Median Age
36 Years
Largest Age Group
25-34 Years
Approximately 15% of Residents
Under 20
27%
Over 65
16%
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.
Median Household Income
$54,236
Average: $72,400
Education
9,003
Residents Have a Degree
Job Market
22,794
Workers Employed
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.
Education Distribution
Review this city's overall education levels.
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.
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.
Compare Cities
Explore how walkable, bikeable, drivable, and transit-friendly Sherman, TX is for everyday living.
Somewhat Walkable
Walkability
Exceptionally Drivable
Drivability
Somewhat Bikeable
Bikeability
Public
Grades K-5
382 Students
Henry W Sory Elementary School
Public
Grades K-5
615 Students
Public
Grades PK-5
408 Students
Public
Grades PK-5
837 Students
Public
Grades K-5
461 Students
Public
Grades 6-8
818 Students
Public
Grades 6-8
818 Students
Public
Grades 6-8
815 Students
Public
Grades 9-12
2,155 Students
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© 2026. All rights reserved.
† 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.