Apartments for Rent in Sherwood, AR

Prices and availability in Sherwood, AR were last updated on 21 Aug 2026.

The best apartments in Sherwood, AR are: Sherwood Trails, The Links at Sherwood, Shadow Oaks Condominiums, 101 Bearskin Dr and 106 Willow Grove Ct.

The average rent in Sherwood, AR is $909.

The price range for a 1-bedroom apartment in Sherwood, AR is between $815 and $1,704.

The price range for a 2-bedroom apartment in Sherwood, AR is between $915 and $1,819.

The price range for a 3-bedroom apartment in Sherwood, AR is between $1,131 and $4,000.

In Sherwood 29% of the housing is rented out compared to 71% of homes are owned, according to the most recent Census Bureau estimates. 6% of Sherwood's apartments are found in large buildings of 50 units or more, 48% are located in smaller apartment complexes with less than 50 units, and 37% are single-family rentals.

The average age of rental buildings in Sherwood is 31 years old, with 16% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Sherwood come in a range of sizes and floorplans. Studio apartments represent 1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 38% of the total apartments in the city, while 2-bedroom floorplans represent around 44% of all rentals in Sherwood. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.