Median rent for residential apartments in Sherman, TX as of Dec, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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118 Sherman, TX, USA apartments for rent
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Sherman
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 |
City Overview
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.
Housing Trends
How much is an apartment in Sherman, TX, USA
Average apartment rent in Sherman: $1,962 (+25.2%)
| 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.
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