Cheap Apartments for Rent in Sherwood Park, AB from $600 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in Sherwood Park.

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.

property at 11837 54th St. NW

$1,149 - $2,099

2 To 4 Bedroom Rentals

Available Now

11837 54th St. NW

EdmontonABT5W 3M8

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.

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Northstar Affordable
$800 - $9851 to 3 Bedroom Apartments

Northstar Affordable

11530 34th St NWEdmonton, AB T5W 4V3
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Capilano Court
$950 - $1,350Studio to 2 Bedroom Apartments

Capilano Court

6203 100 Ave NWEdmonton, AB T6A 0G1
  • Utilities Included
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Soho Manor
$992 - $1,648Studio to 2 Bedroom Apartments

Soho Manor

10003 62 St NWEdmonton, AB T6A 2L6
  • Utilities Included

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.

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Amarillys
$1,0001 Bedroom Apartments

Amarillys

3511 118th Ave NWEdmonton, AB T5W 4P6
  • Utilities Included
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Riverview Plaza
$1,115 - $1,2291 to 3 Bedroom Apartments

Riverview Plaza

11915 34th StEdmonton, AB T5W 4V4
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Imperial Tower
$1,126 - $1,5841 to 3 Bedroom Apartments

Imperial Tower

6425 101st Ave NWEdmonton, AB T6A 0H4
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River Heights West
$1,150 - $1,1951 to 2 Bedroom Apartments

River Heights West

3415 106 Ave NWEdmonton, AB T5W 0C1

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Meadowview Apartments
$1,195 - $1,3251 to 2 Bedroom Apartments

Meadowview Apartments

11420 34th St NWEdmonton, AB T5W 4V7
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Royal
$1,1951 Bedroom Apartments

Royal

3615 119 Ave NWEdmonton, AB T5W 1H1
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Parkview Estates
$1,309 - $1,6092 to 3 Bedroom Apartments

Parkview Estates

3216 116A Ave NWEdmonton, AB T5W 4R1
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Parkview Estates
$1,334 - $1,6392 to 3 Bedroom Apartments

Parkview Estates

116 A AvEdmonton, AB T5W 4R1
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Capilano Tower
$1,338 - $1,3651 to 2 Bedroom Apartments

Capilano Tower

6205 101 Ave NWEdmonton, AB T6A 0H3

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Sherwood Park, AB Local Guide

Cheapest Available Sherwood Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sherwood Park, AB is a 1 Bed unit found at Northridge Estates in the North neighborhood priced from $1,104. Riverview Plaza in the North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,115. Here is today’s list of the most affordable Sherwood Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northridge Estates1 Bedroom1BR,1BA$1,104
Riverview Plaza1 Bedroom1BR,1BA$1,115
Durham County- 1 Bedroom1BR,1BA$1,124
Hermitage Village Apartments1 Bedroom1BR,1BA$1,149
Christopher County- 1 Bedroom1BR,1BA$1,170
Cameron County- 1 Bedroom1BR,1BA$1,200
Victoria County- 1 Bedroom1BR,1BA$1,254
Parkview Estates2 Bedroom Townhouse2BR,1BA$1,334
Spruce Arms- 2 Bedroom2BR,1BA$1,336
Broadview Meadows Apartments1 Bedroom1BR,1BA$1,370

Best Value Apartments for Rent in Sherwood Park, AB and Nearby

As of June 16, 2026 the best value apartment in the Sherwood Park area is the $1.66 price per square foot 3 Bedroom Large - Renovated Model at Rivervalley Townhomes in the in the South neighborhood starting from $1,769. The second greatest value Sherwood Park apartment is the - 3 Bedroom Model at Hartford County Townhomes starting at $1,670 with a $1.57 price per square foot in the North neighborhood. Here is today’s list of the best values for Sherwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rivervalley Townhomes3 Bedroom Large - Renovated3BR,1BA$1.66
Hartford County Townhomes- 3 Bedroom3BR,1.5BA$1.57
Hooke County Townhomes- 3 Bedroom3BR,1.5BA$1.56
Cavell Ridge Townhomes- 2 Bedroom2BR,1BA$1.66
Cavell Ridge Townhomes- 2 Bedroom2BR,1BA$1.66
Spruce Arms- 2 Bedroom2BR,1BA$1.55
Cameron County- 1 Bedroom1BR,1BA$1.41
Victoria County- 1 Bedroom1BR,1BA$1.60
Durham County- 1 Bedroom1BR,1BA$1.51
Hermitage Village Apartments1 Bedroom1BR,1BA$1.65

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.

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Real 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Sherwood Park Apartments

How much is rent for a Cheap One Bedroom Sherwood Park Apartment?

The lowest price for a Cheap One Bedroom Sherwood Park Apartment is $1,104 at Northridge Estates.

What is the lowest price for a Cheap Two Bedroom Sherwood Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sherwood Park is starting from $1,229 at Riverview Plaza.

What is the most affordable Sherwood Park Three Bedroom Apartment?

The best deal on a cheap Sherwood Park Three Bedroom Apartment rental is at Hermitage Village Apartments and starts from $1,499.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.