3 E Erie Ave
LorainOH44052
Cheap Homes for Rent in Sheffield Lake, OH from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Sheffield Lake.
810 E Erie Ave
LorainOH44052
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$9003 Bedroom Apartments Available Now
2900 Crehore St
2900 Crehore StLorain, OH 44052
1109 Euclid Ave
LorainOH44052
1714 E 30th St
LorainOH44055
942 S Central Dr
LorainOH44052
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
3009 Pearl Ave
LorainOH44055
3502 Lowell Ave
LorainOH44055
1911 E 34th St
LorainOH44055
629 Vermont Dr
LorainOH44052
1818-1818 E 29th St
LorainOH44055
1176 W 8th St
LorainOH44052
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.
1490 W River Rd N
ElyriaOH44035
Showing Results 1-13, Page 1 of 1
Sheffield Lake, OH Local Guide
Fall foliage on the Black River by Rona Proudfoot is licensed under CC BY 2.0
How much does it cost to rent a home in Sheffield Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sheffield Lake 2 Bedroom Homes for Rent | $1,274 | $895 | $1,670 |
| Sheffield Lake 3 Bedroom Homes for Rent | $1,797 | $1,075 | $3,000 |
| Sheffield Lake 4 Bedroom Homes for Rent | $1,639 | $1,199 | $2,250 |
| Sheffield Lake 5 Bedroom Homes for Rent | $1,895 | $1,895 | $1,895 |
Browse Top Homes for Rent in Sheffield Lake
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Sheffield Lake, OH Local Guide
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Cheapest Available Sheffield Lake Apartments for Rent and Nearby
The cheapest available apartment rental in Sheffield Lake, OH is a 1 Bed unit found at Concord Apartments in the Bartish neighborhood priced from $695. The Overlook in the Larkmoor neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Sheffield Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Concord Apartments | 1 Bedroom | 1BR,1BA | $695 |
| The Overlook | Efficiency | Studio,1BA | $725 |
| Tower Regency & Tower Garden | 1 Bed 1 Bath | 1BR,1BA | $740 |
| The Perch on Lake Apartments | Catawba Cove - Call for Availabilty | Studio,1BA | $775 |
| Arbor Grove Lorain | Studio | Studio,1BA | $789 |
Best Value Apartments for Rent in Sheffield Lake, OH and Nearby
As of May 27, 2026 the best value apartment in the Sheffield Lake area is the $1.23 price per square foot The Willow Model at The Preserve at French Creek in the in the Bentley Park neighborhood starting from $1,975. The second greatest value Sheffield Lake apartment is the Retreat - Central Unit Model at The Preserve at Walnut Ridge starting at $2,200 with a $1.37 price per square foot . Here is today’s list of the best values for Sheffield Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Preserve at French Creek | The Willow | 2BR,2BA | $1.23 |
| The Preserve at Walnut Ridge | Retreat - Central Unit | 2BR,2BA | $1.37 |
| Portside Apartments | The Regatta - Standard | 2BR,1BA | $1.17 |
| 601-605 Abbe Rd | 2 Bed/1.5 Bath | 2BR,1.5BA | $0.94 |
| Redwood Elyria | Fernwood | 2BR,2BA | $1.36 |
| Pinegrove Apartments | 129 David Drive | 2BR,1BA | $1.06 |
| Village on the Green Apartments | 1 Bedroom | 1BR,1BA | $1.35 |
| Tradewinds Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.22 |
| Hidden Creek Apartments | Two Bedroom | 2BR,1BA | $1.13 |
| Water's Edge Apartments | 1 Bed | 1BR,1BA | $1.23 |
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 Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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Explore Sheffield Lake, OH Rentals by Map
See the most popular apartments and homes in Sheffield Lake, OH
Frequently Asked Questions about Sheffield Lake
What type of rentals are currently available in Sheffield Lake?
There are currently 70 Apartments for Rent in Sheffield Lake, OH with pricing that ranges from $630 to $3,241. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sheffield Lake ranging from $729 to $3,000.
What is the current price range for Rental Homes in Sheffield Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sheffield Lake ranges from $729 to $3,000 with an average monthly rent of $1,516.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.