Sherwood, Ohio Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Sherwood, Ohio rental market.
Sherwood, Ohio
Average Apartment Rent
$1,460
Y-o-Y Change in Average
Apartment Rent
2.6%
As of March 2026
Compared to a year ago, Sherwood, Ohio apartments have recorded a 2.6% rent increase.
Sherwood, Ohio Average apartment rent trend
Sherwood, Ohio Average Apartment Rent
Sherwood, Ohio Apartment rent ranges
At 42.8%, apartments priced $1,000 - $1,500 represent the bulk of Sherwood, Ohio rentals, while condos priced Over $3,000 hold the lowest share of the market – 2.33%.
Sherwood, Ohio Housing tenure**
Renters take up 9% of Sherwood, Ohio real estate, occupying a total of 131 units, while homeowners live in 1,262 properties.
Median number of rooms of renter-occupied housing units**
4.2
Average household size of renter-occupied housing units**
1.73
Sherwood, Ohio Renter-occupied housing units by no. of bedrooms**
There are 65 rentals in Sherwood, Ohio with 2 beds making up the highest share of the market, at 50%. Units with No bedrooms, on the other hand, hold the lowest percentage (15%), amounting to 20 units. Overall, the median number of rooms in Sherwood, Ohio homes for rent is 4.2.
Sherwood, Ohio Renter-occupied units by age of householder**
Most condos for rent in Sherwood, Ohio are occupied by residents in the 75 - 84 years age group (60%), followed by those in the 65 - 74 years age group (15%). At the same time, people in the 25 - 34 years age group make up the lowest share of the local rental market – 11%.
Sherwood, Ohio Renter-occupied housing units by family type**
Sherwood, Ohio Renter-occupied housing units by the presence of own children**
A total of 46 apartments for rent in Sherwood, Ohio, or 35% of all rentals are family households. Additionally, 13% of rental homes include children under the age of 18 – that’s 17 units. All in all, the median size of a renter-occupied household in Sherwood, Ohio is 1.73.
Sherwood, Ohio Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 11% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Sherwood, Ohio.
Sherwood, Ohio Renter-occupied units by year structure built**
The highest share of Sherwood, Ohio apartment rentals, namely 50% or 65 units, were Built 1950 - 1959, followed by those Built 1960 - 1969 (28%, 37 units), and the ones Built 1970 - 1979 (11%, 15 units).
Sherwood, Ohio Renter-occupied units by year householder moved in**
Median year renter moved into unit 2014
Most Sherwood, Ohio renters (78%) moved in 2010 to 2017, while only 11% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Sherwood, Ohio condos for rent is 2014.
Sherwood, Ohio Renter-occupied housing units by vehicles available**
When it comes to transportation options, 50% of Sherwood, Ohio renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 15% have No vehicle available.
Sherwood, Ohio Means of transportation to work of householders living in renter-occupied housing units**
Sherwood, Ohio Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Sherwood, Ohio apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
