Average rent in Sylvan Lake
A 2 bedrooms unit in Sylvan Lake rented for $1,467 a month on average in October 2025 (▲ 11.6% in a year), rank 61 of 189 centres for two-bedroom rent (1 = highest). Check that a listing is fair before you sign.
Average monthly rent, October 2025
1 bedroom
Oct 2024: $1,199 · ▲ 13.0%
$1,3552 bedrooms
Oct 2024: $1,314 · ▲ 11.6%
$1,4673+ bedrooms
Oct 2024: $1,452 · ▲ 3.7%
$1,505Other centres in Alberta (2 bedrooms)
Canmore$2,438Calgary$1,908Okotoks$1,778Red Deer County$1,703Edmonton$1,598Lethbridge$1,593Strathmore$1,520Wood Buffalo$1,457Lacombe$1,451Grande Prairie$1,427Red Deer$1,418Brooks$1,406Camrose$1,346Cold Lake$1,328Lloydminster (Alberta part)$1,301
Affordability calculator →Questions and answers
What is the average rent in Sylvan Lake?
1 bedroom: $1,355, 2 bedrooms: $1,467, 3+ bedrooms: $1,505 a month (CMHC, October 2025).
Is rent going up in Sylvan Lake?
The average 2 bedrooms rent changed 11.6% between October 2024 and October 2025.
What rents are included?
Average rents in purpose-built row and apartment structures of three or more units, from CMHC's Rental Market Survey.
Source: Statistics Canada, Table 34-10-0133-01, CMHC average rents for areas with a population of 10,000 and over (Statistics Canada Open Licence).