Rentometer, Inc. | Data as of 10/23/2025
Sherman, Texas offers a diverse rental market that caters to a wide range of lifestyle preferences, from vibrant downtown apartments to spacious family homes in quiet suburbs. Apartment seekers can find studios and one‑bedroom units comfortably priced in the $1,000 range, with studios averaging around $1,030 and a median near $900. One‑bedroom apartments tend to sit in the $1,100 bracket, while two‑bedroom options typically fall within the $1,200–$1,300 range. Larger three‑bedroom apartments are available in the $1,700–$1,800 range, providing ample space for growing households.
For those who prefer the privacy of a house, Sherman’s residential neighborhoods deliver a strong selection of rentals. One‑bedroom houses are generally priced in the $1,000 range, and two‑bedroom homes hover around $1,300. Three‑bedroom houses commonly rent in the $1,700 bracket, while larger four‑plus bedroom homes command prices in the $2,300 range. Popular districts such as the historic downtown area, the family‑friendly Southside, and the university‑adjacent College Hill neighborhood each offer their own unique blend of amenities, schools, and local attractions.
Beyond the rental options, Sherman boasts cultural highlights like the Sherman Museum, scenic parks along the Red River, and easy access to Austin College. Its central location within North Texas provides convenient commuting to Dallas‑Fort Worth while maintaining a welcoming, small‑city atmosphere. Whether you’re looking for a modern apartment close to nightlife or a spacious house near top‑rated schools, Sherman’s rental market delivers flexibility, quality, and a strong sense of community.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,031 | $909 | $600 - $1,716 | $750 - $1,295 |
| Apartment | 1 Bedroom | $1,109 | $1,055 | $728 - $2,410 | $927 - $1,200 |
| Apartment | 2 Bedroom | $1,304 | $1,220 | $843 - $1,924 | $1,071 - $1,505 |
| Apartment | 3 Bedroom | $1,754 | $1,660 | $1,209 - $2,425 | $1,497 - $2,000 |
| House | 1 Bedroom | $1,041 | $1,000 | $975 - $1,150 | $975 - $1,150 |
| House | 2 Bedroom | $1,298 | $1,275 | $795 - $1,650 | $1,150 - $1,450 |
| House | 3 Bedroom | $1,780 | $1,750 | $900 - $2,600 | $1,595 - $1,980 |
| House | 4+ Bedroom | $2,368 | $2,350 | $1,425 - $7,500 | $2,000 - $2,500 |
In the current period, the average rent in Sherman was $1,031 for Studio, $1,106 for 1 Bedroom, $1,303 for 2 Bedroom, $1,776 for 3 Bedroom, and $2,292 for 4+ Bedroom.
Data provided by Rentometer, Inc.