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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 $198,483, lower than the New York average of $610,895.
The average cost of rent is $863/mo in Sheridan, primarily driven by the current value of real estate in the Sheridan area. In Sheridan, 7.10% of households rent, and 49.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sheridan is $7,396 per month. Households that rent pay about 11.67% of their income on rent here. Sheridan’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Forestville, NY: less expensive homes
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- Fredonia, NY: equally priced homes
- Parcells Corner, NY: less expensive homes
- Shumla, NY: less expensive homes
- Van Buren Bay, NY: equally priced homes
- Nashville, NY: less expensive homes
Cities with Similar Populations
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- Windle, TN: higher priced homes
- Wind Ridge, PA: less expensive homes
- Williamsville, VT: higher priced homes
- Williams, MN: higher priced homes
- Vienna, LA: higher priced homes
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