Last updated on June 28, 2026

Average rent in
Sherman, TX

Key takeaways for renters

  • The bottom line

    Sherman, TX rent slipped 6.4% year over year, with a current median of $1,544/month. Renters are paying $79 less per month on average than last year, continuing a downward trend from the peak of $1,700/month in July 2024.

  • Sherman is 20.8% more affordable than the $1,950/month national median, providing a lower-cost option for renters despite a smaller inventory of 164 total rentals.

  • Rent ranges by bedroom

    Studios rent for $799/month, 1-bedrooms for $1,124/month, and 2-bedrooms for $1,299/month. Larger units include 3-bedrooms at $1,675/month and 4+ bedrooms at $2,195/month. The bedroom mix is weighted toward 3-bedroom units, which make up 52.7% of total rentals.

  • Neighborhood spotlight

    The 1-bedroom segment in Sherman climbed 9.0% year over year, diverging from the overall citywide decline of 6.4%. This increase contrasts with the broader downward trend in rents across Sherman, TX.

Median rent

Median rent in Sherman

$1,544/mo

decreased by6%

vs previous year

The average rent in Sherman is $1,544 per month as of June 2026. This is 21% below the national average rent, or $405 less per month.

$1.15

average price per square foot

Total rentals

Available rentals in Sherman

164

for rent on Zumper.com as of June 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 decreased by 2% over the last month and have decreased by 6% 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 $1,300, whereas a house costs $1,722. 1-bedroom apartments in Sherman run $1,150 on average, while 2-bedroom apartments are $1,333.

Listings

Studio

$799

25%

196%

1 bedroom

$1,124

1%

6%

2 bedroom

$1,299

2%

No Change

3 bedroom

$1,675

2%

8%

4 bedroom

$2,195

No Change

5%

Studio

Average rent

$799

Last 30 days

25%

Last year

196%

1 bedroom

Average rent

$1,124

Last 30 days

1%

Last year

6%

2 bedroom

Average rent

$1,299

Last 30 days

2%

Last year

No Change

3 bedroom

Average rent

$1,675

Last 30 days

2%

Last year

8%

4 bedroom

Average rent

$2,195

Last 30 days

No Change

Last year

5%

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$1,544
decreased by21%

lower than the national median

Median rent price$1,834
decreased by6%

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.

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

Ridgeview - Photo 1 of 1
Rent special

1d ago

9.3

Excellent

Our team has verified this company

Verified

Ridgeview

1800 W Washington St, Sherman, TX 75092

1–3 beds

1–2 baths

$645–$950

Apartment for rent

Call

600 E Rosedale St #B - Photo 1 of 1

1d 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 #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

1615-1619 N Alexander Street - Photo 1 of 1

2d ago

8

Very good

1615-1619 N Alexander Street

1615 N Alexander St, Sherman, TX 75092

2 beds

1 bath

$950

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 $1,544 per month as of June 27, 2026.

Is rent up or down in Sherman?

Average rent prices in Sherman have decreased by 2% over the last month and have decreased by 6% since last year.

How does Sherman rent compare to the national average?

Rent in Sherman is 21% below the national average, which means renters are paying approximately $405 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?

Sherman's 2025 rental market shows one-bedroom apartments averaging around $1,300 per month, while two-bedroom units rent for around $1,400 monthly. One-bedroom rents have risen 3.9% from the previous year, whereas two-bedroom prices declined 13.7% over the same period.

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