5+ Days Ago
Location
500 Palisades Way, Sherwood Park, AB T8H 0H7, CAN
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Floor plans
| 1 Bedroom | 1 bed | 1 bath | $1,400 /mo |
Let's explore this property.
Amenities for #312 500 Palisades Way
Apartment Amenities
| Dryer | Heat |
| Hot Water |
Appliances
| Dishwasher | Electric Stove |
| Fridge | In-Unit Laundry |
Tech
| Plug-in Available |
Building
| Elevator | Exercise/Health Facilities |
Grounds
| Assigned Parking | Outside Lot |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Deposit
One-time.
$1,400
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About #312 500 Palisades Way
Beautiful unit in the Park, 1 bedroom plus den available July 1st, neutral decor in-suite washer and dryer. Great Location. For viewing information please text 780-267-6884 for showings. NO SMOKING NO PETS.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, #312 500 Palisades Way is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, #312 500 Palisades Way has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
#312 500 Palisades Way offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
#312 500 Palisades Way stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—in-unit laundry—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
#312 500 Palisades Way is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While #312 500 Palisades Way does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
#312 500 Palisades Way provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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Rent trends in Sherwood Park
1-bedroom apartments at #312 500 Palisades Way cost about 20% less than the average rent price for 1-bedroom apartments in Sherwood Park.
Median rents as of Jun 20 2026.
Sherwood Park
| Month | Median Rent |
|---|---|
| July 2024 | $1,515 |
| August 2024 | $1,542 |
| September 2024 | $1,511 |
| October 2024 | $1,538 |
| November 2024 | $1,529 |
| January 2025 | $1,658 |
| February 2025 | $1,628 |
| March 2025 | $1,593 |
| April 2025 | $1,587 |
| May 2025 | $1,577 |
| June 2025 | $1,767 |
| July 2025 | $1,798 |
| August 2025 | $1,737 |
| September 2025 | $1,665 |
| October 2025 | $1,657 |
| December 2025 | $1,500 |
| January 2026 | $1,658 |
| February 2026 | $1,692 |
| March 2026 | $1,639 |
| April 2026 | $1,731 |
| May 2026 | $1,784 |
| June 2026 | $1,790 |
Affordability calculator
Can I afford to live at 500 Palisades Way?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$56,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $56,000 annually to afford this 1-bedroom monthly rent price of $1,400.
For more information on rent affordability, visit our rent calculator.
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Internet available near #312 500 Palisades Way
Neighborhood
Getting around Sherwood Park near 500 Palisades Way
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
Frequent public transit options are within walking distance.
Points of interest for 500 Palisades Way, Sherwood Park
Groceries
4/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Nightlife
4/10
Some bars within walking distance
Explore the area around 500 Palisades Way
BulkBarn
5000 Emerald Dr
Real Canadian Superstore
410 Baseline Rd
Save-on-Foods
4005 Clover Bar Rd
Real Canadian Superstore Pharmacy
410 Baseline Rd
Walmart Supercentre
7000 Emerald Dr
Running Room
2000 Premier Way
Reitmans
5000 Emerald Drive
Bellissima
2257 Premier Way
Mark's
5000 Emerald Dr
Penningtons
5000 Emerald Dr
Jugo Juice
3850 Sherwood Dr
Tim Hortons
101 Palisades Way
Starbucks
300 Amberley Way
Second Cup
2000 Premier Way
Cheestix Cafe
501 Bethel Dr
Sumo Sumo Sushi Bar & Grill
220 Lakeland Dr
Average Joe's All-Star Bar
390 Baseline Rd
The Canadian Brewhouse
270 Baseline Rd
Boston Pizza
11 Broadway Blvd
Local Public Eatery
222 Baseline Rd
NCS Fluid Handling Systems
280 Portage Close
Healthworks Nutrition Centre
2693 Broadmoor Blvd
Xtremeline Supplements
2833 Broadmoor Blvd
Confetti Sweets Inc
41 Broadway Blvd
Hey Cupcake Bakery Inc
270 Baseline Rd
Garden
Centennial Park
Cimmaron Park
Playground
Clover Lake Greenbelt
Jugo Juice
3850 Sherwood Dr
Tim Hortons
101 Palisades Way
Oodle Noodle
3890 Sherwood Dr
Bleu Flames
3880 Sherwood Dr
Nitza's Pizza Ltd
300 Amberley Way
Sherwood Dr & Palisades Av
BETHEL - Emerald Hills
Sherwood Dr & Palisades Av
BETHEL - Emerald Hills, BETHEL - Millennium Place
Lakeland Dr & Sherwood Dr
BETHEL - Summerwood
Sherwood Dr & Abbey Rd
BETHEL - Emerald Hills
Lakeland Dr & Axbridge Gate
BETHEL - Summerwood, BETHEL - Millennium Place
Clareview Station
Capital Line, Capital Line
Belvedere Station
Capital Line
Belvedere Station
Capital Line
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