
Cheap Apartments for Rent in Sherwood Park, AB from $600 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Sherwood Park.


Broadview Meadows Apartments

Spruce Arms

Northridge Estates

11919-11955 55 St NW

Hermitage Village Apartments

3607 118 Ave NW

Durham County

12034-12041 41 St NW
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.

11829-11847 47 St NW

11208-11251 51 St NW

Christopher County

3511-3118 118 Ave NW

Cameron County

11827-11847 47 St NW

Victoria County

11837 54th St. NW

11935-11946 46 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.

Northstar Affordable

7542-7580 80 Ave NW

Capilano Court

Soho Manor

1812 155 Ave NW

Amarillys

11919-11101 101 St NW

9740-9782 82 Ave NW

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.

9017-9093 93 St NW

3007-3035 35 St NW

Imperial Tower

River Heights West

Meadowview Apartments

Royal

10725-10796 96 St

9750-9782 82 Ave NW

Riverview Plaza
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $957 | $623 | $1,100 |
| Sherwood Park 1 Bedroom Apartments | $1,429 | $1,095 | $1,924 |
| Sherwood Park 2 Bedroom Apartments | $1,605 | $1,149 | $2,398 |
| Sherwood Park 3 Bedroom Apartments | $1,751 | $1,499 | $2,329 |
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 1 Bed unit found at Durham County in the North neighborhood priced from $1,124. Imperial Tower in the South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,126. Here is today’s list of the most affordable Sherwood Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Durham County | - 1 Bedroom | 1BR,1BA | $1,124 |
| Imperial Tower | 1 Bedroom | 1BR,1BA | $1,126 |
| Northridge Estates | 1 Bedroom | 1BR,1BA | $1,139 |
| Hermitage Village Apartments | 1 Bedroom | 1BR,1BA | $1,149 |
| Christopher County | - 1 Bedroom | 1BR,1BA | $1,170 |
| Soho Manor | - 2 Bedroom | 2BR,1BA | $1,215 |
| Riverview Plaza | 1 Bedroom | 1BR,1BA | $1,221 |
| Cameron County | - 1 Bedroom | 1BR,1BA | $1,230 |
| Victoria County | - 1 Bedroom | 1BR,1BA | $1,255 |
| Spruce Arms | - 1 Bedroom | 1BR,1BA | $1,296 |
Best Value Apartments for Rent in Sherwood Park, AB and Nearby
As of April 30, 2026 the best value apartment in the Sherwood Park area is the $1.66 price per square foot - 2 Bedroom Model at Cavell Ridge Townhomes in the in the North neighborhood starting from $1,680. The second greatest value Sherwood Park apartment is the - 2 Bedroom Model at Cavell Ridge Townhomes starting at $1,680 with a $1.66 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cavell Ridge Townhomes | - 2 Bedroom | 2BR,1BA | $1.66 |
| Cavell Ridge Townhomes | - 2 Bedroom | 2BR,1BA | $1.66 |
| Cameron County | - 1 Bedroom | 1BR,1BA | $1.45 |
| Stonebridge on Bothwell Drive | 2 bedroom | 2BR,1BA | $1.64 |
| Imperial Tower | 1 Bedroom | 1BR,1BA | $1.41 |
| Victoria County | - 1 Bedroom | 1BR,1BA | $1.60 |
| Christopher County | - 2 Bedroom | 2BR,1BA | $1.70 |
| Soho Manor | - 2 Bedroom | 2BR,1BA | $1.57 |
| Durham County | - 1 Bedroom | 1BR,1BA | $1.51 |
| Hermitage Village Apartments | 1 Bedroom | 1BR,1BA | $1.65 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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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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.
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 $1,124 at Durham County.
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 $1,215 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 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.