Rentometer, Inc. | Data as of 10/22/2025
Sherwood, Oregon, blends smallâtown charm with easy access to the vibrant Portland metro area, making it a soughtâafter destination for renters looking for both convenience and community. Nestled along the scenic Tualatin River, the city boasts a historic downtown filled with boutique shops, local eateries, and cultural events, while nearby parks such as Sherwood Forest and the Tualatin River National Wildlife Refuge provide ample outdoor recreation. Its reputation for topârated schools and familyâfriendly neighborhoods adds to the appeal for professionals and growing families alike.
The rental market in Sherwood offers a balanced mix of apartments and singleâfamily homes, catering to a wide range of lifestyle preferences. Oneâbedroom apartments typically fall in the $1600s, while twoâbedroom units are commonly found around the $1800 range. Larger threeâbedroom apartments trend in the $2300s, delivering extra space for roommates or small families. For house hunters, twoâbedroom homes generally sit in the $1800â$2000 bracket, threeâbedroom residences are priced near the $2700â$2800 level, and expansive fourâplus bedroom homes command rates in the $3200â$3300 range. These options reflect a market that supports both entryâlevel renters and those seeking more spacious, upscale accommodations.
Neighborhoods such as Brookside, College Plains, and the historic district provide distinct flavorsâfrom quiet, treeâlined streets to lively, walkable corridorsâensuring renters can find the perfect fit for their daily routines. Proximity to major commuter routes, like Highway 99W, makes the city convenient for professionals working in Portland while enjoying a suburban lifestyle. With diverse housing styles, reputable schools, and abundant amenities, Sherwood rentals continue to attract a dynamic mix of residents seeking quality living in the heart of Oregonâs thriving corridor.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,601 | $1,579 | $1,420 - $1,795 | $1,500 - $1,750 |
| Apartment | 2 Bedroom | $1,870 | $1,857 | $1,589 - $2,360 | $1,645 - $2,162 |
| Apartment | 3 Bedroom | $2,310 | $2,300 | $1,965 - $2,649 | $2,145 - $2,514 |
| House | 2 Bedroom | $1,963 | $1,795 | $1,695 - $2,400 | $1,695 - $2,400 |
| House | 3 Bedroom | $2,749 | $2,799 | $1,975 - $3,549 | $2,649 - $2,850 |
| House | 4+ Bedroom | $3,284 | $3,275 | $2,885 - $3,600 | $3,100 - $3,550 |
In the current period, the average rent in Sherwood was $1,601 for 1 Bedroom, $1,896 for 2 Bedroom, $2,622 for 3 Bedroom, and $3,252 for 4+ Bedroom.
Data provided by Rentometer, Inc.