140 Summit St
PontiacMI48342
Cheap Homes for Rent in Sylvan Lake, MI from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Sylvan Lake.
180 Coleman Dr, Unit #2
180 Coleman Dr
WaterfordMI48328
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$9501 Bedroom Apartments Available Now
97 Mary Day Ave, Unit 3
97 Mary Day AvePontiac, MI 48341
41 Canal Dr
PontiacMI48341
460 Nebraska Ave
PontiacMI48341
594 Colorado Ave
PontiacMI48341
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.
126 W Cornell Ave
PontiacMI48340
27 Sylvan Ct
PontiacMI48341
245 S Edith St
PontiacMI48342
100 W Hickory Grove Rd
Bloomfield TownshipMI48304
85 E Beverly Ave
PontiacMI48340
995 Lakeview St
Waterford TownshipMI48328
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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Sylvan Lake, MI Local Guide
Sunrise at Sylvan Lake by echtcetera is licensed under CC BY 2.0
How much does it cost to rent a home in Sylvan Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sylvan Lake 2 Bedroom Homes for Rent | $1,704 | $1,050 | $2,250 |
| Sylvan Lake 3 Bedroom Homes for Rent | $2,896 | $1,075 | $10,000+ |
| Sylvan Lake 4 Bedroom Homes for Rent | $3,550 | $1,750 | $7,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent 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 1 Bed unit found at Cass Lake Shore Club in the Forestbrook neighborhood priced from $933. Bloomfield On The Green - West Bloomfield, MI in the Seminole Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here is today’s list of the most affordable Sylvan Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cass Lake Shore Club | 1 Bedroom 1 Bathroom | 1BR,1BA | $933 |
| Bloomfield On The Green - West Bloomfield, MI | 1 Bed | 1 Bath Red | 1BR,1BA | $1,025 |
| Waterford Square | B1 | 2BR,1BA | $1,074 |
| Cherokee Hills Apartments | Cedar | 1BR,1BA | $1,075 |
| Laketree | 2 Bed 1 Bath | 2BR,1BA | $1,135 |
Best Value Apartments for Rent in Sylvan Lake, MI and Nearby
As of May 29, 2026 the best value apartment in the Sylvan Lake area is the $1.32 price per square foot 2 Bed | 1 Bath Red Model at Bloomfield On The Green - West Bloomfield, MI in the in the Seminole Hills neighborhood starting from $1,188. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bloomfield On The Green - West Bloomfield, MI | 2 Bed | 1 Bath Red | 2BR,1BA | $1.32 |
| Waterford Square | B3 | 2BR,2BA | $1.39 |
| Cass Lake Shore Club | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.30 |
| Cherokee Hills Apartments | Cedar | 1BR,1BA | $1.34 |
| Laketree | 1 Bed 1 Bath | 1BR,1BA | $1.66 |
| 24 at Bloomfield | Juniper | 1BR,1BA | $2.13 |
| Westwood Apartments | One Bedroom | 1BR,1BA | $1.74 |
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 Article
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
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.
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Explore Sylvan Lake, MI Rentals by Map
See the most popular apartments and homes in Sylvan Lake, MI
Frequently Asked Questions about Sylvan Lake
What type of rentals are currently available in Sylvan Lake?
There are currently 61 Apartments for Rent in Sylvan Lake, MI with pricing that ranges from $550 to $3,600. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sylvan Lake ranging from $650 to $12,500.
What is the current price range for Rental Homes in Sylvan Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sylvan Lake ranges from $650 to $12,500 with an average monthly rent of $2,305.
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
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.
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.