Excellent

Verified

Steeple Chase Farms

3621 Steeple Chase Dr, Sherman, TX 75092

1–3 beds

1–2 baths

$868–$1,465

Price drop

Call

3d ago

House for rent in Sherman

607 S Austin St, Sherman, TX 75090

2 beds

1 bath

$1,200

$875

Price drop

5d+ ago

Apartment for rent in Sherman

608 Rosedale Street - B

608 E Rosedale St #B, Sherman, TX 75090

2 beds

1 bath

$895

Rent special

5d+ ago

Apartment for rent in Sherman

Park Place Apartments

1420 Park Pl #000, Sherman, TX 75092

2 beds

1 bath

$925

Rent special

3D tour

5d+ ago

Apartment for rent in Sherman

Park Place Apartments

1420 Park Pl #001, Sherman, TX 75092

2 beds

1 bath

$925

702/704 S. Montgomery St. - Photo 1 of 1

3d ago

7.7

Very good

702/704 S. Montgomery St.

702/704 S. Montgomery St., Sherman, TX 75090

2 beds

1 bath

$950

5d+ ago

House for rent in Sherman

806 E Scott St, Sherman, TX 75090

2 beds

1 bath

$975

5d+ ago

House for rent in Sherman

315 S Loving Ave #NEW, Sherman, TX 75090

2 beds

1 bath

$995

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

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Frequently asked questions for Sherman, TX

Quick answers to common questions about the Sherman rental market.

How much is rent in Sherman?

The average rent in Sherman is $1,549 per month as of September 26, 2026.

Is rent up or down in Sherman?

Average rent prices in Sherman have remained the same over the last month and have decreased by 1% since last year.

How does Sherman rent compare to the national average?

Rent in Sherman is 18% below the national average, which means renters are paying approximately $351 less per month.

What salary do I need to afford rent in Sherman?

To comfortably afford rent in Sherman, you'd need to earn approximately $62,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Sherman?

June offers the best rental deals in Sherman, with rents running 5.7% lower than April's peak pricing. This seasonal pattern means summer apartment hunting can save you money compared to spring searches.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).