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The average monthly rent in Sylvan Lake is up 1% compared to last month but down 9.34% year-over-year.
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4d ago
2 beds
1 bath
$1,005
Apartment for rent
1h ago
Waterford house for rent in Sylvan Lake
3234 Whitfield Dr, Sylvan Lake, MI 48329
In-unit laundry | Furnished | Garage parking
3 beds
2 baths
$2,350
House for rent
2h ago
Waterford house for rent in Sylvan Lake
3 beds
1.5 baths
$1,860
House for rent
8h ago
950 Village Green Ln, Sylvan Lake, MI 48328
Air conditioning | On-site laundry | Swimming pool
1–2 beds
1–2 baths
$924–$1,689
Apartment for rent
9h ago
850 Williamsbury Dr, Sylvan Lake, MI 48328
Air conditioning | On-site laundry | Balcony
1–2 beds
1 bath
$1,099–$1,283
Apartment for rent
16h ago
5689 Cooley Village Ln, Sylvan Lake, MI 48327
In-unit laundry | Air conditioning | Balcony
2 beds
1 bath
$1,150–$1,250
Apartment for rent
19h ago
Waterford house for rent in Sylvan Lake
4 beds
2.5 baths
$2,995
House for rent
1d ago
1–3 beds
1–2 baths
$1,089–$1,649
Apartment for rent
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1d ago
5278 Rosamond Ln, Sylvan Lake, MI 48327
In-unit laundry | Air conditioning | Balcony
1–2 beds
1 bath
$1,135–$1,640
Price drop
Apartment for rent
5d+ ago
3530 Denise Court ##101, Sylvan Lake, MI 48328
Air conditioning | Balcony | Assigned parking
1 bed
1 bath
$1,275
Apartment for rent
Available Jan 19
Air Conditioning
Balcony
In-Unit Laundry
Dishwasher
5d+ ago
Waterford house for rent in Sylvan Lake
4533 Horseshoe Dr, Sylvan Lake, MI 48328
In-unit laundry | Furnished | Garage parking
3 beds
2 baths
$4,900
House for rent
5d+ ago
Waterford condo for rent in Sylvan Lake
2 beds
2 baths
$1,850
Condo for rent
5d+ ago
Waterford house for rent in Sylvan Lake
4 beds
2 baths
$2,595
House for rent
5d+ ago
Waterford house for rent in Sylvan Lake
2738 Birchwood Dr, Sylvan Lake, MI 48329
In-unit laundry | Furnished | Garage parking
3 beds
2.5 baths
$2,400
House for rent
5d+ ago
Waterford house for rent in Sylvan Lake
2447 Georgeland Dr Waterford Mi #NA, Sylvan Lake, MI 48329
In-unit laundry | Garage parking | On-site laundry
4 beds
2 baths
$1,975
House for rent
Available Apr 13
5d+ ago
Keego Harbor house for rent in Sylvan Lake
3 beds
1.5 baths
$3,000
House for rent
Available Aug 15
5d+ ago
Keego Harbor condo for rent in Sylvan Lake
1671 Cass Lake Rd, Sylvan Lake, MI 48320
In-unit laundry | Dishwasher
1 bed
1 bath
$1,200
Condo for rent
5d+ ago
Waterford house for rent in Sylvan Lake
85 Riviera Ter, Sylvan Lake, MI 48328
Garage parking | Outdoor space
3 beds
1 bath
$1,700
House for rent
5d+ ago
Waterford house for rent in Sylvan Lake
6628 Longworth Dr, Sylvan Lake, MI 48329
In-unit laundry | Garage parking | On-site laundry
3 beds
3 baths
$4,200
House for rent
5d+ ago
Keego Harbor house for rent in Sylvan Lake
2022 Willow Beach St, Sylvan Lake, MI 48320
In-unit laundry | Dishwasher
3 beds
2.5 baths
$8,250
House for rent
5d+ ago
Waterford house for rent in Sylvan Lake
4 beds
2.5 baths
$2,795
House for rent
5d+ ago
Waterford house for rent in Sylvan Lake
805 S Winding Dr, Sylvan Lake, MI 48328
On-site laundry | Storage | Outdoor space
4 beds
1 bath
$2,150
House for rent
5d+ ago
Keego Harbor house for rent in Sylvan Lake
1 bed
1 bath
$1,600
House for rent
5d+ ago
Waterford apartment for rent in Sylvan Lake
3170 Dixie Hwy #D, Sylvan Lake, MI 48328
1 bed
1 bath
$950
Apartment for rent
5d+ ago
Waterford apartment for rent in Sylvan Lake
1494 Nancywood Dr #3, Sylvan Lake, MI 48327
1 bed
1 bath
$925
Apartment for rent
5d+ ago
Waterford apartment for rent in Sylvan Lake
1490 Nancywood Dr #11, Sylvan Lake, MI 48327
1 bed
1 bath
$925
Apartment for rent
5d+ ago
Waterford apartment for rent in Sylvan Lake
1 bed
1 bath
$950
Apartment for rent
5d+ ago
Waterford apartment for rent in Sylvan Lake
1 bed
1 bath
$925
Apartment for rent
5d+ ago
Waterford apartment for rent in Sylvan Lake
1 bed
1 bath
$925
Apartment for rent
5d+ ago
Waterford house for rent in Sylvan Lake
4 beds
2 baths
$2,795
House for rent
5d+ ago
Waterford house for rent in Sylvan Lake
4910 Chipman Dr, Sylvan Lake, MI 48327
Garage parking | On-site laundry | Hardwood floor
3 beds
1.5 baths
$2,400
House for rent
5d+ ago
Keego Harbor condo for rent in Sylvan Lake
1574 Kessler Ave, Sylvan Lake, MI 48320
In-unit laundry | Garage parking | On-site laundry
3 beds
2.5 baths
$2,500
Condo for rent
5d+ ago
Waterford house for rent in Sylvan Lake
6219 Waterfront Dr, Sylvan Lake, MI 48329
In-unit laundry | Dishwasher
1 bed
1 bath
$1,200
House for rent
5d+ ago
Waterford house for rent in Sylvan Lake
1253 Bamford Dr, Sylvan Lake, MI 48328
Furnished | Balcony | Fireplace
3 beds
1.5 baths
$3,150
House for rent
5d+ ago
Waterford apartment for rent in Sylvan Lake
949 Boston Ave #1, Sylvan Lake, MI 48328
In-unit laundry | Ceiling fan | Controlled access
2 beds
1 bath
$1,175
Apartment for rent
Available Oct 27
5d+ ago
Keego Harbor house for rent in Sylvan Lake
3 beds
1 bath
$2,200
House for rent
5d+ ago
Waterford house for rent in Sylvan Lake
3 beds
1 bath
$1,800
House for rent
5d+ ago
Keego Harbor house for rent in Sylvan Lake
4 beds
1 bath
$2,300
House for rent
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Sylvan Lake's 2025 rental market shows one-bedroom apartments averaging around $1,100 per month, while two-bedroom units rent for around $1,500 monthly. The overall market averaged around $1,600 across all property types during 2025.
Rents in Sylvan Lake, MI are on the rise, with a 17.6% year-over-year increase in average monthly rent. This trend is noticeable across various apartment types, with significant increases in 1-bedroom and 2-bedroom apartments.
Sylvan Lake rental prices vary by approximately 12% between peak and off-peak seasons, with November offering the lowest rents and February commanding the highest. December stands out as the least competitive period with reduced demand, while May and August see the most competition among renters.
Waterford and Keego Harbor represent Sylvan Lake's top rental neighborhoods, both offering strong walkability infrastructure and transit access that support active community lifestyles. Waterford generates 1.2 times more consumer interest than the market average, while both neighborhoods feature comprehensive amenities and vibrant community dynamics for socially engaged renters.
Waterford offers the most budget-friendly option with a median rent around $1,590, which is significantly lower than Keego Harbor's median of around $1,820. Both neighborhoods provide similar amenities and community features, making Waterford the clear choice for renters prioritizing affordability.
Keego Harbor and Waterford both accommodate pet owners exceptionally well, featuring comprehensive amenities including pet waste stations, dedicated grooming facilities, and generous outdoor spaces. These neighborhoods allow pets without restrictions and offer pet-safe windows along with ample space for pet beds and accessories.
Utilities are rarely included in Sylvan Lake rental properties, appearing in less than 1% of total listings across all bedroom types. Only 2 properties out of the entire market include utilities as part of the rent, making utility-inclusive apartments extremely uncommon in the area.
Sylvan Lake's rental market reflects mid-20th century development patterns, with ranch-style homes comprising 42.9% of properties from the post-World War II suburban boom. Colonial architecture represents 32.8% of the market from mid-century revival movements, while bungalow homes account for 12.6% dating to the early 1900s Arts and Crafts period.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
| 🔑Available apartment rentals | 94 |
|---|---|
| 💰Best rent deal | 950 Village Green Ln |
| ✨Popular amenities | , , |
| 🍽With dishwasher | |
| 🏠With photos |