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Rental Market Trends in Sherwood, AR

What is the average rent in Sherwood, AR?

$761/month

Average Rent

772 Sq Ft

Average Apartment Size

+0.1%

Increase in the Last Year

As of June 2025, the average rent in Sherwood, AR is $761 per month. This is 53% lower than the national average rent of $1,628/month, making renting in Sherwood more affordable than most cities in the US. When you rent an apartment in Sherwood, you can expect to pay about $607 per month for a studio, $761 for a one-bedroom apartment, and around $852 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,140 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$607/month
224 Sq Ft
One Bedroom
$761/month
772 Sq Ft
Two Bedroom
$852/month
1,010 Sq Ft
Three Bedroom
$1,140/month
1,254 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,329/month
1,500 Sq Ft
Four Bedroom
$1,830/month
1,778 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,368/month
1,337 Sq Ft

How much has average rent changed in Sherwood, AR?

In the past year, rent has increased by 0.1%, which averages out to $1 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Sherwood, AR
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Sherwood, AR
Percentage*
Rent Range
17% Below $700/month
67% $700 - $1,000/month
17% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Sherwood, AR?

Because the average rent in Sherwood is $761, you’ll want to make about $2,536 per month or $30,432 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.

City

Sherwood, AR

171 Available Apartments for Rent

Search for Nearby Apartments

How does Sherwood, AR compare to other nearby cities and neighborhoods?

Use the tool below to compare Sherwood, AR 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.

Explore the Area Guide for Sherwood, AR

Apartment Averages

Nearby City Rent Trends

  • Jacksonville Average Rent
  • North Little Rock Average Rent
  • Little Rock Average Rent

Apartment communities in Sherwood we think you'll love

The Retreat at Sherwood

The Retreat at Sherwood

100 Manson Rd,
Sherwood, AR 72120

1-3 Beds | $875 - $1,250

The Versailles Apartment Homes

The Versailles Apartment Homes

4401 E 46th St,
North Little Rock, AR 72117

1-3 Beds | $1,160 - $1,650

Fairfax Crossing

Fairfax Crossing

5900 Mccain Pl,
North Little Rock, AR 72117

1-4 Beds | $825 - $1,025

The Links at Sherwood

The Links at Sherwood

3434 E Kiehl Ave,
Sherwood, AR 72120

1-2 Beds | $800 - $915

Learn More with Helpful Articles

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Better safe than sorry! Protect yourself(and your stuff) with renters insurance.

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United States Arkansas Sherwood Rental Trends

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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity