Cheap Apartments for Rent in Sherwood Park, AB from $600 (13 Rentals)

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

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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Royal
1 Bedroom Apartments

Royal

3615 119 Ave NWEdmonton, AB T5W 1H1
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Amarillys
1 Bedroom Apartments

Amarillys

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

Riverview Plaza

11915 34th StEdmonton, AB T5W 4V4
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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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North Star
1 to 3 Bedroom Apartments

North Star

11530 34th St NWEdmonton, AB T5W 4V3

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 Studio unit found at Soho Manor in the South neighborhood priced from $992. River Heights Apartments in the North neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,033. Here is today’s list of the most affordable Sherwood Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Soho Manor- BachelorStudio,1BA$992
River Heights ApartmentsStudioStudio,1BA$1,033
Northridge Estates1 Bedroom1BR,1BA$1,104
Christopher County- 1 Bedroom1BR,1BA$1,129
Durham County- 1 Bedroom1BR,1BA$1,164

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

As of November 02, 2025 the best value apartment in the Sherwood Park area is the $1.62 price per square foot - 3 Bedroom Model at Hartford County Townhomes in the in the North neighborhood starting from $1,720. The second greatest value Sherwood Park apartment is the - 2 Bedroom Model at Cavell Ridge Townhomes starting at $1,629 with a $1.61 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.
Hartford County Townhomes- 3 Bedroom3BR,1.5BA$1.62
Cavell Ridge Townhomes- 2 Bedroom2BR,1BA$1.61
Cavell Ridge Townhomes- 2 Bedroom2BR,1BA$1.61
Rivervalley Townhomes2 Bedroom Large - with Balcony2BR,1BA$1.68
Parkview Estates3 Bedroom Townhouse Premium3BR,1BA$1.58
Hooke County Townhomes- 2 Bedroom2BR,1.5BA$1.71
Spruce Arms- 2 Bedroom2BR,1BA$1.60
Cameron County- 1 Bedroom1BR,1BA$1.44
Victoria County- 1 Bedroom1BR,1BA$1.57
Durham County- 1 Bedroom1BR,1BA$1.56

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 $1,200 at North Star.

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 $1,426.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.