Sheffield Lake, OH Rental Market Trends
Last updated: May 21, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Sheffield Lake is $1,866, a 13.78% increase compared to the previous year, when the average rent was $1,640.
Two-beedroom units at $1,980 offer 1,416 square feet, perfect for roommates or small families.
Average rent in Sheffield Lake, OH
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,866 | 1,341 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | n/a | n/a |
| 2 Beds | $1,980 | 1,416 sq. ft. |
| 3 Beds | n/a | n/a |
Sheffield Lake, OH rent trends
Rental prices in Sheffield Lake, OH have increased by 13.78% over the past year. The average rent moved from $1,640 to $1,866.
What's the typical rent budget in Sheffield Lake, OH?
The largest share of rentals in Sheffield Lake, OH (45%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Sheffield Lake, OH?
1,408 or 32% of the households in Sheffield Lake, OH are renter-occupied while 3,009 or 68% are owner-occupied.
How Sheffield Lake Compares to Other Cities
| City | Average Rent |
|---|---|
| Sheffield Lake | $1,866 |
| Columbus | $1,350 |
| Cincinnati | $1,473 |
| Cleveland | $1,561 |
| Dayton | $1,114 |
| Northwest Ohio | $1,110 |
| Akron | $1,121 |
| Delaware | $1,424 |
| Toledo | $989 |
| Warren | $974 |
| Westerville | $1,526 |
| Cleveland Heights, OH | $1,363 |
| Shaker Heights | $1,771 |
| Lakewood, OH | $1,211 |
| Medina, OH | $1,460 |
| Lorain, OH | $963 |
| Elyria, OH | $1,043 |
| East Cleveland, OH | $921 |
| Garfield Heights, OH | $939 |
| Westlake, OH | $1,677 |
| Bedford, OH | $991 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Sheffield Lake apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.