Cheap Homes for Rent in Sherwood Park, AB from C$900 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in Sherwood Park.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Sherwood Park, AB Local Guide

Cheapest Available Sherwood Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sherwood Park, AB is a Studio unit found at Soho Manor in the South neighborhood priced from C$980. Christopher County in the North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,129. Here is today’s list of the most affordable Sherwood Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Soho ManorClassic Suite - BachelorStudio,1BAC$980
Christopher CountyClassic Suite - 1 Bedroom1BR,1BAC$1,129
Northridge Estates1 Bedroom1BR,1BAC$1,155
Durham CountyClassic Suite - 1 Bedroom1BR,1BAC$1,164
Cameron CountyClassic Suite - 1 Bedroom1BR,1BAC$1,225

Best Value Apartments for Rent in Sherwood Park, AB and Nearby

As of May 11, 2025 the best value apartment in the Sherwood Park area is the C$1.62 price per square foot Classic Suite - 3 Bedroom Model at Hartford County Townhomes in the in the North neighborhood starting from C$1,720. The second greatest value Sherwood Park apartment is the Classic Suite - 2 Bedroom Model at Cavell Ridge Townhomes starting at C$1,565 with a C$1.55 price per square foot in the North neighborhood. Here is today’s list of the best values for Sherwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hartford County TownhomesClassic Suite - 3 Bedroom3BR,1.5BAC$1.62
Cavell Ridge TownhomesClassic Suite - 2 Bedroom2BR,1BAC$1.55
Cavell Ridge TownhomesClassic Suite - 2 Bedroom2BR,1BAC$1.55
Waybury ParkUnit B1 2 Bedroom + 2 Bath2BR,2BAC$1.93
Hooke County TownhomesClassic Suite - 2 Bedroom2BR,1.5BAC$1.71
Cameron CountyClassic Suite - 1 Bedroom1BR,1BAC$1.44
Victoria CountyRenovated Suite - 1 Bedroom1BR,1BAC$1.72
Christopher CountyClassic Suite - 2 Bedroom2BR,1BAC$1.72
Spruce ArmsRenovated Suite - 1 Bedroom1BR,1BAC$1.83
Hermitage Village Apartments1 Bedroom1BR,1BAC$1.78

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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Frequently Asked Questions about Sherwood Park

What type of rentals are currently available in Sherwood Park?

There are currently 180 Apartments for Rent in Sherwood Park, AB with pricing that ranges from C$1,025 to C$3,450. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherwood Park ranging from C$900 to C$3,250.

What is the current price range for Rental Homes in Sherwood Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherwood Park ranges from C$900 to C$3,250 with an average monthly rent of C$1,772.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.