
Cheap Apartments for Rent in Sheffield, IA from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Sheffield.


Hubbard Maple Street Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Key Apartments

City Center Kent Apartments

18 S Adams Ave

Key West Apartments

Pheasant Run Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Pheasant Hollow Apartments

Gold Falls Villa Apartments

Meadow Lake of Clear Lake Apartments

University Manor

Pebble Creek Apartments

Park @ Nine23

Rolling Meadows Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

UNION HOUSE APARTMENTS

21 N Federal St
Sheffield, IA Local Guide

How much does it cost to rent an apartment in Sheffield?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sheffield Studio Apartments | $897 | $405 | $1,295 |
Sheffield 1 Bedroom Apartments | $981 | $450 | $1,550 |
Sheffield 2 Bedroom Apartments | $1,227 | $525 | $3,433 |
Sheffield 3 Bedroom Apartments | $1,108 | $760 | $1,690 |
Sheffield 4 Bedroom Apartments | $603 | $295 | $1,195 |
Browse Top Apartments in Sheffield
See all Apartments in SheffieldExplore Sheffield
Sheffield, IA Local Guide
- Nearby Cities
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Cheapest Available Sheffield Apartments for Rent and Nearby
 The cheapest available apartment rental in Sheffield, IA is a 4 Beds unit found at Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $295. Shalom Tower II has the second lowest priced unit, which is a Studio apartment currently listed from $405. Here is today’s list of the most affordable Sheffield apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Residences on College Hill | Private 1-Bedroom Apartment in a Spacious 4-Bed... | 4BR,1BA | $295 |
Shalom Tower II | Tower I Efficiency | Studio,1BA | $405 |
Key Apartments | Efficiency | Studio,1BA | $450 |
Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR,1BA | $450 |
City Center Kent Apartments | Studio | 1BR,1BA | $495 |
Best Value Apartments for Rent in Sheffield, IA and Nearby
As of June 01, 2025 the best value apartment in the Sheffield area is the $0.70 price per square foot 3 Bed 2 Bath Model at Pheasant Hollow Apartments in the starting from $1,000. The second greatest value Sheffield apartment is the 3 Bedroom 1.5 Bathroom Model at Meadow Lake of Clear Lake Apartments starting at $965 with a $1.02 price per square foot . Here is today’s list of the best values for Sheffield apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pheasant Hollow Apartments | 3 Bed 2 Bath | 3BR,2BA | $0.70 |
Meadow Lake of Clear Lake Apartments | 3 Bedroom 1.5 Bathroom | 3BR,1.5BA | $1.02 |
The Allure at Rivers Edge | 2 Bed/2bath | 2BR,2BA | $1.23 |
City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $0.74 |
Shalom Tower II | Tower II - One Bedroom | 1BR,1BA | $0.70 |
Gold Falls Villa Apartments | 2BR/1 Bath | 2BR,1BA | $1.04 |
The Meadows | 1 Bedroom 1 Bath | 1BR,1BA | $1.27 |
Palisades | 1 Bed 1 Bath | 1BR,1BA | $1.29 |
Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR,1BA | $0.73 |
18 S Adams Ave | One Bedroom | 1BR,1BA | $0.95 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sheffield, IA Rentals by Map
See the most popular apartments and homes in Sheffield, IA
Getting Around Sheffield, IA
Walk Score®
12 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
32 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Sheffield Apartments
What is the Cheapest Studio apartment in Sheffield?
Currently the most affordable Cheap Studio Apartment in Sheffield is at Shalom Tower II listed at $405.
How much is rent for a Cheap One Bedroom Sheffield Apartment?
The lowest price for a Cheap One Bedroom Sheffield Apartment is $450 at Hubbard Maple Street Apartments.
What is the lowest price for a Cheap Two Bedroom Sheffield Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Sheffield is starting from $525 at Residences on College Hill.
What is the most affordable Sheffield Three Bedroom Apartment?
The best deal on a cheap Sheffield Three Bedroom Apartment rental is at Rolling Meadows Apartments and starts from $975.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.