Rentometer, Inc. | Data as of 10/23/2025
Sherwood, Ohio offers a vibrant yet comfortable urban environment that appeals to families, professionals, and retirees alike. Nestled in the heart of Lorain County, the city blends easy access to Clevelandâs employment centers with a distinctly smallâtown charm. Residents enjoy wellâmaintained neighborhoods, topârated schools, and a thriving local business district featuring cafes, boutique shops, and community events. The rental market in Sherwood is dominated by singleâfamily homes, making it an ideal choice for those seeking spacious, familyâoriented accommodations. Current trends show that threeâbedroom houses generally rent in the $2100âŻrange, while larger fourâplusâbedroom homes typically command rent in the $2500âŻrange, reflecting the cityâs balanced demand for quality living space.
Popular neighborhoods such as Oakwood and Fairview provide leafy streets, convenient proximity to parks like Riverfront Park, and easy access to major thoroughfares such as State RouteâŻ2. The cityâs cultural attractionsâincluding the historic Sherwood Theatre and annual festivalsâenhance the rental experience by offering a lively community atmosphere. With reliable public transportation links, a strong sense of safety, and a growing selection of modern amenities, Sherwoodâs rental landscape remains stable and appealing. Whether youâre searching for a spacious family home or a tranquil retreat close to urban conveniences, Sherwoodâs rental market delivers a welcoming environment that supports a high quality of life.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| House | 3 Bedroom | $2,117 | $2,037 | $1,895 - $2,500 | $1,940 - $2,500 |
| House | 4+ Bedroom | $2,520 | $2,500 | $2,295 - $2,800 | $2,295 - $2,800 |
In the current period, the average rent in Sherwood was $2,118 for 3 Bedroom, and $2,521 for 4+ Bedroom.
Data provided by Rentometer, Inc.