Cheap Apartments for Rent in Sylvan Lake, MI from $500 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in Sylvan Lake.

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.

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.

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Monroe Manor
Studio to 2 Bedroom Apartments

Monroe Manor

59 Monroe StPontiac, MI 48341
  • Utilities Included
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Pine Apartments
1 Bedroom Apartments

Pine Apartments

64 Spokane DrPontiac, MI 48341
  • Utilities Included

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.

property at 1671 Cass Lake Rd

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

1671 Cass Lake Rd

Keego HarborMI48320
property at 1673 Cass Lake Rd

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Condo for Rent

Available Now

1673 Cass Lake Rd

Keego HarborMI48320
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Lakeland Place
1 to 2 Bedroom Apartments

Lakeland Place

2700 Elizabeth Lake RdWaterford, MI 48328
Senior Living
  • Utilities Included

Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Explore the best residential neighborhoods and apartment options near major employers like GM, Ford, Stellantis, Rocket Companies, and Corewell Health. Find your perfect Motor City home.

Sylvan Lake, MI Local Guide

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 ListingModel NameBed/BathPriced From
Huron PlaceStudioStudio,1BA$899
Waterford SquareA11BR,1BA$924
Bloomfield On The Green - West Bloomfield, MI1 Bed | 1 Bath Red1BR,1BA$1,025
Greyberry Park Apartments1 Bedroom 1 Bath1BR,1BA$1,045
Bloomfield PlaceA1BR,1BA$1,068
Cass Lake Shore ClubB2BR,1BA$1,075
Cherokee Hills ApartmentsCedar1BR,1BA$1,075
Laketree2 Bed 1 Bath2BR,1BA$1,160
Westwood Apartments837-3032BR,2BA$1,350
24 at BloomfieldJuniper1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Westwood Apartments837-3032BR,2BA$1.32
Laketree2 Bed 1 Bath2BR,1BA$1.20
Cass Lake Shore ClubBp2BR,1.5BA$1.38
Bloomfield On The Green - West Bloomfield, MI2 Bed | 1 Bath White2BR,1BA$1.31
Cherokee Hills ApartmentsCedar1BR,1BA$1.34
24 at BloomfieldJuniper1BR,1BA$2.11
Bloomfield PlaceA Renovated1BR,1BA$1.73
Greyberry Park Apartments1 Bedroom 1 Bath1BR,1BA$1.44
Waterford SquareA11BR,1BA$1.62

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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The 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

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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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.

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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.

decorative image for The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown article

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.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

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

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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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.