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Sherwood, OR Condo for Rent

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    $1,995 Per Month

    • 1 Bed
    • 1.5 Baths
    • 900 Sq Ft
    • Spacious 1 Bed / 1.5 Bath Condo in Desirable Sherwood

    22582 SW Main St Unit 203, Sherwood, OR 97140

    This spacious 1 Bed / 1.5 Bath Condo in desirable Sherwood offers an efficient one-bedroom layout with one full and one half bathroom. The unit includes an in-unit washer and dryer, microwave, refrigerator, and range stove/oven. Residents have access to a dedicated parking space and secured entry, plus private storage. Cats are negotiable, no dogs. Located in Sherwood, this condo provides

    22582 SW Main St Unit 203, Sherwood, OR 97140

Frequently Asked Questions

How much does it cost to rent a condo in Sherwood, OR?
The median rent for a condo in Sherwood, OR is $2,147 per month, though prices vary by neighborhood, size, and property type. As of May 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, OR?
To comfortably afford the median rent in Sherwood, OR, a household needs to earn roughly $91,800 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 $2,295 per month in Sherwood, OR, renters typically need to show $6,885 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, OR?
In Sherwood, OR, the price-to-rent ratio is 22.9, 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.
What neighborhoods in Sherwood, OR are best for renting a condo?
The best neighborhood for renting in Sherwood, OR depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Greenburg Road, Highland, Mountain Park and West Portland Park, each with its own character and price range.

Rental Home Trends in Sherwood, OR

Rental Home Trends

Number of Condos for Rent
1
Median Condo Rent
$2,147
Median 1 Bedroom Condo Rent
$1,995
Median 2 Bedroom Condo Rent
$2,299
How to Rent a Home