Apartments for Rent in Sherwood, AR

Prices and availability in Sherwood, AR were last updated on 12 Nov 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 $757 and $1,617.

The price range for a 2-bedroom apartment in Sherwood, AR is between $935 and $2,169.

The price range for a 3-bedroom apartment in Sherwood, AR is between $1,176 and $4,000.

In Sherwood, 29% of the residents are renting compared to 71% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Sherwood's rentals, 48% are small-scale complexes with under 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.