
Cheap Apartments for Rent in Sheridan Lake, CO from $300 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Sheridan Lake.


Continental Apartments

Total Monthly Price
102 N 9th St, Unit A

1408 Buffalo Jones Ave

Cottonwood Apartment Homes

Cottages of Liberal

Westfield Apartment Homes
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Trails of Garden City

Smokey Trail Village

635 Elm Ave, Unit 4

Total Monthly Price
1446 Main St, Unit B

O’Loughlin Village

Hillcrest Manor

GRANT PRAIRIE II, IV
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Syracuse Townhomes

Pine Village

Rustic Hills Apartments

Westridge Apartments

Grant Prairie Townhomes I & III

429 Grantham Ave

428 Smokey Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Sheridan Lake, CO Local Guide

How much does it cost to rent an apartment in Sheridan Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sheridan Lake Studio Apartments | $764 | $675 | $829 |
| Sheridan Lake 1 Bedroom Apartments | $962 | $899 | $1,250 |
| Sheridan Lake 2 Bedroom Apartments | $1,163 | $825 | $1,800 |
| Sheridan Lake 3 Bedroom Apartments | $1,193 | $930 | $1,680 |
Browse Top Apartments in Sheridan Lake
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Sheridan Lake, CO Local Guide
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Cheapest Available Sheridan Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Sheridan Lake, CO is a Studio unit found at Pancake Flats in Liberal priced from $675. Cottages of Liberal has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Sheridan Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pancake Flats in Liberal | D | Studio,1BA | $675 |
| Cottages of Liberal | 1 Bedroom 1 Bathroom | 1BR,1BA | $899 |
| Cottonwood Apartment Homes | 3 Bedroom 2 Bathroom | 3BR,2BA | $985 |
| Smokey Trail Village | 2 Bed, 1 Bath | 2BR,1BA | $1,180 |
Best Value Apartments for Rent in Sheridan Lake, CO and Nearby
As of June 14, 2026 the best value apartment in the Sheridan Lake area is the $0.95 price per square foot 3 Bedroom 2 Bathroom Model at Cottonwood Apartment Homes in the starting from $985. The second greatest value Sheridan Lake apartment is the 2 Bed, 1 Bath Model at Smokey Trail Village starting at $1,180 with a $1.48 price per square foot . Here is today’s list of the best values for Sheridan Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cottonwood Apartment Homes | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.95 |
| Smokey Trail Village | 2 Bed, 1 Bath | 2BR,1BA | $1.48 |
| Cottages of Liberal | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.23 |
| 1446 Main St, Unit B | 1446 Main St | 2BR,1BA | $1.86 |
| Pancake Flats in Liberal | D | Studio ,1BA | $2.77 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sheridan Lake, CO Rentals by Map
See the most popular apartments and homes in Sheridan Lake, CO
Frequently Asked Questions about Cheap Sheridan Lake Apartments
What is the Cheapest Studio apartment in Sheridan Lake?
Currently the most affordable Cheap Studio Apartment in Sheridan Lake is at Pancake Flats in Liberal listed at $675.
What is the lowest price for a Cheap Two Bedroom Sheridan Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Sheridan Lake is starting from $1,180 at Smokey Trail Village.
What is the most affordable Sheridan Lake Three Bedroom Apartment?
The best deal on a cheap Sheridan Lake Three Bedroom Apartment rental is at Cottonwood Apartment Homes and starts from $985.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.