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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 $109,499, lower than the Kentucky average of $219,615.
The average cost of rent is $693/mo in Sheridan, primarily driven by the current value of real estate in the Sheridan area. In Sheridan, 10.17% of households rent, and 59.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sheridan is $4,016 per month. Households that rent pay about 17.26% of their income on rent here. Sheridan’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tolu, KY: equally priced homes
- Lola, KY: less expensive homes
- Marion, KY: higher priced homes
- Crayne, KY: higher priced homes
- Salem, KY: equally priced homes
- Cave In Rock, IL: higher priced homes
- Peters Creek, IL: less expensive homes
- Elizabethtown, IL: less expensive homes
- Rosiclare, IL: less expensive homes
- Carrsville, KY: less expensive homes
Cities with Similar Populations
- Vasco, TX: higher priced homes
- Cliff, NM: higher priced homes
- Clinchport, VA: higher priced homes
- Clover Creek, WA: higher priced homes
- Cloverland, IN: higher priced homes
- Clymers, IN: higher priced homes
- Coalton, IL: less expensive homes
- Cobalt, ID: higher priced homes
- Coffey, MO: higher priced homes
- Colbert Heights, AL: higher priced homes
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