Shaw House
2300 North Friendship Rd,
Sherman, TX 75092
$1,215 - $2,416
1-3 Beds
Rental Market Trends in Sherman, TX
What is the average rent in Sherman, TX?
$1,094/month
Average Rent
718 Sq Ft
Average Apartment Size
-3.5%
Decrease in the Last Year
As of January 2026, the average rent in Sherman, TX is $1,094 per month. This is 33% lower than the national average rent of $1,625/month, making renting in Sherman more affordable than most cities in the US. When you rent an apartment in Sherman, you can expect to pay about $845 per month for a studio, $1,094 for a one-bedroom apartment, and around $1,268 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,942 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Sherman, TX?
In the past year, rent has decreased by 3.5%, which averages out to $38 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025
2026
Rent Ranges in Sherman, TX
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
27%
$700 - $1,000/month
57%
$1,001 - $1,500/month
11%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Sherman?
Based on current rent prices, Austin Landing, Northside on Travis and Pebblebrook are the most affordable neighborhoods in Sherman.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Sherman?
Based on current rent prices, Pebblebrook, Austin Landing and Northside on Travis are the most expensive neighborhoods in Sherman.
Neighborhood
Average Rent
Average Sq Ft
Which Sherman neighborhoods have the most rentals available?
The neighborhoods in Sherman with the most apartments available are Austin Landing, Pebblebrook and Northside on Travis .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Sherman, TX?
Because the average rent in Sherman is $1,094, you’ll want to make about $3,646 per month or $43,752 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Sherman, TX is 8.1% lower than the national average. Generally, housing in Sherman is 16.0% less expensive than the national average, with rent falling between $845 - $1,942. You can expect to pay 7.1% less for groceries, 2.1% more for utilities, and 15.6% less for transportation.
How does Sherman, TX compare to other nearby cities and neighborhoods?
Use the tool below to compare Sherman, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
Apartment communities in Sherman we think you'll love
Property Management Companies in Sherman, TX
Myan Management Group
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43
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6,654
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Willow Bridge
-
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ZRS Management
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338
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The Cantrell Company
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25
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Greystar
-
3,444
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950,573
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887
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1 Community in Sherman
RPM
-
624
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-
171,007
Units
-
243
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1 Community in Sherman
Alexander Forrest Investments, LLC
-
95
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-
10,338
Units
-
62
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1 Community in Sherman
Sunridge Management Group Inc
-
76
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-
14,185
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57
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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 November 2025.
* Percentages may not total 100 due to rounding.