States › Alabama › Sheffield

Is Sheffield, AL expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$87250% lower than U.S. average
💵 Families earn per year (2026)$42,852about $3,571/month · 51% lower than U.S. average
🔑 House price$133,80060% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.1 years of household income. Commutes are short, about 19.4 minutes.

How much money do I need?

To rent here comfortably, you should earn about $34,880 a year. That is $17 an hour at a full-time job.

Is rent cheaper than other Alabama cities?

Yes. Rent here is cheaper than in most of Alabama. It is number 28 of 120 cities from cheapest to most expensive.

Sheffield
$872
$1,246
$1,283

How much do households earn in Sheffield?

Under $25k
24.9%
$25k–50k
24.0%
$50k–100k
28.3%
$100k–150k
5.4%
$150k+
2.6%

Share of households by yearly income. 8.0% of households earn $100,000 or more.

Rent by apartment size in Sheffield

SizeSheffieldU.S. average
Studio$790$1,338
1 bedroom$651$1,324
2 bedrooms$856$1,509
3 bedrooms$1,149$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Sheffield overall?

Everyday prices in Alabama overall are 11% below the U.S. average (index 88.8, U.S. = 100).

Housing
62
Goods (food, clothes…)
96
Utilities
85
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Sheffield, so the Alabama figure is shown.

Taxes and bills in Sheffield

🏛️ Property tax$579a year · 0.43% of home value · U.S. $3,119
⚡ Electric bill$224a month (typical) · U.S. $156

Life in Sheffield

Commute to work19.4 minU.S.: 26.4 min
College degree18.4%U.S.: 35.7%
Own their home60.2%U.S.: 65.2%
Below poverty line26.6%U.S.: 12.5%
Unemployment5.2%U.S.: 5.2%

Is it cheaper to rent or buy in Sheffield?

Renting is cheaper right now: about $56 a month less.

Renting
$872
Owning
$928

Owning assumes a typical $133,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $13,380 for the down payment.

Frequently asked questions

What is the average rent in Sheffield, AL?

Renting in Sheffield costs a median of about $872 a month in 2026, including utilities. The Alabama median is $1,175.

How much do I need to make to live in Sheffield?

To keep rent under 30% of income, you need about $34,880 a year, or $17 an hour at a full-time job.

Is Sheffield cheap or expensive?

Sheffield is rated OK: rent takes 24.4% of the typical household income of $42,852. It ranks 28th cheapest of 120 Alabama cities we track.

How much are property taxes in Sheffield?

The median homeowner in Sheffield pays $579 a year in property taxes, about 0.43% of the median home value.

Is Sheffield more expensive than the national average?

Overall prices in Alabama are 11% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Sheffield?

The median home value in Sheffield is $133,800, about 3.1 times the typical yearly household income.

9,340 people live in Sheffield. Numbers are typical (middle) values.