Sherman, TX has a population of 40,112, including 65% white, 20% latino, and 12% black.
|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.
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.
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.