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Studio Apartment for Rent in Sherwood, AR

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    Starting at $650 Per Month

    • Studio - 2 Beds

    300 Indianhead Dr, Sherwood, AR 72120

    Super spacious apartment home ready for you. Our apartment homes have the edge over all the rest. Enjoy a location which allows you quick and easy access to shopping, convenience, and fun. You'll also love the other advantages found at the Cove @ 300. The apartment homes are filled with everything you've come to expect from carefree living.

    The Cove at 300

    300 Indianhead Dr, Sherwood, AR 72120

Why Live in Sherwood

Sherwood, Arkansas, a suburban city in Central Arkansas, is home to approximately 33,000 residents and is situated between Little Rock Air Force Base and Camp Joseph T. Robinson. The city is known for its recreational amenities, including several parks, pools, and 24-hour pickleball courts near city hall. Sherwood Elementary School is highly rated, serving students within the Pulaski County Special School District. Housing options in Sherwood include ranch-style homes and Craftsman bungalows, with new construction often found in cul-de-sacs. Gravel Ridge, a semirural area annexed in 2008, offers a mix of midcentury and contemporary homes. The city emphasizes sidewalks and walking trails, catering to its active community. Medical facilities such as CHI St. Vincent North, which hosts the Arkansas Neurosciences Institute, are available within the city. Public transportation is provided by Rock Region Metro, and Little Rock's Bill and Hillary Clinton National Airport is about 15 miles away. Sherwood's parks feature athletic facilities and mountain biking trails at Camp Robinson. The Sherwood History & Heritage Museum and the annual Winter Fest at City Hall Park are notable attractions. The Enchanted Forest Trail of Lights is a popular holiday event, stretching for a mile. Dining options include multiple family-owned restaurants along highway 107 and I-57, with Tailgaters Pub & Grill being a local favorite. For more extensive shopping, residents can head south to Little Rock.

Frequently Asked Questions

How much does it cost to rent a home in Sherwood, AR?
The median rent for a home in Sherwood, AR is $1,510 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Sherwood, AR?
To comfortably afford the median rent in Sherwood, AR, a household needs to earn roughly $60,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,510 per month in Sherwood, AR, renters typically need to show $4,530 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Sherwood, AR?
In Sherwood, AR, the price-to-rent ratio is 13.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,510
Median Single Family Home Rent
$1,550
Median Townhouse Rent
$850
Median Condo Rent
$750
How to Rent a Home