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Apartments under $500 for Rent in Sherman, TX

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Sherman at a Glance

Average Rent

$1,097
(All bedrooms and property types)
Learn more about
Average Rent in Sherman
5

School Rating

out of 10 Rating
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Schools in Sherman
0

Some Transit

out of 100 TransitScore® Rating
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Transportation in Sherman
34

Somewhat Bikeable

out of 100 BikeScore® Rating
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Transportation in Sherman

Sherman, TX Apartments for Rent

Sherman, Texas combines historic charm with economic growth, positioned 70 miles north of Dallas. As the county seat of Grayson County, Sherman is home to Austin College, established in 1849 and recognized as the oldest continuously operating college in Texas. For those considering a move, Sherman's rental market offers value, with one-bedroom apartment rents averaging $1,110 - below the Texas state average.

Apartments in Sherman place residents at the center of expanding opportunities, highlighted by Texas Instruments' planned $30 billion semiconductor facility scheduled to bring 3,000 jobs beginning in 2025. The city's location at the intersection of US 75 and US 82 provides straightforward commuting options. Downtown Sherman preserves its historic architecture and character, while Lake Texoma offers year-round outdoor recreation. The climate features summer temperatures typically reaching the low 90s and winter lows in the mid-30s, supporting an active lifestyle throughout most seasons.

Renting in Sherman

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Sherman

(For 1 bedroom apartments)

Getting Around Sherman

Transportation

33

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
34

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
0

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

5
Sherman High School
out of 10 Rating
Public | Grades 9- 12 | 2,155 Students
5
Piner Middle
out of 10 Rating
Public | Grades 6- 8 | 818 Students
School data provided by Great Schoolsⓘ
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