Cheap Apartments for Rent in Sheffield, IA from $400 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in Sheffield.

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Showing Results 1-19, Page 1 of 1

Sheffield, IA Local Guide

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 ListingModel NameBed/BathPriced From
Residences on College HillPrivate Bedroom in a 4BR Unit-Furnished Common ...4BR,1BA$295
Shalom Tower IITower I EfficiencyStudio,1BA$405
Hubbard Maple Street Apartments1 BR/1 BA1BR,1BA$450
Key ApartmentsEfficiencyStudio,1BA$450
City Center Kent ApartmentsStudio1BR,1BA$495

Best Value Apartments for Rent in Sheffield, IA and Nearby

As of September 10, 2025 the best value apartment in the Sheffield area is the $0.55 price per square foot 2 Bed 1 Bath - 1274 Sq. Ft. Model at Pheasant Hollow Apartments in the starting from $705. The second greatest value Sheffield apartment is the 3 Bedroom 1.5 Bathrooms Model at Pebble Creek Apartments starting at $1,150 with a $1.03 price per square foot . Here is today’s list of the best values for Sheffield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pheasant Hollow Apartments2 Bed 1 Bath - 1274 Sq. Ft.2BR,1BA$0.55
Pebble Creek Apartments3 Bedroom 1.5 Bathrooms3BR,1.5BA$1.03
Residences on College HillFully Furnished 4 BR/1 Bath Apartment!4BR,1BA$1.11
The Allure at Rivers Edge2 Bed/2bath2BR,2BA$1.23
Meadow Lake of Clear Lake Apartments2 Bedroom 1.5 Bathroom2BR,1.5BA$1.03
City Center Kent Apartments1 Bedroom1BR,1BA$0.74
Shalom Tower IITower II - One Bedroom1BR,1BA$0.70
Woodland Park - Eldora1 BR1BR,1BA$1.19
Hubbard Maple Street Apartments1 BR/1 BA1BR,1BA$0.73
18 S Adams AveOne Bedroom1BR,1BA$0.95

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Sheffield, IA Rentals by Map

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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 $295 at Residences on College Hill.

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 Pebble Creek Apartments and starts from $1,150.

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.