Cheap Homes for Rent in Sheffield Lake, OH from $700 (13 Rentals)

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

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.

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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.

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Sheffield Lake, OH Local Guide

Cheapest Available Sheffield Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sheffield Lake, OH is a Studio unit found at The Overlook in the Larkmoor neighborhood priced from $650. Concord Apartments in the Bartish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $665. Here is today’s list of the most affordable Sheffield Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The OverlookEfficiencyStudio,1BA$650
Concord Apartments1 Bedroom1BR,1BA$665
Tower Regency & Tower Garden1 Bed 1 Bath1BR,1BA$665
Oakwood Park Apartments1 Bedroom - Available Soon!1BR,1BA$675
Water's Edge Apartments1 Bed1BR,1BA$700

Best Value Apartments for Rent in Sheffield Lake, OH and Nearby

As of July 25, 2025 the best value apartment in the Sheffield Lake area is the $1.09 price per square foot Penthouse II - Call for Availability Model at The Perch on Lake Apartments in the starting from $3,000. The second greatest value Sheffield Lake apartment is the The Regatta - Deluxe Model at Portside Apartments starting at $1,585 with a $1.26 price per square foot in the Larkmoor neighborhood. Here is today’s list of the best values for Sheffield Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Perch on Lake ApartmentsPenthouse II - Call for Availability3BR,2BA$1.09
Portside ApartmentsThe Regatta - Deluxe2BR,1BA$1.26
601-605 Abbe Rd2 Bed/1.5 Bath2BR,1.5BA$0.83
Pin Oak Apartments3 Bedroom 2 Bath3BR,2BA$1.12
Rosewood Park Apartments3 Bedroom 1.5 Bath3BR,1.5BA$1.21
Village on the Green Apartments2 Bedroom2BR,1.5BA$1.26
Tradewinds Apartments1 Bedroom 1 Bath1BR,1BA$1.19
Hidden Creek ApartmentsTwo Bedroom2BR,1BA$1.11
Water's Edge Apartments1 Bed1BR,1BA$1.08
Oakwood Park Apartments1 Bedroom - Available Soon!1BR,1BA$1.23

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Frequently Asked Questions about Sheffield Lake

What type of rentals are currently available in Sheffield Lake?

There are currently 71 Apartments for Rent in Sheffield Lake, OH with pricing that ranges from $605 to $3,300. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sheffield Lake ranging from $709 to $3,799.

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 $709 to $3,799 with an average monthly rent of $1,353.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.

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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.