
Cheap Homes for Rent in Sherwood Park, AB from $900 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Sherwood Park.


12708 90 St NW

10024-10024 Jasper Ave

11919-11101 101 St NW

1812 155 Ave 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.

12915 69 St NW

9017-9093 93 St NW

10725-10796 96 St

9750-9782 82 Ave NW

21 Chippewa Rd
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.
Sherwood Park, AB Local Guide

How much does it cost to rent a home in Sherwood Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherwood Park 2 Bedroom Homes for Rent | $1,556 | $900 | $2,095 |
| Sherwood Park 3 Bedroom Homes for Rent | $2,296 | $1,899 | $2,695 |
| Sherwood Park 4 Bedroom Homes for Rent | $1,982 | $1,750 | $2,199 |
Browse Top Homes for Rent 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 $963. Northridge Estates in the North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,002. 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 | $963 |
| Northridge Estates | 1 Bedroom | 1BR,1BA | $1,002 |
| Imperial Tower | 1 Bedroom | 1BR,1BA | $1,126 |
Best Value Apartments for Rent in Sherwood Park, AB and Nearby
As of May 08, 2026 the best value apartment in the Sherwood Park area is the $1.42 price per square foot 3 Bed 1.5 Bath Model at Imperial Tower in the in the South neighborhood starting from $1,584. 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. |
|---|---|---|---|
| Imperial Tower | 3 Bed 1.5 Bath | 3BR,1.5BA | $1.42 |
| Cavell Ridge Townhomes | - 2 Bedroom | 2BR,1BA | $1.66 |
| Cavell Ridge Townhomes | - 2 Bedroom | 2BR,1BA | $1.66 |
| Hartford County Townhomes | - 2 Bedroom | 2BR,1.5BA | $1.71 |
| Victoria County | - 2 Bedroom | 2BR,1BA | $1.69 |
| Rivervalley Townhomes | 2 Bedroom Small | 2BR,1BA | $1.73 |
| Cameron County | - 1 Bedroom | 1BR,1BA | $1.45 |
| Christopher County | - 2 Bedroom | 2BR,1BA | $1.70 |
| Durham County | - 1 Bedroom | 1BR,1BA | $1.29 |
| 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 ArticleReal 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.
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 Sherwood Park
What type of rentals are currently available in Sherwood Park?
There are currently 202 Apartments for Rent in Sherwood Park, AB with pricing that ranges from $623 to $2,370. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood Park ranging from $900 to $2,695.
What is the current price range for Rental Homes in Sherwood Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherwood Park ranges from $900 to $2,695 with an average monthly rent of $1,773.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.