The average monthly rent for an apartment in Sherwood Forest, Memphis, TN is around $1,209.
A share of 25% of apartments in Sherwood Forest, Memphis, TN have the cheapest rents between $501-$700. Around 5% of rentals are in the most expensive price range of $1,501-$2,000. Around 33% of Sherwood Forest’s apartments have monthly rents between $701-$1,000. There are 20% of apartments with rents between $1,001-$1,500.
Check out the average rent in Memphis.
The national average price of rental apartments is $1,727, while the average monthly rent in Sherwood Forest, Memphis, TN is $1,209.
Prices and availability in Sherwood Forest, Memphis, TN were last updated on 6 Jun 2023.
The average rent in Sherwood Forest, Memphis, TN is $1,209. Start your search for apartments in Sherwood Forest, Memphis, TN now.
In Sherwood Forest, 53% of the residents are renting compared to 47% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 20% of Sherwood Forest’s rentals, 35% are small-scale complexes with under 50 units, and 44% are single-family rentals.
In total, Sherwood Forest, Memphis, TN has 40,947 residents, 22,136 women and 18,811 men, per U.S. Census recent estimates. Statistics show that the median age of Sherwood Forest’s population is 33.6.
There is a total of 17,364 households in Sherwood Forest, Memphis, TN. Of these, 3,515 have children and 13,849 are without children. Per Census Bureau’s most current estimates, 7,699 family households and 9,665 non-family households live in this area. The size of a household in Sherwood Forest is 2.3 people, on average. The median household annual income in Sherwood Forest equals $41,428, and the monthly housing costs equal $885.
According to data from the U.S. Census Bureau, 5% of the population in Sherwood Forest, Memphis, TN have no high school education, 34% went to high-school, and 21% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 20% hold a Bachelor Degree, and 15% hold a Graduate Degree.
RentCafe is your one-stop shop for finding a great new apartment in Sherwood Forest, Memphis, TN. Easily search through a wide selection of apartments for rent in Sherwood Forest, Memphis, TN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Sherwood Forest, Memphis, TN apartments with rents starting from $567 and submit your rental application today!
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