Cheap Apartments for Rent in Sylvan Lake, MI from $500 (27 Rentals)

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

property at 180 Coleman Dr

$880

Total Monthly Price

Total Monthly Price

Base Rent
$880

Total Monthly Price
$880

1 Bedroom, 1 Bath Home for Rent

Available Now

180 Coleman Dr, Unit #2

180 Coleman Dr
WaterfordMI48328

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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Westwood Apartments
Rent Specials
$1,150 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,450

Total Monthly Price
$1,150 - $1,450
1 to 2 Bedroom Apartments Available Now

Westwood Apartments

817-837 Golf DrPontiac, MI 48341
Accessibility
  • Verified
  • Customer Reviewed
  • Utilities Included
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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

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.

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.

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Lakeland Place
1 to 2 Bedroom Apartments

Lakeland Place

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

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. Greyberry Park Apartments in the Seminole Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $946. Here is today’s list of the most affordable Sylvan Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Huron PlaceStudioStudio,1BA$899
Greyberry Park Apartments1 Bedroom 1 Bath1BR,1BA$946
Waterford SquareA11BR,1BA$949
Bloomfield On The Green - West Bloomfield, MI1 Bed | 1 Bath Red1BR,1BA$1,025
Cass Lake Shore Club1 Bedroom 1 Bathroom1BR,1BA$1,050
Cherokee Hills ApartmentsCedar1BR,1BA$1,075
Westwood ApartmentsOne Bedroom1BR,1BA$1,150
Pine Lake Manor1 Bedroom1BR,1BA$1,198
Laketree1 Bed 1 Bath1BR,1BA$1,295

Best Value Apartments for Rent in Sylvan Lake, MI and Nearby

As of June 13, 2026 the best value apartment in the Sylvan Lake area is the $1.91 price per square foot Cypress Model at 24 at Bloomfield in the in the Woodward neighborhood starting from $2,160. The second greatest value Sylvan Lake apartment is the B3 Model at Waterford Square starting at $1,199 with a $1.39 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.
24 at BloomfieldCypress2BR,2BA$1.91
Waterford SquareB32BR,2BA$1.39
Cass Lake Shore Club1 Bedroom 1 Bathroom1BR,1BA$1.30
Cherokee Hills ApartmentsCedar1BR,1BA$1.34
Bloomfield On The Green - West Bloomfield, MI1 Bed | 1 Bath Red1BR,1BA$1.28
Laketree1 Bed 1 Bath1BR,1BA$1.66
Bloomfield PlaceA Renovated1BR,1BA$1.76
Greyberry Park Apartments1 Bedroom 1 Bath1BR,1BA$1.31
Westwood ApartmentsOne Bedroom1BR,1BA$1.74
707 W Huron St, Unit 2707 W Huron StStudio ,1BA$1.40

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 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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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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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 $951 at Greyberry Park Apartments.

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.

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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.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.