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Example household · $83,730 · same pay · 1 adult

Sherman

Housing in Sherman, TX: Rent, Home Prices & Property Tax

$2,845 left/mo

$959/mo (1 bd) in Sherman. Median home $228,300. Property tax 1.29%.

Pick a home cityHow we figure this
Rent (1-bedroom)
$959
/mo
Buy
$1,699
Mortgage, tax, insurance
Buying costs more
$740
/mo

To buy

  • 20% down payment$45,660
  • Mortgage at 7.24%$1,245
  • Property tax (1.29% of value)$245/mo · $2,945/yr
  • Insurance and upkeep$209
  • Monthly total$1,699

Months to 20% down

$2,845 left each month. About 17 months (1.4 years) to save $45,660.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

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