2026 Affordability Data
Most Affordable Neighborhoods in Sheffield Lake - 2026 Data
The median home value in Sheffield Lake is $143,300, 49% below nat'l avg. Median rent is $888/month. With an affordability index of 135, Sheffield Lake is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Sheffield Lake, OH area.
Key Takeaways: Affordability in Sheffield Lake
- 1The most affordable neighborhood in Sheffield Lake is Cincinnati, with a median home value of $170,000.
- 2Sheffield Lake's median home value is $143,300, 49% below nat'l avg (national: $281,900).
- 3Sheffield Lake's affordability index is 135 (baseline 100), making it more affordable than the national average.
- 4Median rent in Sheffield Lake is $888/month, 24% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Sheffield Lake to find the most affordable areas based on home values, rent, and affordability index.
Sheffield Lake Affordability Overview
Median Home Value
$143,300
49% below nat'l avg
Median Rent
$888/mo
24% below nat'l avg
Median Income
$61,699
17% below nat'l avg
Affordability Index
135
35% above nat'l avg
Most Affordable Neighborhoods in Sheffield Lake (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | CincinnatiOH | $170,000 |
| 2 | SalemOH | $113,700 |
| 3 | MonroeOH | $242,000 |
| 4 | LorainOH | $115,200 |
| 5 | HamiltonOH | $141,300 |
| 6 | ClevelandOH | $87,400 |
| 7 | BeachwoodOH | $362,500 |
| 8 | Mount VernonOH | $149,200 |
| 9 | AkronOH | $99,700 |
| 10 | CantonOH | $86,200 |
| 11 | WickliffeOH | $146,600 |
| 12 | CirclevilleOH | $157,900 |
| 13 | East ClevelandOH | $71,800 |
| 14 | New FranklinOH | $185,000 |
| 15 | NewarkOH | $162,300 |
Detailed Neighborhood Profiles
Home Value: $170,000
Rent: $1,554/mo
Affordability: 155
Population: 309,317
Walk Score: 98/100
Home Value: $113,700
Rent: $888/mo
Affordability: 135
Population: 11,861
Walk Score: 0/100
Home Value: $242,000
Rent: $888/mo
Affordability: 135
Population: 15,202
Walk Score: 0/100
4
Home Value: $115,200
Rent: $888/mo
Affordability: 135
Population: 65,138
Walk Score: 0/100
5
Home Value: $141,300
Rent: $888/mo
Affordability: 135
Population: 63,149
Walk Score: 0/100
6
Home Value: $87,400
Rent: $888/mo
Affordability: 135
Population: 370,365
Walk Score: 0/100
7
Home Value: $362,500
Rent: $888/mo
Affordability: 135
Population: 13,846
Walk Score: 0/100
8
Home Value: $149,200
Rent: $888/mo
Affordability: 135
Population: 16,861
Walk Score: 0/100
9
Home Value: $99,700
Rent: $888/mo
Affordability: 135
Population: 190,273
Walk Score: 0/100
10
Home Value: $86,200
Rent: $888/mo
Affordability: 135
Population: 70,589
Walk Score: 0/100
11
Home Value: $146,600
Rent: $888/mo
Affordability: 135
Population: 12,661
Walk Score: 0/100
12
Home Value: $157,900
Rent: $888/mo
Affordability: 135
Population: 14,017
Walk Score: 0/100
13
Home Value: $71,800
Rent: $888/mo
Affordability: 135
Population: 13,926
Walk Score: 0/100
14
Home Value: $185,000
Rent: $888/mo
Affordability: 135
Population: 13,874
Walk Score: 0/100
15
Home Value: $162,300
Rent: $888/mo
Affordability: 135
Population: 50,062
Walk Score: 0/100
Frequently Asked Questions About Affordability in Sheffield Lake
What is the most affordable neighborhood in Sheffield Lake, OH?▾
Based on 2026 data, Cincinnati is the most affordable neighborhood in Sheffield Lake with a median home value of $170,000. Kurby analyzed 15 neighborhoods in the Sheffield Lake area to compile these rankings.
What is the median home price in Sheffield Lake, OH?▾
The median home price in Sheffield Lake is $143,300, which is 49% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Sheffield Lake affordable compared to the national average?▾
Sheffield Lake has an affordability index of 135, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Sheffield Lake, OH?▾
The median monthly rent in Sheffield Lake is $888. This is 24% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Sheffield Lake?▾
The median household income in Sheffield Lake is $61,699 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Sheffield Lake are below the national average home price?▾
14 out of 15 ranked neighborhoods in Sheffield Lake have a median home value below the national average of $281,900. The most affordable is Cincinnati at $170,000 (Source: Kurby, 2026).