What's the average rent in Sheridan, WY?

Rental Market Trends in Sheridan, WY

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Sheridan, WY is $1,625 per month, which is 17% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,625

-1.5%-$25 decrease month-over-month

-3.0%-$50 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$2,580

HOUSES

$2,275

TOWNHOUSES

$1,750

As of June 2026, townhomes are the most affordable rental option in Sheridan, WY at $1,750 per month, while apartments are the most expensive at $2,580 per month. Houses average $2,275 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,625
3 Bedrooms	$2,250
4 Bedrooms	$2,500
All	$1,625

As of June 2026, the average rent for a 1 bedroom rental in Sheridan, WY is $1,400 per month, followed by $1,625 for a 2 bedroom rental, $2,250 for a 3 bedroom rental, and $2,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,750
2 Bedrooms	—
3 Bedrooms	$1,600
4 Bedrooms	—
All	$1,750

As of June 2026, the average rent for a 1 bedroom townhome in Sheridan, WY is $1,750 per month, followed by $1,600 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$800
2 Bedrooms	$1,625
3 Bedrooms	$2,250
4 Bedrooms	$2,500
All	$1,600

As of June 2026, the average rent for a 1 bedroom apartment in Sheridan, WY is $800 per month, followed by $1,625 for a 2 bedroom apartment, $2,250 for a 3 bedroom apartment, and $2,500 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,375
3 Bedrooms	$2,500
4 Bedrooms	$3,000
All	$2,275

As of June 2026, the average rent for a 2 bedroom house in Sheridan, WY is $1,375 per month, followed by $2,500 for a 3 bedroom house, and $3,000 for a 4 bedroom house.