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Sheffield, IA
Full City Profile · Iowa · Franklin County County
3.1
/5.0
B
Good
1,204
Population
216/sq mi density
$64,297
Median Income
$30,516 per capita
$138,500
Home Value
$169,562 Zillow
$648
Median Rent
24.7% income on rent
47°F
Avg Temperature
260 sunny days/yr
94
Violent Crime/100K
3,414 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$64,297 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$138,500 home value, $648/mo rent
F
Safety
1.0 / 5.0
94 violent crimes/100K
C+
Education
2.5 / 5.0
19.3% bachelor's degree or higher
Housing Overview
Median Home Value
$138,500
51% below
US avg: $281,900
Median Rent
$648/mo
44% below
US avg: $1,163/mo
Homeownership Rate
77.2%
18% above US avg (65.4%)
Total Housing Units
470
Median year built: 1960
Home Value by Source
Census Median
$138,500
Zillow (ZHVI)
$169,562
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.2%
Owner-Occupied
22.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$648/mo
Affordability & Housing Stock
Rent Burden
24.7%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
77.2%
Complete Housing Data
Home Values
| Census Median Value | $138,500 |
| Zillow Home Value (ZHVI) | $169,562 |
Rent
| Census Median Rent | $648 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 77.2% |
| Renter-Occupied | 22.8% |
| Homeownership Rate | 77.2% |
| Total Housing Units | 470 |
| Median Year Built | 1960 |
| Rent Burden | 24.7% |