A high strength steel sheet having a high Young's modulus, the steel sheet having a chemical composition including, by mass %, C: 0.060% or more and 0.150% or less, Si: 0.50% or more and 2.20% or less, Mn: 1.00% or more and 3.00% or less, Nb: 0.001% or more and 0.200% or less, and V: 0.001% or more and 0.200% or less, in which the contents of C, Nb, and V satisfy the equation 500≤C*≤1300. The steel sheet has a microstructure including ferrite in an amount of 20% or more and martensite in an amount of 5% or more, in terms of area ratio, such that the average grain size of the ferrite is 20.0 μm or less and the inverse intensity ratio of γ-fiber for α-fiber is 1.00 or more in each of the ferrite and the martensite.