Sherman

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Sherman, TX Area Guide

Avg Rent

$1,046

Population

47,805

Renter Mix

49% Rent

Demographics

Median Household Income

$54,236

Average: $72,400

Education

9,003

Residents Have a Degree

Job Market

22,794

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

36 Years

Largest Age Group

25-34 Years

Approximately 15% of Residents

Under 20

27%

Over 65

16%

Housing Distribution

In Sherman, there are roughly the same number of renters and homeowners.

Renters
49%
Non-Renters
51%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
14%
Other Education
86%

Rent Trends

As of May 2026, the average apartment rent in Sherman, TX is $817 for a studio, $1,044 for one bedroom, $1,235 for two bedrooms, and $1,885 for three bedrooms. Apartment rent in Sherman has decreased by -7.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,044/month
717 Sq Ft
House
$1,780/month
1,595 Sq Ft
Townhome
$1,450/month
1,244 Sq Ft
See Rental Market Trends in Sherman, TX

Cost of Living

The cost of living in Sherman, TX is 8.2% lower than the national average. Generally, housing in Sherman is 16.1% less expensive than the national average, with rent falling between $817 - $1,885. You can expect to pay 7.0% less for groceries, 2.1% more for utilities, and 15.6% less for transportation.

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Getting Around

Somewhat Walkable

Walkability

30 / 100

Exceptionally Drivable

Drivability

90 / 100

Somewhat Bikeable

Bikeability

20 / 100

Schools

Fairview Elementary School

Public

Grades PK-5

294 Students

Henry W Sory Elementary School

Public

Grades PK-5

548 Students

Crutchfield Elementary School

Public

Grades PK-5

408 Students

Washington Elementary School

Public

Grades PK-5

496 Students

Wakefield Elementary School

Public

Grades K-5

325 Students

Piner Middle

Public

Grades 6-8

818 Students

Piner Middle School

Public

Grades 6-8

818 Students

Sherman Middle

Public

Grades 6-8

815 Students

Sherman High School

Public

Grades 9-12

2,155 Students

Points of Interest

Top Apartments in Sherman

Houses for Rent in Sherman

Property Management Companies in Sherman, TX

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.