Rentometer, Inc. | Data as of 10/23/2025
Sherman‑Denison’s vibrant metro area blends historic charm with modern convenience, making it a top choice for renters seeking a balanced lifestyle. Residents enjoy easy access to a growing business district in downtown Sherman, the scenic riverwalk along the Red River, and the recreational haven of Lake Texoma. The region’s strong school system, extensive park network, and convenient highways provide an appealing backdrop for families, young professionals, and retirees alike.
The rental market reflects this diverse appeal, offering a wide array of apartments and houses across the metro. Studio and one‑bedroom apartments typically sit in the $1,000 price range, while two‑bedroom units move toward the $1,300 mark and larger three‑ and four‑plus‑bedroom homes often exceed $2,200. Houses follow a similar pattern, with modest one‑bedroom options around $1,000 and spacious four‑plus‑bedroom properties reaching the $2,200 range. These price tiers support a variety of budgets while delivering quality living spaces, from contemporary apartments near the Sherman Arts District to single‑family homes in the family‑friendly neighborhoods of Denison’s historic Square.
Renters are drawn to the area’s affordable cost of living, reliable public transportation, and proximity to major employment centers in Dallas–Fort Worth. Whether you’re seeking a walkable urban loft, a suburban family home, or a quiet retreat near recreational amenities, Sherman‑Denison’s rental market offers flexible options that cater to a dynamic and growing community.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,139 | $1,081 | $758 - $2,410 | $950 - $1,250 |
| Apartment | 2 Bedroom | $1,305 | $1,232 | $843 - $1,895 | $1,071 - $1,510 |
| Apartment | 3 Bedroom | $1,823 | $1,971 | $1,100 - $2,329 | $1,519 - $2,099 |
| House | 1 Bedroom | $929 | $900 | $725 - $1,150 | $775 - $1,125 |
| House | 2 Bedroom | $1,280 | $1,250 | $795 - $2,200 | $1,150 - $1,400 |
| House | 3 Bedroom | $1,675 | $1,625 | $950 - $3,000 | $1,500 - $1,825 |
| House | 4+ Bedroom | $2,302 | $2,287 | $1,450 - $7,500 | $1,900 - $2,500 |
In the current period, the average rent in Sherman-Denison, TX was
$1,112 for 1 Bedroom,
$1,292 for 2 Bedroom,
$1,683 for 3 Bedroom, and
$2,221 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.