Rent to own Homes in Sherwood, AR
Sherwood, Arkansas is a small town just to the northeast of Little Rock. It has a population of about 30,000 with plenty of old neighborhoods and small-town charm. The Wall Street Journal rated Sherwood as one of the top cities for its caring and friendly people, strong worth ethic, and old-fashioned values. Read the weekly Sherwood Voice for up-to-date news, and get to know your welcoming community in Pulaski County.
Sherwood, AR is a great place for affordable rent-to-own homes! With a median household income of over $63,877 and a median rent of $859, the Sherwood, AR rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Sherwood, AR. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Sherwood, AR Property Resources
Rent to own Homes in Cities Near Sherwood, AR
- Alexander
- Austin
- Avilla
- Bauxite
- Benton
- Bryant
- Cabot
- Cammack Village
- College Station
- Conway
- East End
- El Paso
- England
- Gibson
- Hensley
- Jacksonville
- Jefferson
- Keo
- Landmark
- Little Rock
- Lonoke
- Mabelvale
- Maumelle
- Mayflower
- McAlmont
- Natural Steps
- North Little Rock
- Paron
- Redfield
- Roland
- Sardis
- Scott
- Shannon Hills
- Sherwood
- Sweet Home
- Tucker
- Vilonia
- Woodson
- Wrightsville
Popular Zip Codes in Sherwood, AR
No zip codes foundBuying a Home in Sherwood, AR
Sherwood, AR is seeing rapid growth and Sherwood, AR's' housing market remains optimal with an average home price that is -28% below the 2024 national average. Sherwood, AR is part of Pulaski county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Pulaski is 0.68% which is below the national average, which is 0.99%.
Median Home Price in Sherwood, AR
Median Rent in Sherwood, AR
Top 7 Reasons to Live in Sherwood, AR
Endless ways to play outdoors! The City of Sherwood offers dozens of outdoor recreation options for all seasons. Visit Austin Lakes Parks for water activities, Henson Park for tennis, Fairway Park for seasonal swimming, and Lake Cherrywood Park for fishing adventures. Get ready for the fun! Sherwood is known throughout the state for its neighborhood sporting events. The entire city comes out and makes each sporting day and event to remember.
Lower real estate taxes! Inexpensive housing prices equal low property taxes. Median property taxes for Sherwood residents is only 0.7 of the home's value, much lower than nearby Little Rock along interstate 30 to the south. This is less than half of the national average of around 2 percent. Rental homes throughout the city are available as well.
It's home to the Roundtop Filling Station! The filling station was built with a unique design in 1936 as a way to attract visitors traveling between Little Rock and Jacksonville. Added to the National Register of Historic Places in February 2008, the filling station obtained a $78,000 historical preservation grant provided by the Arkansas Historic Preservation Program in 2014.
It's just a hop away from Little Rock! Close proximity to the big city means Sherwood residents live close enough to benefit from local entertainment, such as the Arkansas Art Center, the Arkansas Sports Center, and the Arkansas Korean War Veterans Memorial; but they don't have to pay big-city prices for housing and entertainment.
Bursting with small-town charm! Sherwood is bursting with local pride, and the city offers dozens of city-run celebrations each year, including the Trail of Lights in December, the community Fourth of July Parade, and the Halloween Festival.
It's affordable! With the average selling price of homes hovering around $150,000, Sherwood provides excellent real estate value for new and rent to own existing home buyers alike. Throughout the past decade, Sherwood homes have held their value better than large city residential and commercial buildings. Pick out your new home in Sherwood, and treat yourself to exploring the nearby shops and restaurants like Ropers or Zaffino's Grapevine Cafe.