Sutton Flats
10001 Cedar Creek Dr,
Sherman, TX 75090
1-2 Beds | $914 - $1,379
Rental Market Trends in Sherman, TX
Updated July 2026
The average rent in Sherman, TX is $987/month.
Rent in Sherman is 41% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$987/month
Average Rent
716 Sq Ft
Average Size
-11.7%
Change / Year
1,064
Available Apartments
Sherman rent varies by unit size and layout:
- Studio apartments in Sherman average $823 per month.
- One-bedroom apartments in Sherman average $987 per month.
- Two-bedroom apartments in Sherman average $1,233 per month.
- Three-bedroom apartments in Sherman average $1,869 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Sherman, TX?
In the past year, rent has decreased by 11.7%, which averages out to $115 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Sherman, TX
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
36%
$700 - $1,000/month
56%
$1,001 - $1,500/month
7%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Sherman, TX?
Because the average rent in Sherman is $987, you’ll want to make about $3,290 per month or $39,480 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 16.1% less expensive than the national average, with rent falling between $823 - $1,869. You can expect to pay 7.0% less for groceries, 2.4% 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.
View the Sherman Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Sherman We Think You'll Love
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Frequently Asked Questions
What is the average rent in Sherman?
The average rent in Sherman is $987 per month, which is 40.6% lower than the national average of $1,663.
What is the average rent for a house in Sherman?
The average rent for a house in Sherman, TX is $1,688 per month.
What is the average rent for a townhome in Sherman?
The average rent for a townhome in Sherman, TX is $1,271 per month.
Are rents going up or down in Sherman?
Rents in Sherman, TX are decreasing, with prices down 11.7% year-over-year and $115 less per month.
What rent range is most common in Sherman?
In Sherman, TX, 56% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.
* Percentages may not total 100 due to rounding.