Sunfield Lakes
16100 SW Century Dr,
Sherwood, OR 97140
1-3 Beds | $1,785
Rental Market Trends in Sherwood, OR
What is the average rent in Sherwood, OR?
$1,750/month
Average Rent
740 Sq Ft
Average Apartment Size
-1.3%
Decrease in the Last Year
As of April 2025, the average rent in Sherwood, OR is $1,750 per month. For comparison, the national average rent price in the US is currently $1,577/month, which means Sherwood rent prices are 11% higher than the national average. When you rent an apartment in Sherwood, you can expect to pay about $1,677 per month for a studio, $1,750 for a one-bedroom apartment, and around $1,892 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,319 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Sherwood, OR?
In the past year, rent has decreased by 1.3%, which averages out to $23 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2025
Legend
2024
2025
Rent Ranges in Sherwood, OR
Last Updated April 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
17%
$1,001 - $1,500/month
67%
$1,501 - $2,000/month
17%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Sherwood?
Based on current rent prices, Sherwood/Tualatin North is the most affordable neighborhood in Sherwood.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Sherwood?
Based on current rent prices, Sherwood/Tualatin North is the most expensive neighborhood in Sherwood.
Neighborhood
Average Rent
Average Sq Ft
Which Sherwood neighborhoods have the most rentals available?
The neighborhood in Sherwood with the most apartments available is Sherwood/Tualatin North .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Sherwood, OR?
Because the average rent in Sherwood is $1,750, you’ll want to make about $5,833 per month or $69,996 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Sherwood, OR compare to other nearby cities and neighborhoods?
Use the tool below to compare Sherwood, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$1,740/month
$1,740/month
Two Bedroom
$1,867/month
$1,867/month
Three Bedroom
$2,277/month
$2,277/month
Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.