Rent Tracker
Rent Inflation in Sherman, TX
The average asking rent in Sherman, TX is $1,339/month as of 2026-08. That is -2.1% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,339/mo
as of 2026-08
Year-over-Year Change
-2.1%
24-Month Rent Trend
Monthly ZORI index values for Sherman, TX.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $1,339 | -0.30% |
| 2026-07 | $1,343 | +0.60% |
| 2026-06 | $1,335 | -1.11% |
| 2026-05 | $1,350 | -1.39% |
| 2026-04 | $1,369 | -1.51% |
| 2026-03 | $1,390 | +0.65% |
| 2026-02 | $1,381 | -0.65% |
| 2026-01 | $1,390 | +0.58% |
| 2025-12 | $1,382 | -2.06% |
| 2025-11 | $1,411 | +2.47% |
| 2025-10 | $1,377 | -0.15% |
| 2025-09 | $1,379 | +0.80% |
| 2025-08 | $1,368 | -2.56% |
| 2025-07 | $1,404 | -0.71% |
| 2025-06 | $1,414 | +0.14% |
| 2025-05 | $1,412 | -0.28% |
| 2025-04 | $1,416 | +0.43% |
| 2025-03 | $1,410 | +0.36% |
| 2025-02 | $1,405 | -0.64% |
| 2025-01 | $1,414 | -0.84% |
| 2024-12 | $1,426 | -0.63% |
| 2024-11 | $1,435 | +1.92% |
| 2024-10 | $1,408 | +1.22% |
| 2024-09 | $1,391 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
Compare All Cities
Open Full Rent Tracker →Other Cities
Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices