Sherwood, OR Rental Market Trends
Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Sherwood is $1,952, a 1.62% decrease compared to the previous year, when the average rent was $1,984.
One-bedroom apartments provide 750 square feet for $1,790, balancing privacy and affordability.
Two-beedroom units at $1,917 offer 1,034 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,412 sq ft) for $2,309, suitable for larger households.
Average rent in Sherwood, OR
Last updated: November 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,952 | 1,040 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,790 | 750 sq. ft. |
| 2 Beds | $1,917 | 1,034 sq. ft. |
| 3 Beds | $2,309 | 1,412 sq. ft. |
Sherwood, OR rent trends
Rental prices in Sherwood, OR have decreased by 1.62% over the past year. The average rent moved from $1,984 to $1,952.
What's the typical rent budget in Sherwood, OR?
The largest share of rentals in Sherwood, OR (60%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Sherwood, OR?
1,830 or 26% of the households in Sherwood, OR are renter-occupied while 5,187 or 74% are owner-occupied.
How Sherwood Compares to Other Cities
| City | Average Rent |
|---|---|
| Sherwood | $1,952 |
| Portland | $1,731 |
| Salem | $1,473 |
| Gresham | $1,641 |
| Hillsboro | $1,869 |
| Eugene | $1,864 |
| Beaverton | $1,772 |
| Tigard | $1,724 |
| Bend | $1,928 |
| Happy Valley | $1,883 |
| Lake Oswego | $2,097 |
| Vancouver, WA | $1,751 |
| Oregon City | $1,782 |
| Wilsonville, OR | $1,813 |
| Tualatin | $1,752 |
| Forest Grove, OR | $1,620 |
| West Linn | $2,172 |
| Keizer, OR | $1,477 |
| Cornelius, OR | $1,373 |
| Fairview, OR | $1,817 |
| Gladstone, OR | $1,706 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Sherwood apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.