Cheap Apartments for Rent in Sheffield, OH from $500 (36 Rentals)

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

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The Perch on Lake Apartments
Rent Specials
$775 - $3,000
Total Monthly Price

Total Monthly Price

Base Rent
$450 - $2,675
Required Monthly Fees
$325
Total Monthly Price
$775 - $3,000
Studio to 3 Bedroom Apartments Available Now

The Perch on Lake Apartments

5115 Lake RdSheffield Lake, OH 44054
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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.

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The Floridian
1 to 2 Bedroom Apartments

The Floridian

127 Fox Hill LnElyria, OH 44035
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Southwyck Manor
1 to 3 Bedroom Apartments

Southwyck Manor

1442-1454 W River Rd NElyria, OH 44035
  • Utilities Included

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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Knickerbocker Apartments
1 to 2 Bedroom Apartments

Knickerbocker Apartments

370 Irving Park BlvdSheffield Lake, OH 44054
  • Utilities Included
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Avon West
1 Bedroom Apartments

Avon West

33373-33379 Lake RdAvon Lake, OH 44012
  • Utilities Included
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Lorain Studio Suites
Studio to 1 Bedroom Apartments

Lorain Studio Suites

1825 Lorain BlvdElyria, OH 44035
  • Utilities Included
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Pikewood Manor
1 to 3 Bedroom Apartments

Pikewood Manor

1780 Lorain BlvdElyria, OH 44035
Senior Living
  • Utilities Included
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Windjammer Apartments
1 to 2 Bedroom Apartments

Windjammer Apartments

4141 Lake RdSheffield Lake, OH 44054
  • Utilities Included

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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Shoreham Park
1 to 3 Bedroom Apartments

Shoreham Park

33393 Electric BlvdAvon Lake, OH 44012
  • Utilities Included
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601-605 Abbe Rd
2 Bedroom Apartments

601-605 Abbe Rd

601-605 N Abbe RdElyria, OH 44035
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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.

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Showing Results 1-36, Page 1 of 1

Sheffield, OH Local Guide

Cheapest Available Sheffield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sheffield, OH is a Studio unit found at The Overlook in the Larkmoor neighborhood priced from $650. The Perch on Lake Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Sheffield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The OverlookEfficiencyStudio,1BA$650
The Perch on Lake ApartmentsCatawba Cove - Call for AvailabiltyStudio,1BA$775
Arbor Grove LorainStudioStudio,1BA$789
Foxes' Lair Apartments1 Bedroom Apartment1BR,1BA$810
Rosewood Park Apartments2 Bedroom 1 Bath2BR,1BA$900
Tradewinds Apartments1 Bedroom 1 Bath1BR,1BA$975
Pin Oak Apartments3 Bedroom 2 Bath3BR,2BA$1,050
Village on the Green Apartments1 Bedroom1BR,1BA$1,080
Hancock Duplex Apartments1919 Randal St2BR,1BA$1,125

Best Value Apartments for Rent in Sheffield, OH and Nearby

As of February 14, 2026 the best value apartment in the Sheffield 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 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 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Preserve at French CreekThe Willow2BR,2BA$1.23
The Preserve at Walnut RidgeRetreat - Central Unit2BR,2BA$1.37
2831 Globe Ave, Unit 12831 Globe Ave2BR,1BA$1.00
Portside ApartmentsThe Windjammer2BR,2BA$1.29
Hancock Duplex Apartments1919 Randal St2BR,1.5BA$1.02
Timber Lakes Apartments2B Ranch2BR,2BA$1.21
Tradewinds Apartments1 Bedroom 1 Bath1BR,1BA$1.22
Village on the Green Apartments1 Bedroom1BR,1BA$1.35
Pin Oak Apartments2 Bedroom 1 Bath2BR,1BA$1.41
Foxes' Lair Apartments1 Bedroom Apartment1BR,1BA$1.14

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.

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The 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.

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Cash 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.

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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.

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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 The Overlook listed at $650.

How much is rent for a Cheap One Bedroom Sheffield Apartment?

The lowest price for a Cheap One Bedroom Sheffield Apartment is $750 at The Overlook.

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 $900 at Rosewood Park Apartments.

What is the most affordable Sheffield Three Bedroom Apartment?

The best deal on a cheap Sheffield Three Bedroom Apartment rental is at Pin Oak Apartments and starts from $1,050.

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

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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.

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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.

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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.

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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.