1444 W River Rd N
ElyriaOH44035
Cheap Homes for Rent near Sheffield, OH from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Sheffield.
4461 Oberlin Ave
LorainOH44053
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$7501 Bedroom Apartments Available Now
2533 E 31st St, Unit 2
2533 E 31st StLorain, OH 44055
1454 W River Rd N
ElyriaOH44035
410 W 14th St
LorainOH44052
330 W 17th St
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.
1608 New Hampshire Ave
LorainOH44052
3009 Pearl Ave
LorainOH44055
2522 E 39th St
LorainOH44055
1911 E 34th St
LorainOH44055
1220 W Erie Ave
LorainOH44052
165 Bellfield Ave
ElyriaOH44035
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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Sheffield, OH Local Guide
New Community Boat Launch in Sheffield Lake by Rona Proudfoot is licensed under CC BY 2.0
How much does it cost to rent a home in Sheffield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sheffield 2 Bedroom Homes for Rent | $1,302 | $825 | $1,849 |
| Sheffield 3 Bedroom Homes for Rent | $1,609 | $950 | $3,200 |
| Sheffield 4 Bedroom Homes for Rent | $5,265 | $1,500 | $10,000+ |
| Sheffield 5 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Top Homes for Rent in Sheffield
Explore Sheffield
Sheffield, OH Local Guide
- Nearby Cities
- ZIP codes
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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 $725. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Overlook | Efficiency | Studio,1BA | $725 |
| The Perch on Lake Apartments | Catawba Cove - Call for Availabilty | Studio,1BA | $775 |
| Arbor Grove Lorain | Studio | Studio,1BA | $789 |
| Foxes' Lair Apartments | 1 Bedroom Apartment | 1BR,1BA | $810 |
| Rosewood Park Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $875 |
Best Value Apartments for Rent in Sheffield, OH and Nearby
As of July 11, 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 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 |
| Waterford Luxury Apartments & Villas | Villa | 2BR,2BA | $1.44 |
| Portside Apartments | The Regatta - Deluxe | 2BR,1BA | $1.23 |
| 601-605 Abbe Rd OPEN HOUSE 7/18 10-3PM | 2 Bed/1.5 Bath | 2BR,1.5BA | $0.85 |
| Timber Lakes Apartments | 2B Townhome | 2BR,2BA | $1.09 |
| Pinegrove Apartments | 129 David Drive | 2BR,1BA | $1.06 |
| Tradewinds Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.23 |
| Village on the Green Apartments | 1 Bedroom | 1BR,1BA | $1.35 |
| Foxes' Lair Apartments | 1 Bedroom Apartment | 1BR,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.
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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Best Local Schools in Sheffield, OH
Brookside High School
Sheffield-Sheffield Lake City School District
Public School - Grades 9-12 (408)
5 out of 10
Brookside Middle School
Sheffield-Sheffield Lake City School District
Public School - Grades 6-8 (258)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sheffield, OH Rentals by Map
See the most popular apartments and homes in Sheffield, OH
Frequently Asked Questions about Sheffield
What type of rentals are currently available in Sheffield?
There are currently 87 Apartments for Rent in Sheffield, OH with pricing that ranges from $690 to $3,065. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sheffield ranging from $750 to $11,000.
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 $750 to $11,000 with an average monthly rent of $2,455.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.