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Cheap Apartments for Rent in Sylvan Lake, AB

16 Rentals Available
Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,200 Apartments Under $1,400

Apartments Under $1,000

  • A large building with a parking lot in front of it.
    Today

    15 Broadway Rise, Sylvan Lake, AB T4S 0W3
    1 BED $970+
    2 BEDS $1,595+

Apartments Under $1,100

  • A modern apartment building with a green lawn in front.
    Today

    5820 58A St, Red Deer, AB T4N 2M7
    STUDIO $1,075
    1 BED $1,205
    2 BEDS $1,395

Apartments Under $1,200

  • A modern kitchen and living room with a dining table and chairs.
    Today

    301C Timothy Drive, Red Deer, AB T4P 0P1
    STUDIO $1,135
    1 BED $1,365
    2 BEDS $1,595
  • A living room with a grey couch, a table and a clock on the wall.
    Today

    31B Timberstone Way, Red Deer, AB T4P 0V5
    STUDIO $1,135
    1 BED $1,345+
    2 BEDS $1,555

  • More Rentals Near Sylvan Lake, AB

  • A gym room with a rowing machine, a fan, a pink ball, and a red mat.
    Today

    31A Timberstone Way, Red Deer, AB T4P 0V4
    STUDIO $1,135
    1 BED $1,345
    2 BEDS $1,625

Apartments Under $1,400

  • A sign for Belmont Village 11 Broadway Rise in front of a building.
    7
    Today

    11 Broadway Rise, Sylvan Lake, AB T4S 0M2
    STUDIO Ask for Pricing
    1 BED $1,335
    2 BEDS $1,465
2-4-town
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Getting around in Sylvan Lake, AB

55 /100
Somewhat Walkable
46 /100
Somewhat Bikeable
Walk Score®: 55, Bike Score®: 46

Frequently asked questions

How many cheap rentals are available in Sylvan Lake, AB on RentCafe?

There are 8 cheap rentals available on RentCafe. Prices and availability in Sylvan Lake, AB were last updated on 14 Nov 2025.

What is the average size of a cheap apartment in Sylvan Lake, AB?

The average Sylvan Lake, AB cheap apartment size is 648 sq. ft.

What are the advantages of renting a cheap apartment in Sylvan Lake, AB?

Cheap apartments in Sylvan Lake, AB are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Sylvan Lake, AB?

A cheap apartment in Sylvan Lake, AB offers little storage space and fewer amenities compared to other apartments.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!