Apartments for Rent in Sherwood, OR

Prices and availability in Sherwood, OR were last updated on 23 Aug 2026.

The best apartments in Sherwood, OR are: Township Sherwood, Cannery Row, Stewart Terrace Senior Apartments, Duck Country-Linnwood and Pacific Park Sherwood Apartments.

The average rent in Sherwood, OR is $1,983.

In Sherwood 28% of the housing is rented out compared to 72% of homes are owned, according to the most recent Census Bureau estimates. 17% of Sherwood's apartments are found in large buildings of 50 units or more, 53% are located in smaller apartment complexes with less than 50 units, and 30% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Sherwood are about 21 years old, on average. Of these, 53% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Sherwood are around 4% of rentals, while 1-bedroom floor plans represent 19% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 56% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.