Apartments for Rent in Sherwood, OR

Prices and availability in Sherwood, OR were last updated on 5 Jun 2026.

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

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

The price range for a studio apartment in Sherwood, OR is between $1,770 and $3,691.

The price range for a 1-bedroom apartment in Sherwood, OR is between $1,603 and $2,060.

The price range for a 2-bedroom apartment in Sherwood, OR is between $1,603 and $3,691.

The price range for a 3-bedroom apartment in Sherwood, OR is between $2,509 and $3,691.

In Sherwood, 28% of the residents are renting compared to 72% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 17% of Sherwood's rentals, 53% are small-scale complexes with under 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.

Rental apartments in Sherwood come in a range of sizes and floorplans. Studio apartments represent 4% 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 19% of the total apartments in the city, while 2-bedroom floorplans represent around 56% 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.