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Homes & Apartments for Rent in Sherwood, OR

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What to Know About

Life in Sherwood & Beyond

Sherwood shares many of the great qualities that make Oregon a desirable place to live.

Oregon is where stunning landscapes meet majestic mountains. Immerse yourself in the state's rich history and heritage by visiting the Oregon Museum of Science and Industry, the Portland Art Museum, and the Oregon Historical Society. Or further your education at top-ranked universities like the University of Oregon and Oregon State University. Oregon's diverse and growing economy, driven by technology, agriculture, and tourism, offers ample employment opportunities.

The state offers a rich landscape for outdoor enthusiasts, from skiing in the Cascade Mountains and hiking the Columbia River Gorge to exploring the rugged Oregon Coast. Sports fans can also cheer for the Portland Trail Blazers (NBA) or take in a game at Autzen Stadium or Moda Center. Discover famous attractions like the International Rose Test Garden, Powell's City of Books, and the breathtaking Crater Lake National Park. And remember to take in the spectacular views of the Oregon Coast, which stretches for 363 miles along the Pacific Ocean.

With its scenic natural wonders, vibrant culture, and endless opportunities for adventure, Oregon is the perfect place to call home.

Rental Market Trends

Sherwood, OR

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As of November 2026, Sherwood's rental market is stable, with rentals spending about 26 days on the market, faster than in Oregon (28), and rents down 2.1% over the past year. Sherwood's average rent is 25.8% ($475) higher than the Oregon average of $1,843 and 13.9% ($282) higher than the U.S. average of $2,036.

Average Rent
$2,318
Monthly ChangeMonth Over Month Change
Decreased0.41% ($10)
Yearly ChangeYear Over Year Change
Decreased2.1% ($49)
Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,614 Increased0.42% ($7) Increased3.2% ($51)
2 Beds $1,904 Decreased0.23% ($4) Decreased0.4% ($7)
3 Beds $2,564 Decreased0.28% ($7) Decreased4.1% ($110)
Nearby Cities Average Rent Avg. Rent vs. SherwoodAverage Rent vs. Sherwood Days on Market
Tualatin $2,051 Decreased11.5% ($267) 26 days
Wilsonville $2,252 Decreased2.8% ($66) 27 days
Newberg $1,888 Decreased18.6% ($430) 29 days
Tigard $1,828 Decreased21.1% ($490) 28 days
Lake Oswego $2,696 Increased16.3% ($378) 25 days
Based on rentals advertised on RentalSource in and around Sherwood.
Frequently Asked Questions
Sherwood Rental Market FAQs

Explore rental prices, market conditions, and affordability in Sherwood, OR.

The average rent in Sherwood, OR is about $2,318 per month.
In Sherwood, the average rent is about $1,614 per month for a 1-bedroom home, about $1,904 for a 2-bedroom home and about $2,564 for a 3-bedroom home.
The average rent in Sherwood is 13.9% ($282) higher than the national average of $2,036 per month.
The rental market in Sherwood, OR is currently stable, with rentals spending about 26 days on the market, faster than in Oregon (28), and rents down 2.1% over the past year.
Based on the current averages, a household would need an annual income of about $76,200 to comfortably afford a 2-bedroom home in Sherwood.
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