Sherman, IL rental market
Last updated July 31, 2025
Rental market summary
The average rent for all bedrooms and all property types in Sherman, IL is $1,995.
$1,995
-$505
+$245
5
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,900 to $3,500.
| Rent price | Number of rental properties |
|---|---|
| $1,800 | 1 |
| $1,900 | 3 |
| $2,400 | 1 |
| $3,400 | 1 |
| $3,500+ | 1 |
Average rent price over time
In the last year, rent has increased by $245 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,700 | $3,500 |
| Feb | $1,500 | $3,500 |
| Mar | $1,700 | $3,500 |
| Apr | $1,500 | $3,500 |
| Aug | $1,750 | $3,500 |
| Sep | $2,250 | $2,350 |
| Oct | $1,675 | $2,500 |
| Nov | $1,700 | No data |
| Dec | $3,500 | No data |
Market temperature
The Sherman, IL rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Sherman, IL is 5% lower than the national average.
$1,995
$2,100
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Frequently asked questions
1. What is the average rent in Sherman, IL?
The average rent in Sherman, IL is $1,995.
2. How much does it cost to rent a house in Sherman, IL?
Houses in Sherman, IL rent between $1,900 - $3,500 with an average rent of $1,995.
3. How has the rent in Sherman, IL changed in the last year?
In the last year, the rent in Sherman, IL increased by $245
4. How much has the rent in Sherman, IL increased/decreased in the last month?
In the last month, the rent in Sherman, IL decreased by $505
5. How many available rentals are there in Sherman, IL?
There are currently 5 rentals available in Sherman, IL.
6. How do rent prices in Sherman, IL compare with the national average?
The average rent in Sherman, IL is $1,995 — 5% lower the national average of $2,100.