Sherman, TX has a population of 40,112, including 65% white, 20% latino, and 12% black.
Population | 40,543 |
Median Age | 33.4 |
Poverty Rate | 19% |
Household Income | $44,884 |
Number Of Employees | 18,242 |
Median Property Value | $106,100 |
The median household income in Sherman, TX is around $43,557, while the median age is 33.5. This city is a home to major universities: Austin College, Baccalaureate Colleges, and Baccalaureate Colleges: Arts & Sciences Focus. 17,979 employees work in Sherman, TX. The homeownership rate among the residents is 52.36%. The median property value that you should keep in mind is $102,100.
Rent Price | Dec | vs Last Month |
---|---|---|
1-bed apartments | $500 | -37.5% |
2-bed apartments | $1,261 | +19.3% |
3-bed apartments | $1,736 | +20.7% |
4+ bed apartments | $2,557 | +21.1% |
Over the Dec 2022, the average rent for an apartment in/near Sherman, TX increased by 25.2% to $1,962.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 37.5% to $500. Pricing for 2-bed apartment also increased by 19.3% and a place of this size will now cost you $1,261. 3-bed apartment rent pricing starts at $1,736, it increased by 20.7% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 21.1% and made it up to $2,557.
Rent Type Price | Dec | vs Last Month |
---|---|---|
Apartments for rent | $900 | -10.8% |
Condos for rent | $850 | +2.3% |
Duplexes for rent | $1,369 | +21.4% |
Houses for rent | $2,069 | +22.3% |
The median rent for an apartment in Sherman, TX decreased by 10.8% to $900. Statistics show that house rent price increased by 22.3% this month making it up to $2,069. Condos faced an upward trend these days. The median rent for a condo increased by 2.3%, it’s now available for $850. You can now rent a duplex for $1,369, duplex rent price increased by 21.4% this month. The median rent for a loft did not face significant changes this time, it now still goes for $2,183.