Updated 5+ Days Ago
Highlights
Pet Friendly
Location
1602 Sherwood Dr, Sherwood Park, AB T8A 0Z2, CAN|Sherwood Heights
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Property Overview
Sherwood Arms earns a strong overall rating, with standout marks for price, amenities, and location that suggest excellent value and everyday convenience. It is also described as a well-presented property with a transparent, detailed listing and a reliable impression for renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Pet owners
Floor plans
| 2 Bedroom | 2 bed | 1 bath | $1,400 /mo | 1 unit available |
Let's explore this property.
Amenities for Sherwood Arms
Apartment Amenities
| Balcony | Bike Path/Trails |
| Carpet | Heat |
| Hot Water | Luxury Vinyl Plank & Carpet Flooring |
| Renovated Unit | Shopping Centres |
Appliances
| Electric Stove | Fridge |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Services
| On-Site Management |
Neighborhood
| Bus Stop | Restaurants |
| School |
Other
| Major Roadway |
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
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About Sherwood Arms
Managed by Braden Equities Inc.
1BR Rent: $1,295/month Great location for these newly renovated units in the heart of Sherwood Park. With a location on Sherwood Drive, you are within minutes from shopping and recreation of all kinds. To stay active walk to Kinsmen Leisure Centre and enjoy swimming or Broadmoor Lake Park just across the street. Treat yourself and go to Sherwood Park Mall where a variety of stores are located to keep you trendy. The building itself has on-site management taking care of all tenant needs and maintaining harmony for everyone. Pets subject to approval.
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, Sherwood Arms is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Sherwood Arms 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.
Sherwood Arms 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.
Sherwood Arms 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—pets allowed—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.
Sherwood Arms 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 Sherwood Arms 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.
Sherwood Arms 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.
Sherwood Arms is great for:
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Rent trends in Sherwood Heights
2-bedroom apartments at Sherwood Arms cost about 26% less than the average rent price for 2-bedroom apartments in Strathcona County.
Median rents as of Aug 15 2026.
Strathcona County
| Month | Median Rent |
|---|---|
| October 2024 | $1,650 |
| November 2024 | $1,476 |
| December 2024 | $1,565 |
| February 2025 | $1,608 |
| March 2025 | $1,632 |
| April 2025 | $1,548 |
| May 2025 | $1,486 |
| July 2026 | $1,295 |
| August 2026 | $1,288 |
Affordability calculator
Can I afford to live at 1602 Sherwood Dr?
Bedrooms
2 bedroomsRent-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 2-bedrooms monthly rent price of $1,400.
For more information on rent affordability, visit our rent calculator.
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Internet available near Sherwood Arms
Getting around Sherwood Park near 1602 Sherwood Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 1602 Sherwood Dr, Sherwood Park
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Nightlife
2/10
Few or no bars within walking distance
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