
Cheap Apartments for Rent in Sylvan Lake, MI from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Sylvan Lake.


Cedargate Apartments

60 Mark Ave

Huron Place

Waterford Square

Cass Lake Shore Club

97 Mary Day Ave, Unit 3
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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.

Bloomfield On The Green - West Bloomfield, MI

Laketree

Greyberry Park Apartments

Bloomfield Place

Cherokee Hills Apartments

Crystal Lake Apartments

Westwood Apartments
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Pine Lake Manor

3038 Portman St

140 Summit St

Monroe Manor

Pine Apartments

Bloomfield On The River

460 Nebraska Ave
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1671 Cass Lake Rd

1673 Cass Lake Rd

611 E Madison Ave

30 E Beverly Ave

Lakeland Place

245 S Edith St

4113 Telegraph Rd
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38 Canal Dr

995 Lakeview St
Sylvan Lake, MI Local Guide

How much does it cost to rent an apartment in Sylvan Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sylvan Lake Studio Apartments | $714 | $550 | $899 |
| Sylvan Lake 1 Bedroom Apartments | $1,249 | $685 | $3,600 |
| Sylvan Lake 2 Bedroom Apartments | $1,412 | $885 | $2,374 |
| Sylvan Lake 3 Bedroom Apartments | $2,246 | $2,217 | $2,307 |
Browse Top Apartments in Sylvan Lake
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Sylvan Lake, MI Local Guide
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Cheapest Available Sylvan Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Sylvan Lake, MI is a Studio unit found at Huron Place in the Woodward neighborhood priced from $899. Waterford Square in the Forestbrook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $924. Here is today’s list of the most affordable Sylvan Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Huron Place | Studio | Studio,1BA | $899 |
| Waterford Square | A1 | 1BR,1BA | $924 |
| Bloomfield On The Green - West Bloomfield, MI | 1 Bed | 1 Bath Red | 1BR,1BA | $1,025 |
| Greyberry Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,045 |
| Bloomfield Place | A | 1BR,1BA | $1,068 |
| Cass Lake Shore Club | B | 2BR,1BA | $1,075 |
| Cherokee Hills Apartments | Cedar | 1BR,1BA | $1,075 |
| Laketree | 2 Bed 1 Bath | 2BR,1BA | $1,160 |
| Westwood Apartments | 837-303 | 2BR,2BA | $1,350 |
| 24 at Bloomfield | Juniper | 1BR,1BA | $1,631 |
Best Value Apartments for Rent in Sylvan Lake, MI and Nearby
As of April 29, 2026 the best value apartment in the Sylvan Lake area is the $1.32 price per square foot 837-303 Model at Westwood Apartments in the in the Woodward neighborhood starting from $1,350. The second greatest value Sylvan Lake apartment is the 2 Bed 1 Bath Model at Laketree starting at $1,160 with a $1.20 price per square foot in the Forestbrook neighborhood. Here is today’s list of the best values for Sylvan Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Westwood Apartments | 837-303 | 2BR,2BA | $1.32 |
| Laketree | 2 Bed 1 Bath | 2BR,1BA | $1.20 |
| Cass Lake Shore Club | Bp | 2BR,1.5BA | $1.38 |
| Bloomfield On The Green - West Bloomfield, MI | 2 Bed | 1 Bath White | 2BR,1BA | $1.31 |
| Cherokee Hills Apartments | Cedar | 1BR,1BA | $1.34 |
| 24 at Bloomfield | Juniper | 1BR,1BA | $2.11 |
| Bloomfield Place | A Renovated | 1BR,1BA | $1.73 |
| Greyberry Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.44 |
| Waterford Square | A1 | 1BR,1BA | $1.62 |
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleThe Best Detroit Area Neighborhoods for Off-Campus Housing Renters
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com
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 Sylvan Lake, MI Rentals by Map
See the most popular apartments and homes in Sylvan Lake, MI
Frequently Asked Questions about Cheap Sylvan Lake Apartments
How much is rent for a Cheap One Bedroom Sylvan Lake Apartment?
The lowest price for a Cheap One Bedroom Sylvan Lake Apartment is $924 at Waterford Square.
What is the lowest price for a Cheap Two Bedroom Sylvan Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Sylvan Lake is starting from $1,074 at Waterford Square.
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.
Helpful Local Expert Guides

A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

The Best Detroit Area Neighborhoods for Off-Campus Housing Renters
Written by: Tim Brown
Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.

The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s and have witnessed the city and its surrounding metro area undergo a renaissance.

Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers
Written by: Tim Brown
The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.
Articles, How-To's, and Tips

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.

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.