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Apartments in Sheffield

1 - 4 of 4 Results
7
$600
6th St
600 E 6Th St Tuscumbia, AL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
6
$700 - 725
Plato's-sheffield
4205 Hatch Blvd Sheffield, AL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Pool
1
$1,050
Legacy Dr
Tuscumbia, AL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
8
Call for Pricing
500 W 1St St
Tuscumbia, AL
Studio | Ask for Availability
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1 - 4 of 4 Results
  1. Home
  2. Sheffield

How much does it cost to rent an apartment in Sheffield?

Sheffield Apartments
Bed Type Average Rent Range
Studio $730 $700 - $730
2BR $830 $600 - $1,050
Frequently Asked Questions

How many apartments are available in Sheffield, AL on Rentable.co?

Rentable.co has over 187 apartments available in Sheffield.

What is the average rent for a studio apartment in Sheffield, AL?

The average rent for a studio apartment in Sheffield is around $730 per month.

What is the average rent for a two-bedroom apartment in Sheffield, AL?

The average rent for a two-bedroom apartment in Sheffield is around $830 per month.

How expensive is it to rent an apartment in Sheffield, AL?

For a two-bedroom apartment in Sheffield, the average rent price is $830 per month, which is lower than the national average of $1,600 per month.

Can I afford an apartment for rent in Sheffield, AL?

Based on average rent prices in Sheffield, to afford a studio apartment you would need an annual household income of $29,000 to live comfortably.

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Sheffield:
April Rent Report

Welcome to the April 2024 Sheffield Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Sheffield rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Sheffield and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Sheffield average rent prices in the chart below.

Monthly Rent Report

$950
$710
$480
$240
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Sheffield Rent Prices Increase From March to April

Sheffield rent prices increased over the last month. From March to April, the city experienced a 2.63% increase for the price of a one-bedroom apartment. The rent price for a Sheffield one-bedroom apartments currently stands at $664.0.

When we take a look at the two-bedroom comparison from March to April, Sheffield experienced a -3.55% decrease for the price of a two-bedroom apartment. The rent price for a Sheffield two-bedroom apartments currently stands at $680.0.

April Prices: Sheffield vs. Surrounding Areas

Rent Prices in Sheffield and Surrounding Areas

Rent prices have increased in Sheffield over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Sheffield suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Sheffield suburbs

  • Rents did not decrease in any of the Sheffield suburbs.

April 2024 Pricing Trends: Sheffield vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Sheffield Rent Prices More Affordable Than Major Cities

Rent growth in Sheffield over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Sheffield average rent prices appear to be relatively affordable for local residents.

The price for a Sheffield one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Sheffield and surrounding area rent prices, take a look at the complete data set below.

Data set for Sheffield and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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