Last updated on October 19, 2026

Average rent in
Sylvan Lake, MI

Median rent

Median rent in Sylvan Lake

$1,335/mo

decreased by21%

vs previous year

The average rent in Sylvan Lake is $1,335 per month as of October 2026. This is 30% below the national average rent, or $565 less per month.

$1.29

average price per square foot

Total rentals

Available rentals in Sylvan Lake

41

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Sylvan Lake rentals at each price point

60%45%30%15%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 increased by 2% over the last month and have decreased by 21% 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 $1,211, whereas a house costs $2,000. 1-bedroom apartments in Sylvan Lake run $1,099 on average, while 2-bedroom apartments are $1,273.

Listings

Studio

$899

No Change

12%

1 bedroom

$1,094

2%

12%

2 bedroom

$1,381

5%

1%

3 bedroom

$2,100

No Change

24%

4 bedroom

$4,199

13%

117%

Studio

Average rent

$899

Last year

12%

1 bedroom

Average rent

$1,094

Last 30 days

2%

Last year

12%

2 bedroom

Average rent

$1,381

Last 30 days

5%

Last year

1%

3 bedroom

Average rent

$2,100

Last 30 days

No Change

Last year

24%

4 bedroom

Average rent

$4,199

Last 30 days

13%

Last year

117%

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$1,335
decreased by30%

lower than the national median

Median rent price$1,585
decreased by17%

lower than the national median

Takeaway

The median rent for all rentals in Sylvan Lake, MI is 16% lower than the median rent in Auburn Hills, MI.

Discover rentals in Sylvan Lake, MI

34 North of Waterford - Photo 1 of 1
Rent special

2d ago

8.5

Very good

34 North of Waterford

950 Village Green Ln, Sylvan Lake, MI 48328

Studio–2 beds

0–2 baths

$820–$1,569

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
Waterford Meadows - Photo 1 of 1

2d ago

9.2

Excellent

Our team has verified this company

Verified

Waterford Meadows

834 W Alpha Pkwy, Sylvan Lake, MI 48328

1–3 beds

1–2 baths

$1,296–$1,649

Call

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

5d+ 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

1009 Holbrook Ave - Photo 1 of 1

3d ago

Waterford house for rent in Sylvan Lake

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 $1,335 per month as of October 17, 2026.

Is rent up or down in Sylvan Lake?

Average rent prices in Sylvan Lake have increased by 2% over the last month and have decreased by 21% since last year.

How does Sylvan Lake rent compare to the national average?

Rent in Sylvan Lake is 30% below the national average, which means renters are paying approximately $565 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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