Last updated
Average Rent in Sherwood Forest & Rent Trends
Rent prices and market trends across 1 apartment community in Sherwood Forest, Carmel, IN. Updated daily.
Market Average
$2,525/mo
Lowest Available
$2,525/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
1
available now
Sherwood Forest vs Carmel, IN Average
Sherwood Forest is more expensive than the Carmel, IN average by $846/mo (50%). The citywide average is $1,679/mo across all neighborhoods.
Is Rent Going Up or Down in Sherwood Forest?
As of August 2026, the average rent in Sherwood Forest is $2,525 per month across 1 apartment community and 1 available units.
The most affordable option is Nook Nine starting at $2,525/mo. By unit type, a 3-bedroom averages $2,525/mo.
Prices range from $2,525 to $2,525 per month. The most common price point is the $2,400 range, where 1 units are currently listed.
Rent by Bedroom Type in Sherwood Forest
Rent Prices by Apartment in Sherwood Forest
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Nook Nine | $2,525/mo | $2,525/mo | 1 | 5 |
Frequently Asked Questions About Rent in Sherwood Forest
What is the average rent in Sherwood Forest?
Is rent going up or down in Sherwood Forest?
What is the cheapest apartment in Sherwood Forest?
How many apartments are available in Sherwood Forest?
What salary do I need to live comfortably in Sherwood Forest?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$101,000/year
Based on the 30 percent rule, using our tracked average rent of $2,525/mo.
Comfortable income
$121,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
Median household income in Sherwood Forest is $134,602 , about 11% above the comfortable-living threshold.
Cost of living in Sherwood Forest
Overall prices in Sherwood Forest runs below the national average by about 5% (BEA Regional Price Parity index 94.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Sherwood Forest's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,525 |
| Utilities | $374 |
| Groceries | $512 |
| Transportation | $892 |
| Healthcare | $435 |
| Other goods and services | $696 |
| Estimated total | $5,434/mo |
Population
100,501
Median household income
$134,602
Census median rent
$1,607/mo
Rent as % of income
25.8%
Median age
40.5
Mean commute
25 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Sherwood Forest Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Sherwood Forest Apartments
Browse all 1 communities with daily-updated pricing and availability.