Apartments for Rent in Sherwood, AR

Prices and availability in Sherwood, AR were last updated on 30 May 2026.

The best apartments in Sherwood, AR are: The Links at Sherwood, Sherwood Trails Apartment Homes, 5904 N Woodview Dr and Shadow Oaks Condominiums.

The average rent in Sherwood, AR is $884.

The price range for a 1-bedroom apartment in Sherwood, AR is between $770 and $1,101.

The price range for a 2-bedroom apartment in Sherwood, AR is between $865 and $1,101.

The price range for a 3-bedroom apartment in Sherwood, AR is between $975 and $1,325.

In Sherwood, 29% of the residents are renting compared to 71% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Sherwood's rentals, 48% are small-scale complexes with under 50 units, and 37% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Sherwood are about 29 years old, on average. Of these, 16% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Sherwood come in a range of sizes and floorplans. Studio apartments represent 1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 38% of the total apartments in the city, while 2-bedroom floorplans represent around 44% of all rentals in Sherwood. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.