What's the average rent in Sheridan, WY?
Rental Market Trends in Sheridan, WY
Choose another city
SOURCE: TRULIA DATA
Rental market highlights
As of September 2026, the average rent in Sheridan, WY is $1,700 per month, which is 13% lower than the national average rent of $1,948 per month.
AVERAGE RENT
$1,700
-19.0%-$400 decrease month-over-month
-2.9%-$50 decrease year-over-year
AVAILABLE RENTALS
23
APARTMENTS
HOUSES
TOWNHOUSES
As of September 2026, apartments are the most affordable rental option in Sheridan, WY at $1,403 per month, while houses are the most expensive at $2,150 per month. Townhomes average $1,650 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,300 |
| 2 Bedrooms | $1,700 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | $2,195 |
| All | $1,700 |
As of September 2026, the average rent for a 1 bedroom rental in Sheridan, WY is $1,300 per month, followed by $1,700 for a 2 bedroom rental, $2,500 for a 3 bedroom rental, and $2,195 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,650 |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $1,600 |
| 4 Bedrooms | — |
| All | $1,650 |
As of September 2026, the average rent for a 1 bedroom townhome in Sheridan, WY is $1,650 per month, followed by $1,500 for a 2 bedroom townhome, and $1,600 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $700 |
| 2 Bedrooms | $1,450 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | $2,195 |
| All | $1,450 |
As of September 2026, the average rent for a 1 bedroom apartment in Sheridan, WY is $700 per month, followed by $1,450 for a 2 bedroom apartment, $2,500 for a 3 bedroom apartment, and $2,195 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,300 |
| 2 Bedrooms | $1,800 |
| 3 Bedrooms | $3,053 |
| 4 Bedrooms | — |
| All | $2,150 |
As of September 2026, the average rent for a 1 bedroom house in Sheridan, WY is $1,300 per month, followed by $1,800 for a 2 bedroom house, and $3,053 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +11% compared to the previous year, which is a +$200 increase.
This year (2026)
Last year (2025)
Rent distribution
34% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $800 to $4,800.