Cheap places to live in Sheffield

Sheffield is known for its industrial history, which is why it is also referred to as “Steel City”. Whether you wish to buy, rent, or invest in Sheffield, there are plenty of affordable neighbourhoods with excellent amenities and transport links.

Back in November 2023, the average property price in Sheffield, according to Rightmove, was around £246,000, which was more affordable than the national average of £372,812. Whether you are looking for a more luxurious option or the cheapest place to live in Sheffield, certain areas cater to both options.

10 Cheapest places to live in Sheffield

If you are searching for affordable living in Sheffield, you are in luck because there are plenty. Since Sheffield has numerous neighbourhoods that offer great value for your money, whether you are a first-time buyer, a student, or someone looking to save on rent, it is a great city to live in.

When it comes to the cheapest place to live in Sheffield, there is a bit of perspective involved. Some areas are close to the city centre, while others are in more suburban spots. That said, here are the ten cheapest places in Sheffield in no particular order.

Manor

One of the most affordable areas in Sheffield is Manor. This area has an average price of around £110,000. In the past, Manor was considered less desirable, but due to its recent regeneration, there have been improvements in housing stock and green spaces, and residents enjoy its close proximity to the city centre.

Parson Cross

The average house price in Parson Cross is around £120,000, and it is a popular choice for families and first-time buyers. The area has a lot to offer, such as good schools, local parks, and excellent transportation links to the city centre and surrounding areas.

Darnall

Darnall is a multicultural neighbourhood that offers great schools, shops, and leisure facilities. The public transport is quite decent, and housing is affordable as the average price is around £125,000.

Wybourn

Currently, Wybourn is undergoing regeneration, which is attracting many buyers and renters. Because it is close to the city centre, it is a convenient option, and it is also affordable as the average property price is £115,000.

Shiregreen

If you are looking for an affordable, peaceful suburban area, then Shiregreen might be the one for you. The average cost of a home in Shiregreen is around £130,000. Shiregreen is known to have a friendly community, and the homes in this area are quite spacious, making them a perfect option for families.

Southey Green

The average price of a home in Southey Green is £135,000, and it offers good local amenities such as schools, parks, and shopping facilities. Its connection to the city via bus routes is quite good too.

Heeley

For those who seek a mix of affordable homes as well as trendy urban ones, Heeley, where the average price of a home is £140,000, might be of interest. Heeley is in proximity to Sheffield’s city centre and is mostly popular among young professionals.

Gleadless

If you are looking for an area with a family-friendly atmosphere, then Gleadless might be a good option. While the average pricing of homes in Gleadless is slightly higher than the others on this list, at an average of £150,000, there are still affordable options in this area.

Woodhouse

Even if Woodhouse is located on the outskirts of Sheffield, many love it due to its quiet, village-like charm. Still, even if it is quite far from the city centre, getting there is not difficult due to the excellent transport options. When it comes to the price of homes, the average price is £145,000.

Firth Park

Firth Park is quite affordable, as the average house price is around £125,000. This is a very community-focused area and features excellent local amenities and transport links. Whether you are someone with a family or a young buyer, this area is a good option.

If you already have a property in one of these areas that you want to sell quickly, The Property Buying Company can assist you. TPBC is a cash buyer that can help you sell your home in as little as seven days without any traditional stressful sale situations.

What is the cheapest borough in Sheffield?

Sheffield is divided into several boroughs and wards. Each of them offers a unique blend of affordability and amenities. Among them, Burngreave and Darnall are often considered some of the cheapest boroughs in Sheffield for property prices as well as rental costs. Both of these boroughs have a rich history, and the communities are quite diverse, which makes them culturally significant.

Burngreave

The average price in Burngreave in November 2024 is around £140,000, which makes it quite affordable, as the average price in Sheffield is around £230,000. Burngreave is a short distance from the city centre and is quite popular among first-time buyers and students.

In recent years, Burngreave has regenerated significantly due to some investments, and because of that, it has become more appealing. If you are looking for a budget-friendly option that is close to the heart of Sheffield, Burngreave is a great choice.

Darnall

We have already mentioned that Darnall is one of the cheapest places in Sheffield to live. It is known for its excellent transport links, as it has a nearby train station, and if you want to go by bus or car, you can access the M1 motorway easily. Darnall is great for those who have a family or are pursuing a professional career due to its affordable housing.

If you want to sell your home in a cheap neighbourhood, cash buyers like The Property Buying Company can assist you with that. No matter what the condition of your home is, whether it needs repairs or if it is in pristine condition, TPBC can easily make you an offer.

What are the cheapest places to live near Sheffield?

If you are looking to live near Sheffield at a low cost, there are several nearby areas that offer affordable housing options. These locations provide a good mix of amenities, transport links, and, of course, budget-friendly property prices.

What is the most deprived area in Sheffield?

Sheffield is truly a fascinating city, as there are many contrasts between the neighbourhoods. According to the data from the English Indices of Deprivation, the most deprived area in Sheffield is the Manor Castle ward. Historically, this area has always struggled with high levels of unemployment, a lower average income, and limited access to quality housing and amenities.

The reason why Manor Castle struggles is its decline alongside the steel industry in the past. This left a lasting economic impact on many working-class communities in Sheffield, and those in Manor Castle felt it the most.

Because of the industrial decline, Manor Castle experienced a period of neglect, which resulted in deteriorating infrastructure and a lack of opportunities for residents. While there have been regeneration efforts in some parts of Manor Castle, many households still face financial hardship.

The area’s deprivation is worsened by social issues such as crime rates that are higher than in other parts of Sheffield. On top of this, residents from this area have reduced access to healthcare, and educational levels are below the city average. Still, in spite of these challenges, the community is quite resilient, and local initiatives always work to improve living conditions while providing support to those who need it the most.

Recently, regeneration projects have been aimed at addressing some of the issues that Manor Castle faces. New housing developments and community projects are designed to uplift the area. However, the gap between Manor Castle and wealthier parts of Sheffield remains significant, which really highlights the need for investment and support to help the area thrive.

Is Sheffield a low-income area?

Sheffield has areas with varying income levels. Still, the average ranks below the UK average in terms of household income. According to the ONS, the average income in Sheffield is £27,000, while the national average is £31,000. This can be seen in the average house prices in Sheffield, as it attracts buyers and renters who seek budget-friendly options.

Which areas of Sheffield are facing the most regeneration?

There are several areas in Sheffield that are undergoing regeneration. This regeneration aims to improve the housing, amenities, and infrastructure in these areas:

What is the least deprived area in Sheffield?

Ecclesall is regarded as the least deprived area in Sheffield. It is known for its wealthy residents, excellent schools, and high-quality housing. The average price of a house in Ecclesall is around £400,000, which is a significant difference from the cheapest places to live in Sheffield. This area offers a leafy suburban lifestyle while being relatively close to the city centre.

How to sell your house in cheap Sheffield areas?

Selling your home in Sheffield is quite an easy process, especially if you are selling in a cheap and affordable area. Here are a few things that you need to do to increase your odds of finding a buyer and making a profit:

Get A Professional Valuation

The first thing is to understand how much your home is worth compared to the local market. To know this information accurately, consider getting a professional valuation.

Highlight Unique Features

One of the most important things when it comes to selling your home is to highlight its unique features. Inform your potential buyers about unique features both inside the home, such as solar energy, and outside ones, such as proximity and quality of schools.

Use Agents And Stage Your Home

You can hire an estate agent to help you sell your home. If you decide to do this, make sure that your home is in the best condition possible by staging it so it looks more appealing to potential buyers during the viewing.

Be Transparent

Transparency is key, especially if you are selling in an affordable area. Be honest if something is not right with your home and if there are external factors like a poor neighbourhood. Buyers tend to appreciate honesty and are less likely to negotiate the price you set if they can feel more confident that you are not hiding anything about the property.

Consider Cash Buyers

If you are looking for a quick, hassle-free sale, cash home buyers are a great option. They will purchase any property while undercutting the local market. If you are on a deadline, this is a good option, as it is quite straightforward as well.

What's the easiest way to sell a house in Sheffield?

The easiest way to sell a house in Sheffield is by working with a cash house buyer who specialises in quick sales. TPBC, also known as The Property Buying Company, is a reputable cash home buyer with years of experience. Whether you are in an affordable area or a more affluent one, TPBC can provide you with a fair offer and complete the sale in as little as seven days. If this sounds appealing to you, do not hesitate to contact us, and we can get started on the sale right away