Bedroom count

Property type

Last updated on January 8, 2026

Average rent in
Waterford, Sylvan Lake, MI

Last updated on January 8, 2026

Last updated on January 8, 2026

Bedroom count

Property type

As of January 2026, the median rent for all bedroom counts and property types in Waterford, Sylvan Lake, MI is $1,504. This is -21%, or $396, lower than the national average.

$1.32

average price per square foot

Median rent

$1,504

decreased by5%
over the previous yearvs previous year

Total rentals

33

for rent on Zumper.com

As of January 2026, the median rent for all bedroom counts and property types in Waterford, Sylvan Lake, MI is $1,504. This is -21%, or $396, lower than the national average.

$1.32

average price per square foot

Rent ranges

2%
48%
23%
18%
9%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

Households

72%
28%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Waterford, Sylvan Lake, MI

Rent price trends

Rent prices for all bedroom counts and property types in Waterford, Sylvan Lake, MI have increased by 6% in the last month and have decreased by 5% in the last year.

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

Rent comparables in
Waterford, Sylvan Lake, MI

The monthly rent for an apartment in Waterford, Sylvan Lake, MI is $1,124. A 1-bedroom apartment in Waterford, Sylvan Lake, MI costs about $1,049 on average, while a 2-bedroom apartment is $1,200. Houses for rent in Waterford, Sylvan Lake, MI are more expensive, with an average monthly cost of $2,395.

Comparables

1 bedroom

$987

4%

4%

2 bedroom

$1,249

3%

8%

3 bedroom

$2,600

12%

25%

4 bedroom

$2,950

3%

169%

1 bedroom

Average rent

$987

Last 30 days

4%

Last year

4%

2 bedroom

Average rent

$1,249

Last 30 days

3%

Last year

8%

3 bedroom

Average rent

$2,600

Last 30 days

12%

Last year

25%

4 bedroom

Average rent

$2,950

Last 30 days

3%

Last year

169%

The table above reflects average rent prices in Waterford, 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.

Compare rent prices in Waterford, Sylvan Lake, MI to other neighborhoods

Median rent prices in Waterford, Sylvan Lake, MI for all bedroom counts and property types compared to Auburn Hills, Auburn Hills, MI.

Waterford

Median rent price$1,504
decreased by21%

lower than the national median

Median rent price$1,547
decreased by19%

lower than the national median

Takeaway

The median rent for all rentals in Waterford, Sylvan Lake, MI is 3% lower than the median rent in Auburn Hills, Auburn Hills, MI.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

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

Average rent in
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Explore rent trends in other markets

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$1,724

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$2,200

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$2,250

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Apartments for rent in Ann Arbor

Discover rentals in Waterford, Sylvan Lake, MI

139 Draper Avenue #NA - Photo 1 of 1

5d+ ago

Waterford house for rent in Sylvan Lake

1 bed

1 bath

$650

House for rent

Available Jan 1

Waterford Square - Photo 1 of 1
Rent special

6h ago

8.8

Very good

Waterford Square

950 Village Green Ln, Sylvan Lake, MI 48328

1–2 beds

1–2 baths

$899–$1,274

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

Waterford Meadows - Photo 1 of 1

5d+ ago

8

Very good

Waterford Meadows

834 W Alpha Pkwy, Sylvan Lake, MI 48328

1–3 beds

1–2 baths

$1,049–$1,589

Apartment for rent

Call

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

1d ago

9

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

949 Boston Ave #1 - Photo 1 of 1

5d+ ago

Waterford apartment for rent in Sylvan Lake

949 Boston Avenue - 1

949 Boston Ave #1, Sylvan Lake, MI 48328

2 beds

1 bath

$1,175

Apartment for rent

Available Oct 3

1323 Laurel Valley Dr - Photo 1 of 1

5d+ ago

Waterford condo for rent in Sylvan Lake

Townhouse - Waterford, MI

1323 Laurel Valley Dr, Sylvan Lake, MI 48327

2 beds

1 bath

$1,400

Condo for rent

920 Premont Ave - Photo 1 of 1

5d+ ago

Waterford house for rent in Sylvan Lake

Bungalow, Single Family - Waterford, MI

920 Premont Ave, Sylvan Lake, MI 48328

2 beds

1 bath

$1,400

House for rent