Bedroom count

Property type

Last updated on April 8, 2026

Average rent in
Waterford, Sylvan Lake, MI

Last updated on April 8, 2026

Last updated on April 8, 2026

Bedroom count

Property type

As of April 2026, the median rent for all bedroom counts and property types in Waterford, Sylvan Lake, MI is $1,262. This is -34%, or $653, lower than the national average.

$1.26

average price per square foot

Median rent

$1,262

decreased by26%
over the previous yearvs previous year

Total rentals

34

for rent on Zumper.com

As of April 2026, the median rent for all bedroom counts and property types in Waterford, Sylvan Lake, MI is $1,262. This is -34%, or $653, lower than the national average.

$1.26

average price per square foot

Rent ranges

62%
13%
20%
5%
$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 decreased by 1% in the last month and have decreased by 26% 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 $1,134. A 1-bedroom apartment in Waterford, Sylvan Lake, MI costs about $1,049 on average, while a 2-bedroom apartment is $1,249. Houses for rent in Waterford, Sylvan Lake, MI are more expensive, with an average monthly cost of $2,795.

Comparables

1 bedroom

$999

1%

3%

2 bedroom

$1,249

1%

20%

3 bedroom

$2,500

7%

52%

4 bedroom

$2,900

5%

21%

1 bedroom

Average rent

$999

Last 30 days

1%

Last year

3%

2 bedroom

Average rent

$1,249

Last 30 days

1%

Last year

20%

3 bedroom

Average rent

$2,500

Last 30 days

7%

Last year

52%

4 bedroom

Average rent

$2,900

Last 30 days

5%

Last year

21%

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$1,262
decreased by34%

lower than the national median

Median rent price$1,575
decreased by18%

lower than the national median

Takeaway

The median rent for all rentals in Waterford, Sylvan Lake, MI is 20% 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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Apartments for rent in Ann Arbor

Discover rentals in Waterford, Sylvan Lake, MI

MGAM-MI-Andersonville Rd - Photo 1 of 1

2d ago

9.3

Excellent

MGAM-MI-Andersonville Rd

6256 Andersonville Rd, Sylvan Lake, MI 48329

2 beds

1 bath

$875

Apartment for rent

1027 La Salle Ave #B - Photo 1 of 1

5d+ ago

Waterford condo for rent in Sylvan Lake

2 beds

1 bath

$875

Condo for rent

Available Feb 19

Waterford Villa - Photo 1 of 1

4d ago

7.7

Very good

Waterford Villa

7000, 7010 Villa Drive, Sylvan Lake, MI 48327

2 beds

1 bath

$1,005

Apartment for rent

Call

2447 Georgeland Dr #NA - Photo 1 of 1

5d+ ago

Waterford house for rent in Sylvan Lake

Waterford Single Family Home

2447 Georgeland Dr #NA, Sylvan Lake, MI 48329

4 beds

2 baths

$1,975

House for rent

Available Apr 13

6834 Palos Verdes Ln #1 - Photo 1 of 1

5d+ ago

Waterford condo for rent in Sylvan Lake

6834 Palos Verdes Lane - 1

6834 Palos Verdes Ln #1, Sylvan Lake, MI 48327

4 beds

2.5 baths

$2,100

Condo for rent

Available Dec 15

805 S Winding Dr - Photo 1 of 1

5d+ ago

Waterford house for rent in Sylvan Lake

Cape Cod - Waterford, MI

805 S Winding Dr, Sylvan Lake, MI 48328

4 beds

1 bath

$2,150

House for rent