Average Rent in Sherman, TX

Home » TX » Sherman

Current Versus Historical Sherman, TX Rents

Sherman rentals average $950 for a 1-bedroom rental to $2,225 for a 4-bedroom rental. The median price of all currently available listings is $1,713, or roughly $14 per square feet.

For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $425 (-35.42%) year-over-year from $1,200 to $775. 1-bedroom rentals prices have decreased by $5 (-0.51%) year-over-year from $955 to $950. 2-bedroom rentals prices have decreased by $50 (-4.03%) year-over-year from $1,237 to $1,188. 3-bedroom rentals prices have decreased by $7 (-0.40%) year-over-year from $1,669 to $1,663. 4-bedroom rentals prices have increased by $35 (1.62%) year-over-year from $2,165 to $2,200. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 4.68% this month. 2-bedroom rents have gone down by 1.38% this month. 3-bedroom rents have gone down by 5.67% this month. 4-bedroom rents have gone down by 2.08% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$21.34	$950	$955 (-0.51%)	$773 (22.98%)
2 BR	$14.53	$1,188	$1,237 (-4.03%)	$1,213 (-2.13%)
3 BR	$14.04	$1,663	$1,669 (-0.40%)	$1,707 (-2.63%)
4+ BR	$13.03	$2,200	$2,165 (1.62%)	$2,078 (5.88%)

Historical Rents in Sherman, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Sherman

There are a total of 3 cities nearby Sherman. The average rent in Sherman is currently $2,100 per month. Only one city nearby has an average rent lower than that. Our records show that Denison, TX, with an average rent of $1,495, is the most affordable city nearby. In contrast, the most expensive city near Sherman, TX is Celina, TX. Monthly rents here are on average $2,800 per month.

Let's compare Sherman, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 18.42% more expensive. Two bedrooms in Sherman, TX are about 12.50% more affordable. Finally, rent for three bedrooms are about 15.04% more affordable. Want more information? Check out the top 3 cities near Sherman, TX in the following table.

City	Studio	1 Bed	2 Bed	All
Denison, TX	N/A	$775	$1,250	$1,495
Anna, TX	N/A	$2,100	$1,350	$2,100
Celina, TX	N/A	N/A	$1,375	$2,800

Top Neighborhoods Near Sherman

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Sherman

There are a total of 3 counties located by Sherman, TX. Some of these counties include East Grayson, TX, Northwest Grayson, TX, and Anna, TX. The average rent for rentals in these counties is $1,895. That's roughly around $14 per sqft. A total of one county has a lower average rent. The county that is the most affordable is East Grayson, TX. Its average rent per month is $1,650. Vice versa, with an average rent of $2,295, Anna, TX is the most expensive county by Sherman, TX.

In comparison, rent for one bedroom listings in Sherman, TX is 2.95% more expensive than other counties nearby. Finally, rent for two bedrooms in Sherman, TX is 25.00% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
East Grayson, TX	$825	$922	$1,250	$1,650
Northwest Grayson, TX	N/A	$848	$1,500	$1,895
Anna, TX	$5,000	$1,625	$2,095	$2,295

Top Zipcodes Near Sherman

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Sherman Average Rents

What is the average rent price in Sherman, TX?

The average monthly rental price for Sherman, TX apartments for rent is approximately $1,713. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Sherman, TX rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Sherman, TX.

How much is a one bedroom apartment in Sherman, TX?

The average monthly rental price for one bedroom apartments is $950 and an average price per square feet of $21.34. There are a total of 5 one bedroom apartment listings currently available for rent in Sherman.

How much is a two bedroom apartment in Sherman, TX?

The average monthly rental price for two bedroom apartments is $1,200 and an average price per square feet of $14.53. There are a total of 14 two bedroom apartment listings currently available for rent in Sherman.

How have rent prices in Sherman, TX changed this year?

Rent prices for rentals in Sherman, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.35%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by -0.04%, three bedroom rental prices have changed by 0.00% year-over-year.

What is a reasonable rent price in Sherman, TX?

A reasonable rent price in Sherman, TX is around $1,370/month. You can search for these reasonably priced rental listings on RentHop.