Quick Answer: Moving to Sherman, TX as a renter means budgeting about $1,040 for a one-bedroom or $1,311 for a two-bedroom, based on Rentometer's April 2026 averages. You pick your own electricity provider, set up internet yourself, and should confirm in writing which bills your rent covers before you sign.
Moving to Sherman, TX as a renter is easier when you know the numbers before you tour. Sherman is the Grayson County seat, about an hour north of Dallas on US-75, and it is growing fast. The District at Sherman, serving Sherman and nearby Denison renters, sits on Archer Circle on the west side, and you can see where the community sits on the map before you plan a visit.
This guide covers rent, bills, a first-month to-do list and where to spend a Saturday.
What to look for when moving to Sherman
Start with three things: total monthly cost, commute, and lease terms. Sherman's population reached 52,417 in July 2025, up 20% from 2020 according to the U.S. Census Bureau, so the better-priced units go quickly. Ask every leasing office for the full monthly figure with fees, not just base rent, and get the answer in writing.
Places to rent in Sherman TX by area
Most rentals fall into a few pockets. West Sherman, along FM 1417 and US-82, has the newer complexes and the quickest drive to the semiconductor plants. Central Sherman near downtown and Austin College has older buildings and single-family rentals. South Sherman along US-75 suits people who commute toward McKinney or Plano.
The Census Bureau puts the average commute for Sherman workers at 23.2 minutes. Test yours at shift time, because traffic near the plants changes with the shift schedule.
Lease details worth checking
- Which utilities are billed separately, and whether water is submetered or split by a formula
- Pet fees, pet rent and any screening the community requires before move-in
- Parking: assigned spaces, carport rental and where guests can park
- Lease length options if you are on a contract or a relocation package
Ask about move-in costs on the same call. Application fees, an administrative fee, a security deposit and the first month's prorated rent often land in the same week, and that total matters more than the monthly figure when you are also paying movers. If you have a dog or cat, expect a pet deposit plus monthly pet rent at most communities.
What is the cost of living in Sherman?
Rent is the largest line, and it runs well below Dallas. The Census Bureau's 2020-2024 American Community Survey lists Sherman's median gross rent at $1,324 and median household income at $58,859. Listing sites report lower asking rents for apartments alone, since the Census figure includes houses and utilities. See the Census QuickFacts page for Sherman for the full table.
| Monthly cost | Typical figure | Source and date |
|---|---|---|
| One-bedroom rent | $1,040 | Rentometer, April 2026 |
| Two-bedroom rent | $1,311 | Rentometer, April 2026 |
| Three-bedroom rent | $1,760 | Rentometer, April 2026 |
| Electricity | About $156 | Choose Texas Power average bill, 2026 |
| Water at 5,000 gallons | About $40 | Utility-rates.com estimate from city rates |
| Median gross rent, all rentals | $1,324 | U.S. Census Bureau, 2020-2024 |
One caveat. Published averages disagree: Trulia showed a one-bedroom average of $899 in May 2026, well under Rentometer's number. Treat any average as a starting range and price the actual unit.
Cheap apartments in Sherman TX
Lower rents show up in older garden-style communities and in units without in-unit laundry or covered parking. Ask about the total move-in cost too. A low rent with a large deposit and three add-on fees can cost more in month one than a slightly higher rent with fewer charges. Compare one, two and three bedroom layouts side by side so you are paying for space you'll use.
Sherman TX utilities and who to call
Electricity works differently here than in many states. Oncor delivers the power and handles outages, but you choose the retail company that bills you. The Public Utility Commission of Texas runs Power to Choose, a free comparison site. Water, sewer and trash come from the City of Sherman, and many apartment communities bill those back to residents. Atmos Energy serves natural gas where a building has it.
Skip choosing an electricity plan and you can land on a default provider at a higher rate. Do it a week before move-in.
Internet is separate from all of this. Availability changes by street and even by building, so ask the leasing office which providers already serve your unit and whether installation needs a technician visit. Book that appointment early. Ten days without service is a long wait if you work from home or start a new job that Monday.
Moving checklist for your first 30 days
- Two weeks out: pick an electricity plan and schedule internet installation for move-in day.
- One week out: file your change of address. The official process costs $1.10 online, and USA.gov explains how to change your address with the Postal Service, the IRS and Social Security.
- Move-in day: photograph every room and return the inventory form before the deadline in your lease.
- First week: buy renters insurance if your lease requires it, and register your vehicle and pets with the leasing office.
- Within 30 days: update your Texas driver's license and voter registration with the new address.
Things to do in Sherman TX once you unpack
Herman Baker Park has a 1.5-mile trail around its lake and sits about a mile from Archer Circle. Pecan Grove Park West hosts the city's fireworks and festivals. Downtown, The Sherman Museum covers local history and fossils for a few dollars. Want open water? Hagerman National Wildlife Refuge and Eisenhower State Park both sit on Lake Texoma, 20 to 30 minutes north.
Frequently Asked Questions
1. Is Sherman, Texas a good place to rent?
For most budgets, yes. Rent runs below Dallas-area suburbs, the average commute is 23.2 minutes according to the Census Bureau, and Texas Instruments and GlobalWafers both run plants here. The tradeoff is competition. A 20% population increase since 2020 means good units lease fast, so apply as soon as you find a fit.
2. Are there all bills paid apartments in Sherman Texas?
Listings use the phrase loosely. Some mean every utility is in the rent. Others mean only water and trash, with electricity still on you. Ask for a written list of what is included, what is submetered, and the average monthly total other residents pay for the same floor plan.
3. How much should I earn to rent in Sherman?
Many Texas communities ask for gross income of about three times the rent, though each sets its own rule. At Rentometer's April 2026 average of $1,040 for a one-bedroom, that works out to roughly $3,120 a month. Confirm the exact requirement with the leasing office before paying an application fee.
4. What do I need to set up before move-in day?
- An electricity plan with a start date matching your lease
- Internet installation appointment
- Renters insurance, if required
- USPS change of address
- Pet records and vehicle details for the leasing office
5. Is there a neighborhood Walmart Sherman TX renters can reach quickly?
Yes. Walmart Neighborhood Market is at 2210 FM 1417 on the west side, open 6 a.m. to 11 p.m. daily as of October 2026, and roughly two miles from Archer Circle. The larger Walmart Supercenter is on US-82 for furniture, hardware and other move-in purchases.
Conclusion
Sherman rewards renters who do the math first. Price the whole month, sort out electricity early, and work the checklist above in order. If west Sherman fits your commute, The District at Sherman has 13 floor plans across apartments and townhomes, and sherman apartments on this side of town put you close to FM 1417 and US-82. Review the community amenities, then schedule a tour. Moving to Sherman, TX as a renter goes smoother with a lease you fully understand.
