Sherman, TX Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Sherman is $1,221, a 3.38% decrease compared to the previous year, when the average rent was $1,264.
Studio Apartments at $864 offer the most budget-friendly option with 434 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 700 square feet for $1,045, balancing privacy and affordability.
Two-beedroom units at $1,316 offer 988 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,307 sq ft) for $1,938, suitable for larger households.
Average rent in Sherman, TX
Last updated: November 18, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,221 | 863 sq. ft. |
| Studio | $864 | 434 sq. ft. |
| 1 Bed | $1,045 | 700 sq. ft. |
| 2 Beds | $1,316 | 988 sq. ft. |
| 3 Beds | $1,938 | 1,307 sq. ft. |
Sherman, TX rent trends
Rental prices in Sherman, TX have decreased by 3.38% over the past year. The average rent moved from $1,264 to $1,221.
What's the typical rent budget in Sherman, TX?
The largest share of rentals in Sherman, TX (49%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Sherman, TX?
8,188 or 47% of the households in Sherman, TX are renter-occupied while 9,230 or 53% are owner-occupied.
How Sherman Compares to Other Cities
| City | Average Rent |
|---|---|
| Sherman | $1,221 |
| Houston | $1,355 |
| Dallas | $1,584 |
| San Antonio | $1,274 |
| Austin | $1,654 |
| Fort Worth | $1,440 |
| Irving | $1,495 |
| Killeen | $1,088 |
| El Paso | $1,099 |
| Plano | $1,686 |
| Arlington | $1,348 |
| McKinney | $1,671 |
| Princeton, TX | $1,859 |
| Aubrey, TX | $1,482 |
| Celina, TX | $1,720 |
| Prosper, TX | $1,875 |
| Anna, TX | $1,563 |
| Denison, TX | $1,246 |
| Durant, OK | $931 |
| Gainesville, TX | $1,279 |
| Melissa, TX | $1,674 |
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 Sherman 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.