Last updated on August 12, 2026

Average rent in
Sherman, TX

Key takeaways for renters

  • The bottom line

    Sherman, TX rent slipped 3.1% year over year, with a current median of $1,550/month. Renters today are paying $75 less per month on average than last year, despite a 2.9% month-over-month increase in August 2026.

  • Sherman sits 19.5% more affordable than the $1,925/month national median, with 268 total rentals offering a smaller but accessible market for renters.

  • Price ranges

    Studios in Sherman rent for $799/month, 1-bedrooms for $1,097/month, and 2-bedrooms for $1,300/month. Larger units include 3-bedrooms at $1,645/month and 4+ bedrooms at $2,195/month. This range reflects the variety of bedroom options available to renters.

Median rent

Median rent in Sherman

$1,550/mo

decreased by3%

vs previous year

The average rent in Sherman is $1,550 per month as of August 2026. This is 19% below the national average rent, or $375 less per month.

$1.20

average price per square foot

Total rentals

Available rentals in Sherman

268

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Sherman rentals at each price point

45%34%23%11%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Sherman, TX

Average rent prices in Sherman have increased by 3% over the last month and have decreased by 3% 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 $1,325, whereas a house costs $1,695. 1-bedroom apartments in Sherman run $1,150 on average, while 2-bedroom apartments are $1,495.

Listings

Studio

$799

No Change

80%

1 bedroom

$1,097

2%

2%

2 bedroom

$1,300

No Change

5%

3 bedroom

$1,645

1%

8%

4 bedroom

$2,195

5%

1%

Studio

Average rent

$799

Last 30 days

No Change

Last year

80%

1 bedroom

Average rent

$1,097

Last 30 days

2%

Last year

2%

2 bedroom

Average rent

$1,300

Last 30 days

No Change

Last year

5%

3 bedroom

Average rent

$1,645

Last 30 days

1%

Last year

8%

4 bedroom

Average rent

$2,195

Last 30 days

5%

Last year

1%

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$1,550
decreased by19%

lower than the national median

Median rent price$1,786
decreased by7%

lower than the national median

Takeaway

The median rent for all rentals in Sherman, TX is 13% lower than the median rent in Addison, TX.

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 & Services2% lower
Groceries7% lower
Health9% lower
Housing16% lower
Transportation16% lower
Utilities2% higher

Discover rentals in Sherman, TX

Steeple Chase Farms - Photo 1 of 1

2d ago

9.3

Excellent

Our team has verified this company

Verified

Steeple Chase Farms

3621 Steeple Chase Dr, Sherman, TX 75092

1–3 beds

1–2 baths

$868–$1,533

Apartment for rent

Call

600 E Rosedale St #B - Photo 1 of 1

5d+ ago

House for rent in Sherman

600 Rosedale Street - B

600 E Rosedale St #B, Sherman, TX 75090

2 beds

1 bath

$895

House for rent

Available May 6

802 N Crockett St #F - Photo 1 of 1

5d+ ago

Apartment for rent in Sherman

APARTMENT - Other - Sherman, TX

802 N Crockett St #F, Sherman, TX 75090

2 beds

1 bath

$900

Apartment for rent

802 N Crockett St #C - Photo 1 of 1

5d+ ago

Apartment for rent in Sherman

APARTMENT - Other - Sherman, TX

802 N Crockett St #C, Sherman, TX 75090

2 beds

1 bath

$900

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 $1,550 per month as of August 8, 2026.

Is rent up or down in Sherman?

Average rent prices in Sherman have increased by 3% over the last month and have decreased by 3% since last year.

How does Sherman rent compare to the national average?

Rent in Sherman is 19% below the national average, which means renters are paying approximately $375 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?

Based on Zumper's July 2026 data, one-bedroom apartments in Sherman average around $1,170/month and two-bedrooms approximately $1,320/month. Both sizes are running a little softer than last year, with one-bedrooms down 14.2% and two-bedrooms down 14.5% year over year.

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).

Apartments for rent in Addison