Rentometer, Inc. | Data as of 10/22/2025
Sherwood, Arkansas offers a diverse rental market that caters to both apartment seekers and families looking for single‑family homes. Prospective renters will find a range of options from cozy one‑bedroom apartments in the heart of the city to spacious four‑plus bedroom houses on the quieter, tree‑lined streets. The city’s convenient location just west of Little Rock provides easy access to downtown employment centers, while local amenities such as Spring Lake Park, the historic Sherwood Mall, and the bustling Kennedy Street dining corridor add to the appeal of everyday living.
Apartment rentals in Sherwood typically fall within the $800s for one‑bedroom units and climb into the $900‑$1000 range for two‑bedrooms, with larger three‑bedroom layouts approaching the $1500s. For those preferring a house, two‑bedroom homes are commonly available in the $900‑$1000 bracket, three‑bedroom properties often rent in the $1500‑$1700 range, and larger four‑plus bedroom homes can reach the $2000 range. These price tiers reflect the city’s blend of modern developments and well‑maintained older neighborhoods, such as Oakhaven and Pinnacle Creek, which are known for their family‑friendly atmosphere and strong community ties.
Beyond affordability, Sherwood’s rental market benefits from reliable transportation links, including proximity to the Little Rock National Airport and major highways like I‑30, making commuting straightforward. Residents also enjoy cultural attractions nearby, such as the Arkansas Arts Center and the scenic Arkansas River Trail. Whether you’re searching for a sleek downtown apartment or a spacious suburban house, Sherwood’s rental offerings provide a welcoming environment that balances convenience, comfort, and community.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $884 | $850 | $740 - $1,025 | $800 - $1,005 |
| Apartment | 2 Bedroom | $984 | $972 | $850 - $1,115 | $915 - $1,105 |
| Apartment | 3 Bedroom | $1,533 | $1,175 | $1,125 - $2,300 | $1,125 - $2,300 |
| House | 2 Bedroom | $935 | $872 | $795 - $1,250 | $795 - $1,025 |
| House | 3 Bedroom | $1,730 | $1,500 | $595 - $5,000 | $1,395 - $1,795 |
| House | 4+ Bedroom | $1,989 | $1,850 | $925 - $3,000 | $1,600 - $2,450 |
In the current period, the average rent in Sherwood was
$884 for 1 Bedroom,
$963 for 2 Bedroom,
$1,725 for 3 Bedroom, and
$1,982 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.