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 August 2025, Sherwood's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Sherwood's average rent is 56.7% ($940) higher than the Oregon average of $1,659 and 45.2% ($809) higher than the U.S. average of $1,790.

Average Rent
$2,599
Monthly ChangeMonth Over Month Change
Increased19.8% ($430)
Yearly ChangeYear Over Year Change
Increased4% ($99)
Avg. Days on MarketAverage Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,737 Increased0.9% ($16) Decreased2.3% ($40)
2 Beds $2,075 Increased1.7% ($34) Decreased1.8% ($38)
3 Beds $2,716 Increased0.3% ($9) Increased7.6% ($192)
Nearby Cities Average Rent Avg. Rent vs. SherwoodAverage Rent vs. Sherwood Avg. Days on MarketAverage Days on Market
Tualatin $1,789 Decreased31.2% ($810) 30 days
Wilsonville $2,448 Decreased5.8% ($151) 31 days
Newberg $1,974 Decreased24% ($625) 30 days
Lake Oswego $3,084 Increased18.7% ($485) 26 days
Beaverton $1,623 Decreased37.6% ($976) 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 $2,599 per month.
Apartments in Sherwood typically rent for between $1,216 and $3,531 per month, with an average of $2,599 per month.
In Sherwood, the average rent for a 1-bedroom apartment is $1,737 per month, for a 2-bedroom apartment, $2,075 per month, and a 3-bedroom apartment is $2,716 per month.
The average rent in Sherwood is 45.2% ($809) higher than the national average of $1,790 per month.
The average rent in Sherwood has increased by 19.8% ($430) in the last month and increased by 4.0% ($99) 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 14 rental properties available in Sherwood, OR.
Based on the current averages, a household would need an annual income of $83,000 to comfortably afford a 2-bedroom apartment in Sherwood.
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