Cheap Apartments for Rent in Sheffield, OH from $500 (27 Rentals)

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

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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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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The Floridian
1 to 2 Bedroom Apartments

The Floridian

127 Fox Hill LnElyria, OH 44035

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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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

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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Lorain Studio Suites
Studio to 1 Bedroom Apartments

Lorain Studio Suites

1825 Lorain BlvdElyria, OH 44035
  • Utilities Included
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Windjammer Apartments
1 to 2 Bedroom Apartments

Windjammer Apartments

4141 Lake RdSheffield Lake, OH 44054
  • Utilities Included
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Pikewood Manor
1 to 3 Bedroom Apartments

Pikewood Manor

1780 Lorain BlvdElyria, OH 44035
  • Utilities Included

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
Oakwood Park Apartments1 Bedroom - Available Soon!1BR,1BA$825
Rosewood Park Apartments2 Bedroom 1 Bath2BR,1BA$900
Tradewinds Apartments1 Bedroom 1 Bath1BR,1BA$975
601-605 Abbe Rd2 Bed/1.5 Bath2BR,1BA$975
Village on the Green Apartments1 Bedroom1BR,1BA$1,080
Hancock Duplex Apartments1919 Randal St2BR,1BA$1,125
Timber Lakes Apartments2B Townhome2BR,2BA$1,208

Best Value Apartments for Rent in Sheffield, OH and Nearby

As of September 07, 2025 the best value apartment in the Sheffield area is the $1.32 price per square foot The Willow Model at The Preserve at French Creek in the in the Bentley Park neighborhood starting from $2,125. The second greatest value Sheffield apartment is the Retreat - Interior Model at The Preserve at Walnut Ridge starting at $2,350 with a $1.46 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$1.32
The Preserve at Walnut RidgeRetreat - Interior2BR,2BA$1.46
Waterford Luxury Apartments & VillasVilla2BR,2BA$1.31
Portside ApartmentsThe Regatta - Deluxe2BR,1BA$1.25
Timber Lakes Apartments3B Ranch3BR,2BA$1.17
601-605 Abbe Rd2 Bed/1.5 Bath2BR,1.5BA$0.83
Hancock Duplex Apartments1919 Randal St2BR,1.5BA$1.02
The Cove at Avon LakeBermuda2BR,2BA$1.47
Tradewinds Apartments1 Bedroom 1 Bath1BR,1BA$1.22
Village on the Green Apartments1 Bedroom1BR,1BA$1.35

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

Explore Sheffield, OH Rentals by Map

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Getting Around Sheffield, OH

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $895 at Oakwood Park Apartments.

What is the most affordable Sheffield Three Bedroom Apartment?

The best deal on a cheap Sheffield Three Bedroom Apartment rental is at Oakwood Park Apartments and starts from $1,000.

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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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.

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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.

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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.