Sylvan Lake Apartments
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$1,700

242 Preston Ave · Apartment for Rent

Sylvan Lake Apartments·Waterford Apartments
Dog friendly
+17 photos
Property Id: 2328767 This charming 2-bedroom, 2-bathroom ranch in Waterford, Michigan, offers a perfect blend of modern updates and cozy comfort. Extensively remodeled in 2025, the home features approximately 1,394 square feet of total living space, including a partially finished basement and high-end finishes throughout. Interior Highlights: Modern Kitchen: A fully remodeled kitchen featuring sleek white cabinetry, newer appliances (dishwasher, gas range, refrigerator, and microwave), and stylish vinyl plank flooring. Both bathrooms feature jacuzzi tubs. Elegant Living Spaces: Enjoy the warmth of original hardwood floors throughout the living room and bedrooms, complemented by recessed lighting and ceiling fans for year-round comfort. Versatile Basement: The 890 -square-foot partially finished lower level provides a second full bathroom, a dedicated laundry area, and ample room for storage, home office, gym, etc. Year-Round Comfort: Equipped with ceiling fans, central air conditioning and forced air natural gas heating. Ample Parking: Includes an extra deep 2-car detached garage and a private driveway. Prime Location: Minutes from Otter Lake and Sylvan Lake, and walking distance to Donelson Hills Elementary. Renter Criteria & Requirements To ensure a high standard of living for all residents, applicants must meet the following criteria: Rent-to-Income Ratio: A gross monthly income of at least 3x the monthly rent is required. Credit Score: Applicants should have a minimum credit score of 600 to 650 to be considered. Background Check: A comprehensive background check will be conducted for all adult applicants, including criminal history, eviction records, and credit reports. Other Factors: Positive references from previous landlords and proof of stable employment are highly encouraged.
Listed 5+ Days Ago
Apartment Amenities
Air Conditioning
Balcony
Ceiling Fan
Dishwasher
Hardwood Floor
In-Unit Laundry
Microwave
On-Site Laundry
Building Amenities
Fitness Center
Garage Parking
On-Site Laundry
Outdoor Space
Storage
Other Amenities
Onsite Laundry
Garbage Disposal
Cable Ready
Refrigerator
Dryer
Recycling

Policies & Fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Not allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12+ months

Details

  • Price
    $1,700
  • Bedrooms
    2 Bedroom
  • Bathrooms
    2 Bathrooms
  • Available
    February 1st 2026
  • Square Feet
    849 SQFT
  • Min. Lease
    12 months
  • Address
    242 Preston Ave, Sylvan Lake, MI 48328
  • Broker Fee?
  • Cats/Dogs Allowed?
    Dogs
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Posted by:Taylor Schafer (TurboTenant)
Love this listing? We can alert you when similarly priced 2 Bedroom apartments become available in this area.
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Explore near 242 Preston Ave

Sylvan Lake Apartments·Waterford Apartments
242 Preston Ave, Sylvan Lake, MI is a 2 bedroom, 2 bathrooms apartment for rent. It is located in the Waterford neighborhood of Sylvan Lake. It has apartment amenities including on-site laundry, dishwasher, air conditioning, balcony, in-unit laundry, hardwood floor, microwave, and ceiling fan. Dogs are allowed, making it a pet-friendly apartment.