salaryRent is higher than in 61% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (80.3%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $74,680 a year. That is $36 an hour at a full-time job.
Is rent cheaper than other Connecticut cities?
Yes. Rent here is cheaper than in most of Connecticut. It is number 30 of 64 cities from cheapest to most expensive.
How much do households earn in Sherwood Manor?
Share of households by yearly income. 29.3% of households earn $100,000 or more.
Rent by apartment size in Sherwood Manor
| Size | Sherwood Manor | U.S. average |
|---|---|---|
| 1 bedroom | $1,811 | $1,324 |
| 2 bedrooms | $1,869 | $1,509 |
| 3 bedrooms | $2,045 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Sherwood Manor overall?
Everyday prices in Connecticut overall are 4% above the U.S. average (index 103.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Sherwood Manor, so the Connecticut figure is shown.
Taxes and bills in Sherwood Manor
Life in Sherwood Manor
Is it cheaper to rent or buy in Sherwood Manor?
Buying is cheaper month to month: about $96 a month less than renting.
Owning assumes a typical $255,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,530 for the down payment.
Frequently asked questions
What is the average rent in Sherwood Manor, CT?
Renting in Sherwood Manor costs a median of about $1,867 a month in 2026, including utilities. The Connecticut median is $1,920.
How much do I need to make to live in Sherwood Manor?
To keep rent under 30% of income, you need about $74,680 a year, or $36 an hour at a full-time job.
Is Sherwood Manor cheap or expensive?
Sherwood Manor is rated OK: rent takes 22.9% of the typical household income of $97,950. It ranks 30th cheapest of 64 Connecticut cities we track.
How much are property taxes in Sherwood Manor?
The median homeowner in Sherwood Manor pays $5,144 a year in property taxes, about 2.01% of the median home value.
Is Sherwood Manor more expensive than the national average?
Overall prices in Connecticut are 4% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Sherwood Manor?
The median home value in Sherwood Manor is $255,300, about 2.6 times the typical yearly household income.
5,706 people live in Sherwood Manor. Numbers are typical (middle) values.