What's the average rent in Sheridan, WY?

Rental Market Trends in Sheridan, WY

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Sheridan, WY is $1,695 per month, which is 14% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,695

-0.3%-$5 decrease month-over-month

-19.3%-$405 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,232

HOUSES

$2,400

TOWNHOUSES

$1,999

As of August 2026, apartments are the most affordable rental option in Sheridan, WY at $1,232 per month, while houses are the most expensive at $2,400 per month. Townhomes average $1,999 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,164
2 Bedrooms	$1,675
3 Bedrooms	$2,250
4 Bedrooms	$2,000
All	$1,695

As of August 2026, the average rent for a 1 bedroom rental in Sheridan, WY is $1,164 per month, followed by $1,675 for a 2 bedroom rental, $2,250 for a 3 bedroom rental, and $2,000 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,600
2 Bedrooms	—
3 Bedrooms	$1,999
4 Bedrooms	—
All	$1,999

As of August 2026, the average rent for a 1 bedroom townhome in Sheridan, WY is $1,600 per month, followed by $1,999 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$850
2 Bedrooms	$1,675
3 Bedrooms	$1,695
4 Bedrooms	$2,500
All	$1,300

As of August 2026, the average rent for a 1 bedroom apartment in Sheridan, WY is $850 per month, followed by $1,675 for a 2 bedroom apartment, $1,695 for a 3 bedroom apartment, and $2,500 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,100
3 Bedrooms	$2,500
4 Bedrooms	$2,000
All	$2,400

As of August 2026, the average rent for a 2 bedroom house in Sheridan, WY is $2,100 per month, followed by $2,500 for a 3 bedroom house, and $2,000 for a 4 bedroom house.