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.
How much do households earn in Sheffield?
Share of households by yearly income. 8.0% of households earn $100,000 or more.
Rent by apartment size in Sheffield
| Size | Sheffield | U.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).
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
Life in Sheffield
Is it cheaper to rent or buy in Sheffield?
Renting is cheaper right now: about $56 a month less.
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.