Affordable
Expensive
Expensive
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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 $424,476, higher than the Wyoming average of $376,641.
The average cost of rent is $876/mo in Sheridan, primarily driven by the current value of real estate in the Sheridan area. In Sheridan, 32.00% of households rent, and 42.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sheridan is $6,317 per month. Households that rent pay about 13.87% of their income on rent here. Sheridan’s most expensive areas are in the southwestern 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
- Big Horn, WY: higher priced homes
- Wyarno, WY: higher priced homes
- Ranchester, WY: equally priced homes
- Banner, WY: higher priced homes
- Wolf, WY: less expensive homes
- Story, WY: higher priced homes
- Dayton, WY: less expensive homes
- Ulm, WY: higher priced homes
- Parkman, WY: less expensive homes
- Decker, MT: less expensive homes
Cities with Similar Populations
- Picayune, MS: less expensive homes
- Madisonville, KY: less expensive homes
- Mahwah, NJ: higher priced homes
- Manvel, TX: less expensive homes
- Maplewood, NJ: higher priced homes
- Marietta, OH: less expensive homes
- Maumelle, AR: less expensive homes
- Owosso, MI: less expensive homes
- Palatka, FL: less expensive homes
- Palestine, TX: less expensive homes
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