Find 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

As of March 2025, Sherwood's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Sherwood's average rent is 22.9% ($383) higher than the Oregon average of $1,671 and 14.9% ($266) higher than the U.S. average of $1,788.

Average Rent
$2,054
Monthly ChangeMonth Over Month Change
Decreased18.1% ($453)
Yearly ChangeYear Over Year Change
Increased25.6% ($418)
Avg. Days on MarketAverage Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,651 Increased6.2% ($96) Increased27.6% ($357)
2 Beds $1,948 Decreased8.6% ($183) Increased26.7% ($410)
3 Beds $2,582 Increased1.3% ($34) Increased25.6% ($527)
Nearby Cities Average Rent Avg. Rent vs. SherwoodAverage Rent vs. Sherwood Avg. Days on MarketAverage Days on Market
Tualatin $1,630 Decreased20.6% ($424) 30 days
Wilsonville $1,694 Decreased17.5% ($360) 31 days
Newberg $1,834 Decreased10.7% ($220) 30 days
Lake Oswego $2,293 Increased11.6% ($239) 26 days
Beaverton $1,619 Decreased21.2% ($435) 30 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Sherwood Rental Market FAQs

Explore rental prices, market trends, and availability in Sherwood, OR.

The average rent in Sherwood, OR is $2,054 per month.
Homes in Sherwood typically rent for between $1,156 and $3,357 per month, with an average of $2,054 per month.
In Sherwood, the average rent for a 1-bedroom home is $1,651 per month, for a 2-bedroom home, $1,948 per month, and a 3-bedroom home is $2,582 per month.
The average rent in Sherwood is 14.9% ($266) higher than the national average of $1,788 per month.
The average rent in Sherwood has decreased by 18.1% ($453) in the last month and increased by 25.6% ($418) over the past year.
The rental market in Sherwood, OR, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Sherwood, OR, the average rental stays on the market for approximately 30 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 9 rental properties available in Sherwood, OR.
Based on the current averages, a household would need an annual income of $77,920 to comfortably afford a 2-bedroom home in Sherwood.
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