Average Rent in Sherwood, OH and Rent Price Trends

Rent trends in Sherwood, OH

Average rent prices in Sherwood have increased by 7% over the last month and have decreased by 34% 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
Sherwood, OH

Rent prices in Sherwood vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Sherwood is $1,275, whereas a house costs $2,150. 1-bedroom apartments in Sherwood run $910 on average, while 2-bedroom apartments are $1,225.


Studio	$825	-	-
1 bedroom	$895	-	-
2 bedroom	$1,250	No Change	-
3 bedroom	$2,100	2%	2%
4 bedroom	$2,195	2%	5%

		Listings
Sherwood	$1,745


Apartments	$1,275	No Change	No Change
Condos	$1,425	-	-
Houses	$2,150	2%	No Change

Studio

Average rent

$825

1 bedroom

Average rent

$895

2 bedroom

Average rent

$1,250

3 bedroom

Average rent

$2,100

Last 30 days

Last year

4 bedroom

Average rent

$2,195

Last 30 days

Last year

The table above reflects average rent prices in Sherwood, OH, 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 Sherwood, OH compare to other cities?

Compare median rent prices in Sherwood and Cherry Grove by all bedroom counts and property types.

Sherwood

Median rent price$1,515

22%

lower than the national median

Median rent price$1,700

13%

lower than the national median

Takeaway

The median rent for all rentals in Sherwood, OH is 11% lower than the median rent in Cherry Grove, OH.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,700

$1,270

$1,650

$1,000

$1,749

$2,134

$1,900

$1,150

$1,525

$1,405

$1,675

$1,615

Discover rentals in Sherwood, OH

5d+ ago

House for rent in Sherwood

1377 Collinsdale Ave, Sherwood, OH 45230

4 beds

2 baths

$2,295

House for rent

Rent special

3D tour

5d+ ago

House for rent in Sherwood

Bright 4-Bedroom Retreat

7172 Grantham Way, Sherwood, OH 45230

4 beds

2.5 baths

$2,495

House for rent

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 Sherwood, OH

Quick answers to common questions about the Sherwood rental market.

How much is rent in Sherwood?

The average rent in Sherwood is $1,515 per month as of June 6, 2026.

Is rent up or down in Sherwood?

Average rent prices in Sherwood have increased by 7% over the last month and have decreased by 34% since last year.

How does Sherwood rent compare to the national average?

Rent in Sherwood is 22% below the national average, which means renters are paying approximately $435 less per month.

What salary do I need to afford rent in Sherwood?

To comfortably afford rent in Sherwood, you'd need to earn approximately $61,000/year, based on spending no more than 30% of your income on rent.

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

Sherwood offers good options for renters with pets, as 60% of available listings welcome pets. This pet-friendly percentage applies across the rental inventory, which consists entirely of 2-bedroom and 3-bedroom apartments.

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).