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Newest Homes for Rent in Sheffield Lake, OH

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  • /47

    Starting at $1,475 Per Month

    • 2 Beds

    5115 E Lake Rd, Sheffield Lake, OH 44054

    Property Amenities:Laundry Facilities, Controlled Access, Property Manager On Site, Maintenance On Site, Fitness Center, Swimming Pool, Garage Rentals Available, City Views, 24-Hour Maintenance, Barbecue, Bicycle Storage, Disabled access, Elevator, Online Maintenance Portal, Online Rent Payment, On-site Management, Package Service, Garden, Picnic AreaApartment Features:Balcony,

    Perch on Lake

    5115 E Lake Rd, Sheffield Lake, OH 44054
  • /42

    Starting at $1,299 Per Month

    • 2 Beds

    100 Mariners Cir, Sheffield Lake, OH 44054

    Serene and relaxing apartment living starts at Portside Apartments in Sheffield Lake, Ohio. Close in proximity to Lake Erie, residents can enjoy the comforts of lakeside living while being a short drive away from Cleveland. Highway 6 and Interstate 90 are your gateways to fun and excitement around our small city. Amazing restaurants, intriguing shops, and exciting entertainment attractions are

    Portside Apartments

    100 Mariners Cir, Sheffield Lake, OH 44054
  • /37

    $1,600 Per Month

    • 2 Beds
    • 2 Baths
    • 988 Sq Ft
    • House for Rent

    325 Thelma Dr, Sheffield Lake, OH 44054

    Charming brick ranch in a prime location just steps from Lake Erie! Enjoy the convenience of being close to Sheffield and Avon Lake shopping, dining, parks, and everyday amenities. A welcoming front porch leads into a warm and inviting main level featuring beautiful hardwood floors throughout. The home offers two spacious bedrooms on the main floor, a full bathroom, and a formal dining room

    Jessica Smith Keller Williams Citywide

    325 Thelma Dr, Sheffield Lake, OH 44054
  • /14

    $1,395 Per Month

    • 3 Beds
    • 1 Bath
    • 912 Sq Ft
    • House for Rent

    4252 Belle Ave, Sheffield Lake, OH 44054

    $995 Security Deposit Special! Freshly updated three-bedroom ranch in Sheffield Lake! As you enter the front door, you'll find a bright living room with a large picture window, fresh paint, and brand-new carpeting. The adjoining dining area leads to the updated kitchen featuring new cabinets and updated finishes.Down the hall are three bedrooms, an updated full bathroom with a new vanity,

    4252 Belle Ave, Sheffield Lake, OH 44054
  • /20

    Starting at $1,075 Per Month

    • 2 - 3 Beds

    3501 Pin Oak Dr, Lorain, OH 44052

    Welcome to Pin Oak Apartments, one of Lorain, Ohio's best kept secrets! Tucked away in a quiet residential neighborhood with great scenic views, Pin Oak, is the perfect place for your next apartment home. Pin Oak's central location affords you quick easy access to all the great things you love about the area. Not only are we just a minute from Lake Erie and all the great beaches there, but we're

    Pin Oak Apartments

    3501 Pin Oak Dr, Lorain, OH 44052
  • /50

    Starting at $1,975 Per Month

    • 2 Beds

    5798 Preserve Ln, Sheffield, OH 44054

    At the Preserve, our goal is to make you feel at home. Our brand new single-story apartments offer the amenities of a private home without the stress. Each of our luxury homes features two bedrooms, two full bathrooms, a two and a half car garage and seven spacious closets. Our beautiful and convenient location is just 25 miles west of downtown Cleveland and minutes from Avon, Westlake, Elyria

    The Preserve at French Creek

    5798 Preserve Ln, Sheffield, OH 44054
  • /13

    Starting at $1,000 Per Month

    • 1 - 2 Beds

    690 Harris Rd, Sheffield Lake, OH 44054

    Units and property updated with beautiful refurbishments including new floors, painting and appliances in updated units. Come see our new designs. Tradewinds Apartments offers online rent pay for your convenience and placing work orders online from your smart phone or computer. Each building has its own laundry facilities available 24 hours a day. Our trusted maintenance people are on

    Tradewinds Apartments

    690 Harris Rd, Sheffield Lake, OH 44054

Frequently Asked Questions

How much does it cost to rent a home in Sheffield Lake, OH?
The median rent for a home in Sheffield Lake, OH is $1,600 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Sheffield Lake, OH?
To comfortably afford the median rent in Sheffield Lake, OH, a household needs to earn roughly $64,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,600 per month in Sheffield Lake, OH, renters typically need to show $4,800 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Sheffield Lake, OH?
In Sheffield Lake, OH, the price-to-rent ratio is 11.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Sheffield Lake, OH are best for renting a home?
The best neighborhood for renting in Sheffield Lake, OH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Kamm's Corners, Jefferson and Edgewater, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$1,600
Median Single Family Home Rent
$1,450
Median Condo Rent
$1,650
How to Rent a Home