Last updated on September 4, 2026

Average rent in
Sylvan Lake, MI

Median rent

Median rent in Sylvan Lake

$1,325/mo

decreased by18%

vs previous year

The average rent in Sylvan Lake is $1,325 per month as of August 2026. This is 31% below the national average rent, or $585 less per month.

$1.29

average price per square foot

Total rentals

Available rentals in Sylvan Lake

31

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Sylvan Lake rentals at each price point

65%49%33%16%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Sylvan Lake, MI

Average rent prices in Sylvan Lake have decreased by 4% over the last month and have decreased by 18% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Sylvan Lake, MI

Rent prices in Sylvan Lake vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Sylvan Lake is $1,172, whereas a house costs $2,375. 1-bedroom apartments in Sylvan Lake run $1,099 on average, while 2-bedroom apartments are $1,229.

Listings

Studio

$1,200

24%

17%

1 bedroom

$1,102

1%

10%

2 bedroom

$1,397

1%

2%

3 bedroom

$2,175

9%

9%

4 bedroom

$3,200

9%

71%

Studio

Average rent

$1,200

Last 30 days

24%

Last year

17%

1 bedroom

Average rent

$1,102

Last 30 days

1%

Last year

10%

2 bedroom

Average rent

$1,397

Last 30 days

1%

Last year

2%

3 bedroom

Average rent

$2,175

Last 30 days

9%

Last year

9%

4 bedroom

Average rent

$3,200

Last 30 days

9%

Last year

71%

The table above reflects average rent prices in Sylvan Lake, MI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Sylvan Lake, MI compare to other cities?

Compare median rent prices in Sylvan Lake and Auburn Hills by all bedroom counts and property types.

Sylvan Lake

Median rent price$1,325
decreased by31%

lower than the national median

Median rent price$1,677
decreased by12%

lower than the national median

Takeaway

The median rent for all rentals in Sylvan Lake, MI is 21% lower than the median rent in Auburn Hills, MI.

Discover rentals in Sylvan Lake, MI

34 North of Waterford - Photo 1 of 1

5d+ ago

8.8

Very good

34 North of Waterford

950 Village Green Ln, Sylvan Lake, MI 48328

Studio–2 beds

0–2 baths

$820–$1,569

Apartment for rent

Waterford Villa - Photo 1 of 1

5d+ ago

8.3

Very good

Waterford Villa

7000, 7010 Villa Drive, Sylvan Lake, MI 48327

2 beds

1 bath

$1,005

Apartment for rent

Call

Forest View Apartments (Forest View Waterford LLC) - Photo 1 of 1

2d ago

9.3

Excellent

Forest View Apartments (Forest View Waterford LLC)

5689 Cooley Village Ln, Sylvan Lake, MI 48327

2 beds

1 bath

$1,150–$1,250

Apartment for rent

933 Myrtle Ave - Photo 1 of 1

1d ago

Waterford house for rent in Sylvan Lake

Residential, 1 Story, Waterford Twp, MI

933 Myrtle Ave, Sylvan Lake, MI 48328

2 beds

1 bath

$1,400

House for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Sylvan Lake, MI

Quick answers to common questions about the Sylvan Lake rental market.

How much is rent in Sylvan Lake?

The average rent in Sylvan Lake is $1,325 per month as of August 29, 2026.

Is rent up or down in Sylvan Lake?

Average rent prices in Sylvan Lake have decreased by 4% over the last month and have decreased by 18% since last year.

How does Sylvan Lake rent compare to the national average?

Rent in Sylvan Lake is 31% below the national average, which means renters are paying approximately $585 less per month.

What salary do I need to afford rent in Sylvan Lake?

To comfortably afford rent in Sylvan Lake, you'd need to earn approximately $53,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Sylvan Lake?

November and December offer the best rental deals in Sylvan Lake, with November seeing the lowest rents of the year and December being the least competitive month with reduced demand.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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