Average Rent in Sherman, TX

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Current Versus Historical Sherman, TX Rents

Sherman rentals average $1,875 for a studio rental to $2,375 for a 4-bedroom rental. The median price of all currently available listings is $1,750, or roughly $1 per square feet.

For the apartment units and housing in February 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $34 (1.40%) year-over-year from $2,433 to $2,468. 1-bedroom rentals prices have increased by $243 (27.64%) year-over-year from $878 to $1,120. 2-bedroom rentals prices have increased by $47 (3.89%) year-over-year from $1,198 to $1,245. 3-bedroom rentals prices have increased by $109 (6.62%) year-over-year from $1,641 to $1,750. 4-bedroom rentals prices have increased by $269 (12.93%) year-over-year from $2,081 to $2,350. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 32.96% this month. 1-bedroom rents have gone up by 1.36% this month. 2-bedroom rents have gone down by 3.36% this month. 3-bedroom rents have gone up by 3.30% this month. 4-bedroom rents have gone up by 0.39% this month.

Beds	Price / Sqft	Feb 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$0.85	$2,468	$2,433 (1.40%)	$622 (296.70%)
1 BR	$1.87	$1,120	$878 (27.64%)	$738 (51.86%)
2 BR	$1.34	$1,245	$1,198 (3.89%)	$1,158 (7.50%)
3 BR	$1.23	$1,750	$1,641 (6.62%)	$1,582 (10.60%)
4+ BR	$1.14	$2,350	$2,081 (12.93%)	$1,938 (21.29%)

Historical Rents in Sherman, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Sherman

There are a total of 1 cities nearby Sherman. The average rent in Sherman is currently $1,525 per month. Only one city nearby has an average rent lower than that. Our records show that Denison, TX, with an average rent of $1,525, is the most affordable city nearby. In contrast, the most expensive city near Sherman, TX is Denison, TX. Monthly rents here are on average $1,525 per month.

Let's compare Sherman, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Sherman, TX is 28.00% more affordable than other cities nearby. One bedrooms are about 2.68% more affordable. Two bedrooms in Sherman, TX are about 2.41% more affordable. Finally, rent for three bedrooms are about 10.79% more expensive. Want more information? Check out the top 1 cities near Sherman, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Denison, TX	$2,400	$1,150	$1,275	$1,525

Top Neighborhoods Near Sherman

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Sherman

The average rent for rentals in these counties is $1,950. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is East Grayson, TX. It's average rent per month is $1,700. Vice versa, with an average rent of $2,200, Northwest Grayson, TX is the most expensive county by Sherman, TX.

Typically, rent for studios in Sherman, TX is 1.33% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Sherman, TX is 14.71% more affordable than other counties nearby. Finally, rent for two bedrooms in Sherman, TX is 130.92% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
East Grayson, TX	$2,000	$1,120	$1,250	$1,700
Northwest Grayson, TX	$1,700	$1,450	$4,500	$2,200

Top Zipcodes Near Sherman

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Sherman Average Rents

What is the average rent price in Sherman, TX?

The average monthly rental price for Sherman, TX apartments for rent is approximately $1,750. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Sherman, TX rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Sherman, TX.

How much is a studio apartment in Sherman, TX?

The average monthly rental price for studio apartments is $1,875 and an average price per square feet of $0.85. There are a total of 37 studio apartment listings currently available for rent in Sherman.

How much is a one bedroom apartment in Sherman, TX?

The average monthly rental price for one bedroom apartments is $1,120 and an average price per square feet of $1.87. There are a total of 7 one bedroom apartment listings currently available for rent in Sherman.

How much is a two bedroom apartment in Sherman, TX?

The average monthly rental price for two bedroom apartments is $1,245 and an average price per square feet of $1.34. There are a total of 17 two bedroom apartment listings currently available for rent in Sherman.

How have rent prices in Sherman, TX changed this year?

Rent prices for rentals in Sherman, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by 0.28%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.07% year-over-year.

What is a reasonable rent price in Sherman, TX?

A reasonable rent price in Sherman, TX is around $1,400/month. You can search for these reasonably priced rental listings on RentHop.