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Studio Apartment for Rent in Sherwood, OR

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    $3,500 Per Month

    • Studio
    • 1 Bath
    • House for Rent

    16093 SW Roy Rogers Rd, Sherwood, OR 97140

    Rare Opportunity – Level Usable Acreage with Expansive Shop Space in Sherwood/Tigard!Exceptional level and fully usable acreage offering incredible flexibility for work and storage needs. This unique property is ideal for a landscaper, contractor, small business owner, or retail farm operation looking for space to operate and grow.Property Features Include:Detached 2-Car

    16093 SW Roy Rogers 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 $2,347 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes and townhouses 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 $93,880 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 $2,347 per month in Sherwood, OR, renters typically need to show $7,041 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 22.4, 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.

Rental Home Trends in Sherwood, OR

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,347
Median Single Family Home Rent
$2,370
Median Townhouse Rent
$2,395
Median Condo Rent
$2,299
How to Rent a Home