Cheap Apartments for Rent in Sherwood Park, AB from $600 (39 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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
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Amarillys
$1,0001 Bedroom Apartments

Amarillys

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Soho Manor
$1,080 - $1,703Studio to 2 Bedroom Apartments

Soho Manor

10003 62 St NWEdmonton, AB T6A 2L6
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Royal
$1,0951 Bedroom Apartments

Royal

3615 119 Ave NWEdmonton, AB T5W 1H1

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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River Heights West
$1,125 - $1,2951 to 2 Bedroom Apartments

River Heights West

3415 106 Ave NWEdmonton, AB T5W 0C1
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Imperial Tower
$1,126 - $1,5991 to 3 Bedroom Apartments

Imperial Tower

6425 101st Ave NWEdmonton, AB T6A 0H4
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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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Riverview Plaza
$1,219 - $1,6691 to 3 Bedroom Apartments

Riverview Plaza

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

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.

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Showing Results 1-39, Page 1 of 1

Sherwood Park, AB Local Guide

Cheapest Available Sherwood Park Apartments for Rent

 

The cheapest available apartment rental in Sherwood Park, AB is a 1 Bed unit found at Durham County in the North neighborhood priced from $1,049. Cameron County in the North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,080. Here is today’s list of the most affordable Sherwood Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Durham County- 1 Bedroom1BR,1BA$1,049
Cameron County- 1 Bedroom1BR,1BA$1,080
Royal1 bed1BR,1BA$1,095
Northridge Estates1 Bedroom1BR,1BA$1,104
Victoria County- 1 Bedroom1BR,1BA$1,115
Hermitage Village Apartments1 Bedroom1BR,1BA$1,149
Christopher County- 1 Bedroom1BR,1BA$1,170
Riverview Plaza2 Bedroom2BR,1BA$1,232
Soho Manor- 2 Bedroom2BR,1BA$1,270
Spruce Arms- 1 Bedroom1BR,1BA$1,316

Best Value Apartments for Rent in Sherwood Park, AB

As of August 04, 2026 the best value apartment in the Sherwood Park area is the $1.69 price per square foot - 2 Bedroom Model at Cavell Ridge Townhomes in the in the North neighborhood starting from $1,705. The second greatest value Sherwood Park apartment is the - 2 Bedroom Model at Hartford County Townhomes starting at $1,658 with a $1.71 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$1.69
Hartford County Townhomes- 2 Bedroom2BR,1.5BA$1.71
Victoria County- 2 Bedroom2BR,1BA$1.49
Rivervalley Townhomes2 Bedrooom 1.5 Bath - with Balcony2BR,1.5BA$1.79
Parkview Estates3 Bedroom Townhouse3BR,1BA$1.53
Imperial Tower2 Bed 1 Bath2BR,1BA$1.55
Cameron County- 1 Bedroom1BR,1BA$1.27
Christopher County- 2 Bedroom2BR,1BA$1.70
Durham County- 1 Bedroom1BR,1BA$1.41
Hermitage Village Apartments1 Bedroom1BR,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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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!

Explore Sherwood Park, AB Rentals by Map

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See the most popular apartments and homes in Sherwood Park, AB

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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 $1,049 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 $1,232 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 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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.