Rental prices in Sherwood Forest, Memphis, TN have decreased by 0.4% over the past year. The average rent moved from $928 to $924.
Check out the average rent in Memphis.
The national average price of rental apartments is $1,740, while the average monthly rent in Sherwood Forest, Memphis, TN is $924.
The average monthly rent for an apartment in Sherwood Forest, Memphis, TN is around $924.
A share of 75% of apartments in Sherwood Forest, Memphis, TN have the cheapest rents between ≤ $1000. Around 25% of Sherwood Forest's apartments have monthly rents between $1,001-$1,500.
The largest share of rentals in Sherwood Forest, Memphis, TN (75%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
There are 2 house rentals available on RentCafe. Prices and availability in Sherwood Forest, Memphis, TN were last updated on 14 Apr 2026.
The average Sherwood Forest, Memphis, TN rental house size is 1,415 sq. ft.
Renting a house in Sherwood Forest, Memphis, TN comes with more space, both indoor and outdoor.
Houses for rent in Sherwood Forest, Memphis, TN are usually located in non-central areas.
In total, Sherwood Forest, Memphis, TN has 4,347 residents, 2,383 women and 1,964 men, per U.S. Census recent estimates. Statistics show that the median age of Sherwood Forest’s population is 32.2.
There is a total of 1,813 households in Sherwood Forest, Memphis, TN. Of these, 389 have children and 1,424 are without children. Per Census Bureau’s most current estimates, 823 family households and 989 non-family households live in this area. The size of a household in Sherwood Forest is 2.33 people, on average. The median household annual income in Sherwood Forest equals $52,589, and the monthly housing costs equal $1,116.
According to data from the U.S. Census Bureau, 4% of the population in Sherwood Forest, Memphis, TN have no high school education, 35% went to high-school, and 23% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 20% hold a Bachelor Degree, and 15% hold a Graduate Degree.
Chances are that you are here right now because you cannot wait to have your own garage for your metallic grey Daisy, your own inviting backyard, or your own flower garden. The good news is that there are 25 homes for rent in Sherwood Forest, Memphis, TN right now for you to choose from. With rent prices as low as $875 up to $1,770, loads of rental homes are waiting for the right tenant. Just in case you’re searching for cheap houses for rent, some of the best affordable homes are now at your fingertips. Depending on your location preference, you can opt either for serene areas, further away from the city, or for the liveliest area in town. It is up to you to decide which one of the houses listed in Sherwood Forest, Memphis, TN meets your standards: duplexes, townhomes, 1 bedroom or 2 bedroom homes or some larger rentals.
As important as a good education is for your children, we know that you’d rather not drive your kids to school for one hour every morning. It is hard for any child to wake up early in the morning, and most probably your school-aged children are no exception. That is why we want to help you find a home near one of the best-rated schools in Sherwood Forest, Memphis, TN. 3 bedroom and 4 bedroom houses are waiting for you, with a total number of 25 single family homes for rent right now. Since there is a very high demand for homes in such areas, make sure that once you find a house that qualifies to become your future home, apply while it’s still available.
.jpg?width=480&quality=90)
.jpg?width=480&quality=90)
.jpg?width=480&quality=90)
&cropxunits=300&cropyunits=232&width=480&quality=90)
.JPG?width=480&quality=90)
.JPG?width=480&quality=90)
.JPG?width=480&quality=90)
