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Sherman, TX Area Guide

Avg Rent

$985

Population

47,805

Renter Mix

49% Rent

Sherman, Texas carries the kind of steady, grounded energy that comes from being a place people genuinely choose to call home. As the county seat of Grayson County and the largest city in the Texoma region of North Texas, Sherman blends small-city character with real economic momentum. Texas Instruments has a major semiconductor chip manufacturing presence here, and Austin College, a respected liberal arts institution founded in 1849, anchors the city's intellectual and cultural life.

Neighborhoods here each carry a distinct feel. Downtown Sherman's Cultural District draws residents who want history and walkability close at hand, while the North Sherman area near Sherman Town Center suits those who prefer newer construction and easy retail access. The Austin College neighborhood offers tree-lined streets and a relaxed, campus-adjacent atmosphere. Across the city, the rental landscape runs the gamut, from updated apartment communities with resort-style amenities to townhomes and garden-style rentals that trade high-rise density for breathing room.

Situated about 60 miles north of Dallas along US 75, Sherman gives renters meaningful access to the broader DFW metro without the price tag or pace of city living. The city was named after General Sidney Sherman, a celebrated hero of the Texas Revolution, a legacy that still shapes local pride today.

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 August 2026, the average apartment rent in Sherman, TX is $829 for a studio, $986 for one bedroom, $1,232 for two bedrooms, and $1,855 for three bedrooms. Apartment rent in Sherman has decreased by -11.6% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$986/month
716 Sq Ft
House
$1,748/month
1,517 Sq Ft
Townhome
$1,529/month
1,368 Sq Ft
See Rental Market Trends in Sherman, TX

Cost of Living

The cost of living in Sherman, TX is 8.1% lower than the national average. Generally, housing in Sherman is 16.1% less expensive than the national average, with rent falling between $829 - $1,855. You can expect to pay 7.0% less for groceries, 2.4% more for utilities, and 15.6% less for transportation.

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Learn More About Sherman

Getting Around

Somewhat Walkable

Walkability

30 / 100

Exceptionally Drivable

Drivability

90 / 100

Somewhat Bikeable

Bikeability

20 / 100

Schools

Fairview Elementary School

Public

Grades K-5

382 Students

Henry W Sory Elementary School

Public

Grades K-5

615 Students

Crutchfield Elementary School

Public

Grades PK-5

408 Students

Dillingham Elementary School

Public

Grades PK-5

837 Students

Washington Elementary School

Public

Grades K-5

461 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

Living in Sherman

History

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Sherman takes its name from General Sidney Sherman, a Texas Revolution veteran, and became the Grayson County seat in 1846. Downtown centers on Kelly Square, where the historic Grayson County Courthouse anchors the Sherman Cultural District alongside period buildings that now hold galleries, coffee shops, and live music venues. The Sherman Jazz Museum preserves the city's music heritage in a restored downtown structure, while Kidd-Key Auditorium continues to host performances in a venue that reflects the area's architectural past. The local historic character appears in the tree-lined streets near Austin College, which has operated in Sherman since the 1870s and contributes several older academic buildings to the cityscape.

Walking through downtown, renters encounter turn-of-the-century storefronts that have been adapted for modern restaurants and retail, blending original facades with contemporary uses. The courthouse square remains a focal point for community events, and the surrounding blocks showcase the brick and limestone construction typical of North Texas county seats from that era. History surfaces throughout the area in preserved commercial buildings, vintage signage, and the layout of the original town grid, offering a sense of continuity that connects everyday errands to Sherman's 19th-century roots.

Transportation

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Sherman is a car-dependent city where most residents rely on personal vehicles for daily travel. US 75 runs north-south through town and serves as the main corridor for commuters heading south to McKinney in about 30 minutes or to Frisco and Plano in roughly 45 to 55 minutes. US 82 crosses east-west, connecting Sherman to Denison about 10 to 15 minutes away. FM 1417 and Heritage Parkway provide additional routes through the growing northern part of the city. Sherman has no local public transit system, so a car is essentially required. The nearest Amtrak station is in Gainesville, about 35 miles west and a 44-minute drive. For air travel, Dallas-Fort Worth International Airport is the closest major hub, roughly an hour south. Cyclists and walkers will find some sidewalks and green space at parks like Fairview Park and Herman Baker Park, though infrastructure for cycling commutes remains limited across the city.

Parks

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Sherman's green spaces offer a variety of outdoor experiences across the city. Fairview Park on the west side features wide-open lawns, walking trails, and ball fields, making it a popular spot for recreation and leisurely strolls. Herman Baker Park on the east side draws outdoor enthusiasts with its wooded paths and a peaceful lake overlook, ideal for quiet escapes in nature. Loy Lake Park provides additional waterfront recreation along its namesake lake. Just a short drive north, Hagerman National Wildlife Refuge offers a unique opportunity to explore protected wetlands and observe migratory birds along the shores of Lake Texoma, one of the largest reservoirs in the country.

Highlights

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Sherman is the county seat of Grayson County and the largest city in the Texoma region, offering a mix of historic downtown charm, cultural attractions like the Sherman Jazz Museum and Kidd-Key Auditorium, and convenient access to Lake Texoma and Hagerman National Wildlife Refuge. With Austin College anchoring the city's academic scene and US 75 providing easy connections to McKinney, Frisco, and Plano, Sherman balances small-city appeal with genuine metropolitan reach.

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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 June 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.