139 Draper Ave
Waterford TownshipMI48328
Cheap Homes for Rent in Sylvan Lake, MI from $600 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Sylvan Lake.
20 Canal Dr
PontiacMI48341
14 Riverbank Dr
PontiacMI48341
21 Canal Dr
PontiacMI48341
758 W Huron St
PontiacMI48341
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.
49 Canal Dr
PontiacMI48341
30 Canal Dr
PontiacMI48328
25 Riverbank Dr
PontiacMI48341
27 Riverbank Dr
PontiacMI48341
529 Nebraska Ave
PontiacMI48341
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.
743 Hollister St
PontiacMI48340
611 Montana Ave
PontiacMI48341
111 Oakhill St
PontiacMI48342
2850 Oldsmobile Ave
Waterford TownshipMI48328
24 Utica Rd
PontiacMI48341
The Detroit Insiders Renting Guide: A Local's Look Under the Hood
Moving to Detroit? Get the local breakdown on affordable rental options, easy commutes, and how to navigate the People Mover and Q-Line downtown.
98 S Tilden Ave
Waterford TownshipMI48328
Showing Results 1-16, Page 1 of 1
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 | $1,606 | $1,149 | $3,900 |
| Sylvan Lake 3 Bedroom Homes for Rent | $2,409 | $1,150 | $4,300 |
| Sylvan Lake 4 Bedroom Homes for Rent | $2,537 | $2,200 | $3,350 |
| Sylvan Lake 5 Bedroom Homes for Rent | $20,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Sylvan Lake
Explore Sylvan Lake
Sylvan Lake, MI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Waterford Square in the Forestbrook neighborhood priced from $899. Huron Place in the Woodward neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here is today’s list of the most affordable Sylvan Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waterford Square | 1 Bedroom, 1 Bath Apartment | 1BR,1BA | $899 |
| Huron Place | Studio | Studio,1BA | $899 |
| Cass Lake Shore Club | A1 | 1BR,1BA | $900 |
| Bloomfield Place | A | 1BR,1BA | $1,033 |
| Bloomfield On The Green - West Bloomfield, MI | 1 Bed | 1 Bath White | 1BR,1BA | $1,068 |
Best Value Apartments for Rent in Sylvan Lake, MI and Nearby
As of January 12, 2026 the best value apartment in the Sylvan Lake area is the $1.10 price per square foot Elm Model at Cherokee Hills Apartments in the in the Seminole Hills neighborhood starting from $1,095. The second greatest value Sylvan Lake apartment is the 2 Bed 1 Bath Model at Laketree starting at $1,450 with a $1.49 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. |
|---|---|---|---|
| Cherokee Hills Apartments | Elm | 2BR,1BA | $1.10 |
| Laketree | 2 Bed 1 Bath | 2BR,1BA | $1.49 |
| Bloomfield On The Green - West Bloomfield, MI | 2 Bed | 1 Bath White | 2BR,1BA | $1.31 |
| Pine Lake Manor | 2 Bedroom | 2BR,1BA | $1.41 |
| 24 at Bloomfield | Juniper | 1BR,1BA | $2.01 |
| Bloomfield Place | A Renovated | 1BR,1BA | $1.62 |
| Greyberry Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.50 |
| Westwood Apartments | 835-301 | 1BR,1BA | $1.74 |
| Cass Lake Shore Club | A | 1BR,1BA | $1.62 |
| Waterford Square | 1 Bedroom, 1 Bath Apartment | 1BR,1BA | $1.57 |
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 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.
Read ArticleCash 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.
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.
Let everyone know!
Do you know the Sylvan Lake area?
If you’re an expert on all things Sylvan Lake, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 Sylvan Lake
What type of rentals are currently available in Sylvan Lake?
There are currently 62 Apartments for Rent in Sylvan Lake, MI with pricing that ranges from $550 to $2,673. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sylvan Lake ranging from $650 to $20,000.
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 $20,000 with an average monthly rent of $5,488.
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.
Articles, How-To's, and Tips
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!