Cheap Apartments for Rent in Sherwood Park, AB from $600 (36 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.

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
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Amarillys
$1,0001 Bedroom Apartments

Amarillys

3511 118th Ave NWEdmonton, AB T5W 4P6
  • Utilities Included

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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Imperial Tower
$1,126 - $1,5841 to 3 Bedroom Apartments

Imperial Tower

6425 101st Ave NWEdmonton, AB T6A 0H4
  • Utilities Included
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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
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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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Riverview Plaza
$1,221 - $1,2581 to 3 Bedroom Apartments

Riverview Plaza

11915 34th StEdmonton, AB T5W 4V4
  • Utilities Included

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

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 ListingModel NameBed/BathPriced From
Durham County- 1 Bedroom1BR,1BA$1,124
Imperial Tower1 Bedroom1BR,1BA$1,126
Northridge Estates1 Bedroom1BR,1BA$1,139
Hermitage Village Apartments1 Bedroom1BR,1BA$1,149
Christopher County- 1 Bedroom1BR,1BA$1,170
Soho Manor- 2 Bedroom2BR,1BA$1,215
Riverview Plaza1 Bedroom1BR,1BA$1,221
Cameron County- 1 Bedroom1BR,1BA$1,230
Victoria County- 1 Bedroom1BR,1BA$1,255
Spruce Arms- 1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cavell Ridge Townhomes- 2 Bedroom2BR,1BA$1.66
Cavell Ridge Townhomes- 2 Bedroom2BR,1BA$1.66
Cameron County- 1 Bedroom1BR,1BA$1.45
Stonebridge on Bothwell Drive2 bedroom2BR,1BA$1.64
Imperial Tower1 Bedroom1BR,1BA$1.41
Victoria County- 1 Bedroom1BR,1BA$1.60
Christopher County- 2 Bedroom2BR,1BA$1.70
Soho Manor- 2 Bedroom2BR,1BA$1.57
Durham County- 1 Bedroom1BR,1BA$1.51
Hermitage Village Apartments1 Bedroom1BR,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.

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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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The 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.

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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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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!

Explore Sherwood Park, AB Rentals by Map

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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 $1,124 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

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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.

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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.

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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.

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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.