Last updated
Average Rent in Sherman Village & Rent Trends
Rent prices and market trends across 1 apartment community in Sherman Village, Madison WI. Updated daily.
Market Average
$2,607/mo
Lowest Available
$2,545/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
15
available now
Sherman Village vs Madison WI Average
Sherman Village is more expensive the Madison WI average by $319/mo (14%). The citywide average is $2,288/mo across all neighborhoods.
Is Rent Going Up or Down in Sherman Village?
As of April 2026, the average rent in Sherman Village is $2,607 per month across 1 apartment community and 15 available units.
The most affordable option is The Marling Apartments starting at $2,545/mo. By unit type, a 2-bedroom averages $2,607/mo.
Prices range from $2,545 to $2,655 per month. The most common price point is the $2,600 range, where 8 units are currently listed.
Sherman Village Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Rent Price Distribution
Rent by Bedroom Type in Sherman Village
Rent Prices by Apartment in Sherman Village
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Marling Apartments | $2,545/mo | $2,607/mo | 15 | 4.5 |
Google Search Trends for Sherman Village Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Sherman Village
What is the average rent in Sherman Village?
Is rent going up or down in Sherman Village?
What is the cheapest apartment in Sherman Village?
How many apartments are available in Sherman Village?
What salary do I need to live comfortably in Sherman Village?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$104,000/year
30 percent rule — using our average rent of $2,607/mo.
Comfortable income
$125,000/year
25 percent rule — leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,545/mo), you need to earn at least $102,000/year.
Median household income in Sherman Village is $76,983 — about 38% below the comfortable-living threshold.
Cost of living in Sherman Village
Overall prices in Sherman Village runs below the national average by about 4% (BEA Regional Price Parity index 95.9, 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 Sherman Village's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,607 |
| Utilities | $413 |
| Groceries | $507 |
| Transportation | $983 |
| Healthcare | $480 |
| Other goods and services | $768 |
| Estimated total | $5,757/mo |
Population
275,568
Median household income
$76,983
Median age
31.8
Mean commute
19 min
Methodology
† Rent data is 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 for utilities, groceries, transportation, healthcare, and other goods and services 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) 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.
Explore Sherman Village Apartments
Browse all 1 communities with daily-updated pricing and availability.