Cheap Homes for Rent in Sherwood Park, AB from $1,000 (21 Rentals)

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Search the lowest-cost Homes 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.

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.

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.

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 North Star in the North neighborhood priced from $950. Soho Manor in the South neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $992. Here is today’s list of the most affordable Sherwood Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North Star1 Bed, 1 bath1BR,1BA$950
Soho Manor- BachelorStudio,1BA$992
River Heights ApartmentsStudioStudio,1BA$1,033
Northridge Estates1 Bedroom1BR,1BA$1,099
Christopher County- 1 Bedroom1BR,1BA$1,129

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

As of October 27, 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
Riverview Plaza2 Bedroom2BR,1BA$1.40
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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Sherwood Park

What type of rentals are currently available in Sherwood Park?

There are currently 195 Apartments for Rent in Sherwood Park, AB with pricing that ranges from $621 to $2,379. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood Park ranging from $1,000 to $2,500.

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 $1,000 to $2,500 with an average monthly rent of $1,814.

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.