Belmont Townhomes
11 Broadway Rise,
Sylvan Lake, AB T4S 0M2
1 Bed | $1,715
Rental Market Trends in Sylvan Lake, AB
Updated August 2026
The average rent in Sylvan Lake, AB is $1,953/month.
$1,953/month
Average Rent
607 Sq Ft
Average Size
+1.8%
Change / Year
27
Available Apartments
Sylvan Lake rent varies by unit size and layout:
- Studio apartments in Sylvan Lake average $1,357 per month.
- One-bedroom apartments in Sylvan Lake average $1,953 per month.
- Two-bedroom apartments in Sylvan Lake average $2,423 per month.
- Three-bedroom apartments in Sylvan Lake average or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Sylvan Lake, AB?
In the past year, rent has increased by 1.8%, which averages out to $35 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Sylvan Lake, AB
August 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
100%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Sylvan Lake, AB?
Because the average rent in Sylvan Lake is $1,953, you’ll want to make about $6,510 per month or $78,120 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Sylvan Lake, AB compare to other nearby cities and neighbourhoods?
Use the tool below to compare Sylvan Lake, AB to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Sylvan Lake We Think You'll Love
Frequently Asked Questions
What is the average rent in Sylvan Lake?
The average rent in Sylvan Lake is $1,953 per month, which is 10.3% higher than the national average of $1,770.
Are rents going up or down in Sylvan Lake?
Rents in Sylvan Lake, AB are increasing, with prices up 1.8% year-over-year and $35 more per month.
What rent range is most common in Sylvan Lake?
In Sylvan Lake, AB, 100% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.