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Sherwood, OR Homes for Rent

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    Starting at $1,618

    Total Monthly Price

    • 1 - 3 Beds

    21759 SW Cedar Brook Way, Sherwood, OR 97140

    Welcome home to Creekview Crossing!

    Creekview Crossing

    21759 SW Cedar Brook Way, Sherwood, OR 97140
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    Starting at $1,715 Per Month

    • 1 - 3 Beds

    16100 SW Century Dr, Sherwood, OR 97140

    Because all things are not created equal. Sunfield Lakes offers an unmatched quality not traditionally found in an apartment residence. Located in the charming town of Sherwood, where modern convenience meets country living. With the gateway to Yamhill County at your doorstep you'll find the stylish comfort you want and special features you'll appreciate in a community. Please call for an

    Sunfield Lakes

    16100 SW Century Dr, Sherwood, OR 97140
  • /25

    Call for Price

    • Studio - 3 Beds

    22550 SW Highland Dr, Sherwood, OR 97140

    Old town Sherwood charm meets downtown Sherwood convenience at Cannery Row! Our beautiful community is centrally located near shops, fine dining, and exciting entertainment destinations. Let Cannery Row be your gateway to quality and convenience in Sherwood, Oregon.

    Cannery Row

    22550 SW Highland Dr, Sherwood, OR 97140
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    $2,595 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,318 Sq Ft
    • House for Rent

    17538 SW Wapato St, Sherwood, OR 97140

    Welcome to 17538 Southwest Wapato Street, a comfortable 3-bedroom, 2.5-bathroom home offering 1,318 square feet of living space on the ground floor. The kitchen includes a breakfast bar and comes equipped with a refrigerator, electric range and oven, and dishwasher. The primary suite features an attached bath and a large closet. A decorative fireplace adds character to the home. Washer and dryer

    17538 SW Wapato St, Sherwood, OR 97140
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    $2,495 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,200 Sq Ft
    • House for Rent

    15808 SW Division St, Sherwood, OR 97140

    A well-appointed 3-bedroom, 2-bath duplex home located just three blocks from Old Town. This residence features 9-foot ceilings and a bright, open layout with stainless steel appliances and a gas stove in the kitchen. Step outside to a large patio and fenced yard with an outdoor fire pit, perfect for entertaining or relaxing. Additional comforts include air conditioning for year-round

    15808 SW Division St, Sherwood, OR 97140
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    $3,100 Per Month

    • 4 Beds
    • 2.5 Baths
    • 1,857 Sq Ft
    • House for Rent

    17515 SW Wapato Is Dr, Sherwood, OR 97140

    Property Id: 2792310 Move-in Special: One month free with a 22-month lease. Like-new home with an expansive oversized yard and a rare three-car garage. This home feels larger than the square footage indicates, offering bright open spaces, a flexible upstairs loft, and a beautifully enhanced backyard. The lot includes fruit trees, garden beds, and newly added concrete for a large outdoor

    17515 SW Wapato Is Dr, Sherwood, OR 97140
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    $2,378

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,049 Sq Ft
    • House for Rent

    15908 SW 2nd St, Sherwood, OR 97140

    Charming 1920's home in an amazing location! Located right in the heart of Old Town Sherwood, This light and bright home, is walking distance to coffee, restaurants, bakeries, boutique shops, theater, wine tasting, parks, highly rated sherwood schools and the sherwood library just to name a few! If that isn't enough, it is only a couple blocks to Sherwood location Tri-Met park and ride.

    15908 SW 2nd St, Sherwood, OR 97140
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    $3,700 Per Month

    • 4 Beds
    • 3 Baths
    • 2,321 Sq Ft
    • House for Rent

    17705 SW Lockwood Ct, Sherwood, OR 97140

    Available: August 25, 2026Pet’s: No PetsApproximate Sq. Ft: 2321Bedrooms: 4Bathrooms: 3Heating: Gas HeatTerms: 12-Month LeaseRent: $3,700.00Security Deposit: $3,675.00Screening Charge: $55.00 per person 18 years and olderCounty: WashingtonDescription:Sherwood- Newer Construction! Beautiful Light and Bright Home features a guest bedroom and full

    17705 SW Lockwood Ct, Sherwood, OR 97140
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    $2,999 Per Month

    • 4 Beds
    • 2.5 Baths
    • 1,647 Sq Ft
    • House for Rent

    23858 SW Pinecone Ave, Sherwood, OR 97140

    Love Where You Live. Apply Today, Tour Tomorrow.Welcome home to Sherwood, where convenience, comfort, and community come together perfectly. This desirable location places you on a tree lined street with easy access to Old Town Sherwood, Highway 99, and multiple parks. Whether you're commuting into Portland or enjoying the nearby dining and nightlife scene, this home offers easy access to

    23858 SW Pinecone Ave, Sherwood, OR 97140
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    $1,395 Per Month

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    22745 SW Orcutt Place Unit 3, Sherwood, OR 97140

    DESCRIPTION: 2 Bed Duplex + Fenced Yard + W/D + Parking IncludedEnjoy comfortable living in this charming 2-bedroom, 1-bath duplex tucked away on a private cul-de-sac in the heart of Old Town Sherwood. With wood flooring throughout, a private fenced yard, and pet-friendly policies, this home offers the perfect blend of convenience and comfort.RENTAL FEATURES:- 2 Bedrooms-

    22745 SW Orcutt Place Unit 3, Sherwood, OR 97140
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    $2,495 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,388 Sq Ft
    • House for Rent

    21371 SW Madeira Terrace, Sherwood, OR 97140

    Desirable Sherwood Townhome in a great Location! The Entry Leads into the Spacious Family Room with a Half Wall Overlooking the Dining Area. Dining area has a slider that leads to fenced in back patio. The Kitchen Boasts tons of Cabinets, Tile Counters and Black Appliances. Upstairs features a Master Suite with a ,Full Bath and Walk-in Closet w/Custom Organizers. The additional Bedrooms are

    21371 SW Madeira Terrace, Sherwood, OR 97140
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    $1,695 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    22833 SW Washington St Unit 1, Sherwood, OR 97140

    Quaint Old Town Sherwood offers a bright 2-bedroom, 1-bath apartment in the heart of Sherwood. The unit includes an in-home washer and dryer and provides additional storage space for your belongings. Step outside to a fenced backyard and enjoy the convenience of off-street parking. Located near shopping and restaurants, this residence places daily conveniences within easy reach.

    22833 SW Washington St Unit 1, Sherwood, OR 97140
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    $2,695 Per Month

    • 3 Beds
    • 2 Baths
    • 1,486 Sq Ft
    • House for Rent

    17189 SW Greengate Dr, Sherwood, OR 97140

    Homes for rent in Sherwood are a rare find, and this one is sure to impress! Don't miss your opportunity to make this beautiful home yours.This spacious 3-bedroom, 2-bathroom home offers a thoughtful floor plan with room for everyone. Enjoy both a welcoming living room and a comfortable family room, connected by a stunning double-sided gas fireplace that creates the perfect ambiance for

    17189 SW Greengate Dr, Sherwood, OR 97140
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    $2,895 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,018 Sq Ft
    • House for Rent

    21315 SW Baler Way, Sherwood, OR 97140

    Properties are renting quickly; we encourage you to apply before viewing, to be first in line for consideration.**Property is available immediately and is only able to be held for up to two weeks from the approved application date**Video Tour Link: Outdoor Space Video: Three bedroom, two and a half bath home in desirable Sherwood location - near shopping, restaurants, brew

    21315 SW Baler Way, Sherwood, OR 97140
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    $1,395 Per Month

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • House for Rent

    22745 SW Orcutt Place, Sherwood, OR 97140

    DESCRIPTION: 2 Bed Duplex + Fenced Yard + W/D + Parking IncludedEnjoy comfortable living in this charming 2-bedroom, 1-bath duplex tucked away on a private cul-de-sac in the heart of Old Town Sherwood. With wood flooring throughout, a private fenced yard, and pet-friendly policies, this home offers the perfect blend of convenience and comfort.RENTAL FEATURES:- 2 Bedrooms-

    22745 SW Orcutt Place, Sherwood, OR 97140
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    $3,699 Per Month

    • 5 Beds
    • 4 Baths
    • 2,926 Sq Ft
    • House for Rent

    22665 SW Schaltenbrand Ln, Sherwood, OR 97140

    Love Where You Live. Apply Today, Tour Tomorrow.Escape to a peaceful, wooded setting just outside of Sherwood, where privacy and natural beauty surround you while shopping, dining, schools, and everyday conveniences remain within easy reach. Tucked among mature trees, this unique five-bedroom home offers a secluded Pacific Northwest atmosphere with generous indoor and outdoor living

    22665 SW Schaltenbrand Ln, Sherwood, OR 97140
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    $1,675 Per Month

    • 2 Beds
    • 1 Bath
    • 749 Sq Ft
    • Condo for Rent

    22836 SW Forest Creek Dr Unit 100, Sherwood, OR 97140

    Ground-Floor Condo with Two Patios, Pool & Fitness Center Access! Welcome home to this bright and inviting ground-floor 2-bedroom condo in the desirable Woodhaven community in Sherwood! With fresh exterior paint throughout the complex, the community feels refreshed and welcoming from the moment you arrive. Inside, you'll find a comfortable open-concept layout featuring a spacious living

    22836 SW Forest Creek Dr Unit 100, Sherwood, OR 97140
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    $2,595 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,250 Sq Ft
    • Condo for Rent

    20546 SW Lavender Ave, Sherwood, OR 97140

    ** Start the school year off right! **Schedule your self guided tour 8am to 8pm daily! or visit VIDEO TOUR: *** Updated photo and video tour coming soon! ***Spacious 3 bedroom duplex located in great Sherwood neighborhood. This duplex has a wonderful layout with Luxury Plank flooring throughout the main floor and plush carpet upstairs! Open living room with large

    20546 SW Lavender Ave, Sherwood, OR 97140
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    $3,445 Per Month

    • 4 Beds
    • 3 Baths
    • 3,133 Sq Ft
    • House for Rent

    20462 SW Arnold Place, Sherwood, OR 97140

    This home features a versatile open floor plan ideal for various living arrangements. The updated kitchen is a highlight, offering a walk-in pantry, stainless steel appliances, and a double oven. On the main floor, there's a flexible office/den space and a full bathroom with a tub shower combination.Upstairs, the spacious primary suite includes a walk-in shower, a luxurious jetted tub, a

    20462 SW Arnold Place, Sherwood, OR 97140
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    $2,850 Per Month

    • 4 Beds
    • 2.5 Baths
    • 1,731 Sq Ft
    • House for Rent

    17157 SW Jean Louise Rd, Sherwood, OR 97140

    COMING SOON! AVAILABLE FOR SHOWINGS STARTING SEPTEMBER 16, 2026! Come on in to this Elegant and Immaculate Entertainer's Dream home in the coveted River Terrace community located right off of Schools Ferry. With 4 bedrooms 2 baths on the 2nd level and .5 bath on the main floor. All Stainless steel appliances in this open floor plan kitchen. Washer/Dryer included as well as AC in the home. The

    17157 SW Jean Louise Rd, Sherwood, OR 97140

Why Live in Sherwood

Sherwood, Oregon, a family-oriented city of nearly 20,000 residents, is nestled in the heart of Oregon's wine country. Known for its nostalgic “Old Town,” Sherwood features antique shops, specialty stores, and popular dining spots along its historic railroad tracks. The Sherwood Center for the Arts provides a variety of visual and performing arts programs. Community events are a staple here, with the Robin Hood Festival in July and the Cruisin’ Sherwood classic car show in June drawing large crowds. The Sherwood School District is highly rated, with Sherwood High School boasting a higher graduation rate than the state average and a significant percentage of graduates enrolling in college. Outdoor enthusiasts can explore the Tualatin River Wildlife Refuge, home to over 200 bird species and the site of the annual Tualatin River Bird Festival. Smaller green spaces like Snyder Park and Stella Olsen Memorial Park offer recreational facilities and host events such as Movies in the Park and Music in the Park. The city’s housing market features contemporary traditional homes with Craftsman details, built primarily in the 1990s and 2000s. Sherwood is connected to Portland, 18 miles away, via Pacific Highway West and Interstate 5, with TriMet providing daily bus service to the Tigard Transit Center. While property crime has decreased significantly, violent crime has seen a slight increase but remains a small percentage of overall crime. Sherwood experiences a moderate climate with mild summers and cool, wet winters.

Frequently Asked Questions

How much does it cost to rent a home in Sherwood, OR?
The median rent for a home in Sherwood, OR is $2,595 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while condos 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 $103,800 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 $2,595 per month in Sherwood, OR, renters typically need to show $7,785 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 20.4, 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 home?
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 home include Bull Mountain, River Terrace, East Bull Mountain, Southview and Neighbors Southwest, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
20
Median Rent
$2,595
Median Single Family Home Rent
$2,789
Median Townhouse Rent
$1,395
Median Condo Rent
$1,685
How to Rent a Home