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Rental Market Trends in Sherman, TX

What is the average rent in Sherman, TX?Choose another area

The average rent in Sherman, TX, as of July 2025, is approximately $517 per month for all property types. Rent prices can vary depending on the neighborhood and the type of rental property. Rent prices are influenced by factors like neighborhood popularity, proximity to amenities, and the overall housing market trends in the city.

USA
Market summary

Data is based on rental rates on sulekha.com. Last updated in July  2025.

Average Rental Price Over Time

How much has the average rent changed in Sherman, TX?

The average rent for all property types is $517,which is 0% increase compared to the previous year.

  • 2023
  • 2024

Occupied Housing Units in Sherman, TX

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    $517

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    Answers to Your Rental Questions

    We've got answers to your most common questions about rentals, from property listings to pricing trends and everything in between.
    • What is the average rent in Sherman, TX?

      The average rent in Sherman, TX is around $517 per month. However, this can vary depending on the neighborhood, the size of the rental unit, and the property's condition. For example, rents are typically higher in desirable areas close to amenities and popular destinations. Larger apartments or homes with multiple bedrooms or modern amenities can also be more expensive. Keep these factors in mind when searching for a rental in Sherman, TX.

    • How many rentals are available in Sherman, TX?

      Currently, there are 1 rental properties available in Sherman, TX. This includes a variety of options such as apartments, condos, town homes, single-family homes, single rooms, shared rooms and pg accommodations catering to different budgets and preferences. So, if you're looking for a place to rent in Sherman, TX, you have plenty of choices to explore!

    • What are the best neighborhoods to rent in Sherman, TX?

      If you're looking for budget-friendly neighborhoods in Sherman, TX, consider these options:

      • Fairmount: Average rent is $1500 per month.
      • Greater Hillside\Morningside: Average rent is $1500 per month.
      • Historic Southside: Average rent is $1500 per month.
      • Morningside: Average rent is $1500 per month.
      • Glenhollow Estates North: Average rent is $1000 per month.
      • Villas at Valley Ranch: Average rent is $900 per month.
      These neighborhoods offer rental rates lower than the city's overall average, making them attractive options for renters.

    • What are the most affordable neighborhoods in Sherman, TX?

      The most expensive neighborhoods in Sherman, TX are:

      • Shiloh Ridge: Average rent is $599 per month.
      • Villas of Andalus: Average rent is $599 per month.
      • Wyndemere: Average rent is $850 per month.
      • Barrington: Average rent is $600 per month.
      • Cantera: Average rent is $599 per month.
      • Firewheel Estates: Average rent is $599 per month.

    • How much has the average rent changed in Sherman, TX?

      Over the past year, the average rent in Sherman, TX have increased by approximately 0%, which translates to $43 per month. This change reflects shifting market trends and evolving housing demand in the area, impacting renters' costs and affordability.

    • How much has the rent in Sherman, TX increased or decreased in the last month?

      The Average rent price in Sherman, TX for July 2025 is $517, which is $33 less than in June.

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