
Cheap Homes for Rent in Sheffield, IL from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Sheffield.


205 Sandra Ave

108 S 3rd Ave

519 Morris St

611 W Matthews St

230 Creve Coeur St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1044 Oconor Ave

104 N Main St

537 1/2 Bucklin St

1402 E Lynn Blvd

1211 48th Ave

318 Durant St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Sheffield, IL Local Guide

How much does it cost to rent a home in Sheffield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sheffield 2 Bedroom Homes for Rent | $1,340 | $825 | $1,995 |
| Sheffield 3 Bedroom Homes for Rent | $2,250 | $1,400 | $3,000 |
| Sheffield 4 Bedroom Homes for Rent | $2,325 | $1,400 | $3,000 |
| Sheffield 5 Bedroom Homes for Rent | $4,800 | $4,800 | $4,800 |
Browse Top Homes for Rent in Sheffield
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Sheffield, IL Local Guide
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Cheapest Available Sheffield Apartments for Rent and Nearby
 The cheapest available apartment rental in Sheffield, IL is a Studio unit found at Riverside Apartments and Townhomes priced from $525. Northland Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Sheffield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverside Apartments and Townhomes | Studio | Studio,1BA | $525 |
| Northland Park Apartments | Studio | Studio,1BA | $625 |
| MEADOWS OF LUKE RIDGE | 2 BED 1 BATH | 2BR,1BA | $670 |
| Dixon River Apartments | 1BD/1BA | 1BR,1BA | $675 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
Best Value Apartments for Rent in Sheffield, IL and Nearby
As of February 21, 2026 the best value apartment in the Sheffield area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Sheffield apartment is the Easton Model at Knoxville Pointe starting at $1,567 with a $1.35 price per square foot in the Oakbrook neighborhood. 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. |
|---|---|---|---|
| Eagle Point Apartments | 3 Bedroom 2 Bath | 2BR,2BA | $1.18 |
| Knoxville Pointe | Easton | 2BR,2BA | $1.35 |
| 504 S Sweetbriar Dr | 2 Beds, 1 Baths | 2BR,1BA | $0.95 |
| MEADOWS OF LUKE RIDGE | 2 BED 1 BATH | 2BR,1BA | $0.71 |
| 5425 Valley Dr | 3 bed | 3BR,2BA | $1.35 |
| Pine Ridge | 2-willow | 2BR,1BA | $1.35 |
| Homewood Manor | a2r | 1BR,1BA | $1.26 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| Dixon River Apartments | 1BD/1BA | 1BR,1BA | $1.03 |
| Avenues at East Moline | 1 Bed 1 Bath | 1BR,1BA | $1.35 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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, IL Rentals by Map
See the most popular apartments and homes in Sheffield, IL
Frequently Asked Questions about Sheffield
What type of rentals are currently available in Sheffield?
There are currently 41 Apartments for Rent in Sheffield, IL with pricing that ranges from $525 to $3,900. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sheffield ranging from $725 to $4,800.
What is the current price range for Rental Homes in Sheffield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sheffield ranges from $725 to $4,800 with an average monthly rent of $2,332.
How much are larger Three and Four Bedroom Rentals in Sheffield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Sheffield range from $910 to $2,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $2,375.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.