
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.


11350-11353 53 St NW

Northridge Estates

11919-11955 55 St NW

Hermitage Village Apartments
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.

3607 118 Ave NW

Northstar Affordable

Capilano Court

Soho Manor

Amarillys
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.

River Heights Apartments
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 | $913 | $623 | $1,099 |
| Sherwood Park 1 Bedroom Apartments | $1,367 | $1,060 | $1,739 |
| Sherwood Park 2 Bedroom Apartments | $1,578 | $621 | $2,349 |
| Sherwood Park 3 Bedroom Apartments | $1,833 | $1,499 | $2,379 |
| Sherwood Park 4 Bedroom Apartments | $2,099 | $2,099 | $2,099 |
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 Northridge Estates in the North neighborhood priced from $1,060. River Heights Apartments in the North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Sherwood Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northridge Estates | 1 Bedroom | 1BR,1BA | $1,060 |
| River Heights Apartments | 1 Bedroom | 1BR,1BA | $1,095 |
| Christopher County | - 1 Bedroom | 1BR,1BA | $1,129 |
| Hermitage Village Apartments | 1 Bedroom | 1BR,1BA | $1,149 |
| River Heights West | 1 Bedroom | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Sherwood Park, AB and Nearby
As of March 14, 2026 the best value apartment in the Sherwood Park area is the $1.68 price per square foot 3 Bedroom Large - Renovated with Balcony Model at Rivervalley Townhomes in the in the South neighborhood starting from $1,789. The second greatest value Sherwood Park apartment is the - 2 Bedroom Model at Hartford County Townhomes starting at $1,620 with a $1.67 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. |
|---|---|---|---|
| Rivervalley Townhomes | 3 Bedroom Large - Renovated with Balcony | 3BR,1BA | $1.68 |
| Hartford County Townhomes | - 2 Bedroom | 2BR,1.5BA | $1.67 |
| Riverview Plaza | 2 Bedroom | 2BR,1BA | $1.35 |
| Cameron County | - 1 Bedroom | 1BR,1BA | $1.47 |
| Stonebridge on Bothwell Drive | 2 bedroom | 2BR,1BA | $1.64 |
| Victoria County | - 1 Bedroom | 1BR,1BA | $1.57 |
| Christopher County | - 2 Bedroom | 2BR,1BA | $1.64 |
| Soho Manor | - 2 Bedroom | 2BR,1BA | $1.57 |
| Durham County | - 1 Bedroom | 1BR,1BA | $1.62 |
| Hermitage Village Apartments | 1 Bedroom | 1BR,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.
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 ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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 $1,060 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 $1,186 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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.