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These days, finding an affordable place to live in the Sheridan area can be challenging. Home prices in Sheridan are now at a median cost of $252,908, higher than the Iowa average of $226,062.
The average cost of rent is $974/mo in Sheridan, primarily driven by the current value of real estate in the Sheridan area. In Sheridan, 20.49% of households rent, and 33.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sheridan is $8,141 per month. Households that rent pay about 11.96% of their income on rent here. Sheridan’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Grinnell, IA: less expensive homes
- Newburg, IA: equally priced homes
- Malcom, IA: less expensive homes
- Tama, IA: less expensive homes
- Gilman, IA: less expensive homes
- Brooklyn, IA: less expensive homes
- Oakland Acres, IA: less expensive homes
- Montour, IA: less expensive homes
- Toledo, IA: less expensive homes
- Chelsea, IA: less expensive homes
Cities with Similar Populations
- Brownsburg, PA: higher priced homes
- Toledo, AR: less expensive homes
- Timblin, PA: less expensive homes
- Bunker Hill, OH: equally priced homes
- Buddha, IN: less expensive homes
- Buckner, AR: less expensive homes
- Brussels, IL: less expensive homes
- Bruce Crossing, MI: less expensive homes
- Brownsdale, FL: equally priced homes
- Toms Prairie, IL: less expensive homes
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