Sheridan renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Sheridan is about $1,383 per month. This puts it in the 71st percentile compared to the state average cost of rent, which is $1,638. Households in Sheridan have a median income of $3,839 per month so the average renter in Sheridan is spending roughly 36% of their earnings on housing.
Nationally, and in Sheridan, home values are the data point most closely correlated with the cost of rent. The median price of a home in Sheridan is $301,341 right now, which is lower than cities nearby, meaning that rents in Sheridan also tend to be lower versus these nearby cities.
Higher rent prices are common in the southern parts of Sheridan while lower rent rates are often available in southeastern areas.
Nearby Cities
- Bow Mar, CO: more expensive rent prices
- Columbine Valley, CO: more expensive rent prices
- Littleton, CO: more expensive rent prices
- Englewood, CO: more expensive rent prices
- Cherry Hills Village, CO: more expensive rent prices
- Columbine, CO: more expensive rent prices
- Lakewood, CO: more expensive rent prices
- Glendale, CO: less expensive rent prices
- Dakota Ridge, CO: more expensive rent prices
- Denver, CO: more expensive rent prices
Cities with Similar Populations
- Cornwall, NY: more expensive rent prices
- Macon, MS: less expensive rent prices
- Forks, WA: less expensive rent prices
- Greenback, TN: less expensive rent prices
- Lake Los Angeles, CA: less expensive rent prices
- Weldon Spring, MO: more expensive rent prices
- Cross Plains, WI: less expensive rent prices
- Farmers Loop, AK: more expensive rent prices
- Fayetteville, WV: less expensive rent prices
- Snow Camp, NC: less expensive rent prices
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