
Cheap Apartments for Rent in Sherwood Park, AB from $600 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Sherwood Park.


Soho Manor

Northridge Estates

3607 118 Ave NW

11919-11955 55 St NW
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.

Hermitage Village Apartments

River Heights Apartments
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.
Sherwood Park, AB Local Guide

How much does it cost to rent an apartment in Sherwood Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherwood Park Studio Apartments | $930 | $623 | $1,130 |
| Sherwood Park 1 Bedroom Apartments | $1,345 | $999 | $1,731 |
| Sherwood Park 2 Bedroom Apartments | $1,548 | $621 | $1,885 |
| Sherwood Park 3 Bedroom Apartments | $1,751 | $1,499 | $2,209 |
Browse Top Apartments in Sherwood Park
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Sherwood Park, AB Local Guide
- Nearby Cities
Cheapest Available Sherwood Park Apartments for Rent and Nearby
 The cheapest available apartment rental in Sherwood Park, AB is a Studio unit found at Soho Manor in the South neighborhood priced from $955. Northridge Estates in the North neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $956. Here is today’s list of the most affordable Sherwood Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Soho Manor | - Bachelor | Studio,1BA | $955 |
| Northridge Estates | Studio | Studio,1BA | $956 |
| Riverview Plaza | 1 Bedroom | 1BR,1BA | $1,078 |
| Victoria County | - 1 Bedroom | 1BR,1BA | $1,105 |
| Christopher County | - 1 Bedroom | 1BR,1BA | $1,129 |
Best Value Apartments for Rent in Sherwood Park, AB and Nearby
As of December 17, 2025 the best value apartment in the Sherwood Park area is the $1.64 price per square foot 3 BR 2 BA Model at Maple Oak Ridge in the in the South neighborhood starting from $2,000. The second greatest value Sherwood Park apartment is the Classic 3 Bedroom Model at Greenwood Village starting at $1,749 with a $1.46 price per square foot in the Outlying neighborhood. Here is today’s list of the best values for Sherwood Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Maple Oak Ridge | 3 BR 2 BA | 3BR,2BA | $1.64 |
| Greenwood Village | Classic 3 Bedroom | 3BR,1.5BA | $1.46 |
| Hartford County Townhomes | - 3 Bedroom | 3BR,1.5BA | $1.62 |
| Spruce Arms | - 3 Bedroom | 3BR,1BA | $1.47 |
| Imperial Tower | 2 Bed 1.5 Bath + Den | 2BR,1.5BA | $1.46 |
| Victoria County | - 2 Bedroom | 2BR,1BA | $1.48 |
| Rivervalley Townhomes | 2 Bedroom Large - with Balcony | 2BR,1BA | $1.70 |
| Cameron County | - 1 Bedroom | 1BR,1BA | $1.36 |
| Christopher County | - 2 Bedroom | 2BR,1BA | $1.64 |
| Durham County | - 1 Bedroom | 1BR,1BA | $1.58 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 Sherwood Park, AB Rentals by Map
See the most popular apartments and homes in Sherwood Park, AB
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 $1,014 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 $1,180 at Soho Manor.
What is the most affordable Sherwood Park Three Bedroom Apartment?
The best deal on a cheap Sherwood Park Three Bedroom Apartment rental is at Parkview Estates and starts from $1,374.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.



