Sherwood, TX

Rent in Sherwood

Median Gross Rent

$1,212

Rent-to-Income Ratio

18.6%

Renter Share

36.2%

Median Renter Income

$61,534

Avg Household Size

3

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

3 Bedrooms: $1,430

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 18.8%
$1,000-$1,500: 54.0%
$1,500-$2,000: 12.7%
$2,000-$2,500: 9.6%
$2,500+: 0.0%
No Cash Rent: 4.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 52.6%
20-30% (moderate): 5.3%
30-50% (cost-burdened): 29.2%
50%+ (severely cost-burdened): 6.1%
Not Computed: 6.8%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $73,375
Renter Households: $61,534

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 52.6%
$1,000-$1,500: 29.6%
$1,500-$2,000: 12.9%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 4.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources