Affordable & Income-Based Housing in Sheridan

Affordability in Sheridan, WY

According to Census ACS 5-Year data (as of 2024), the median monthly rent in Sheridan is $936 and the median household income is $62,867. About 38% of residents rent their homes, reflecting a mix of owners and renters in the city.

Sheridan has 6 HUD-assisted or income-restricted properties with 262 total units, offering options for renters who qualify for affordable housing programs.

Safety

According to FBI Crime Data Explorer, the Sheridan Police Department reported a violent crime rate of 136 per 100,000 residents in 2024. Crime rates vary based on local reporting practices and population size, so they are not directly comparable across cities.

Getting Around Sheridan

According to Walk Score, the area around assisted properties in Sheridan earns a Walk Score of 77 (Very Walkable) and a Bike Score of 47. No Transit Score is available, which is typical for smaller Wyoming cities where a personal vehicle remains helpful for many trips.

Schools

Sheridan is served by 11 schools across 3 districts, including 5 elementary, 2 middle, and 4 high schools, according to NCES Common Core of Data. Ratings and offerings vary by school and district, so renters should check which schools are assigned to a specific address before signing a lease.

Cost of Living in Sheridan, WY

The median household income in Sheridan is $62,867 per year, according to the Census ACS 5-Year estimate. The median gross rent citywide is $936 per month, according to the same source.

Income-based and HUD-assisted housing in Sheridan is designed for renters whose income falls below area limits, which can make a meaningful difference in monthly housing costs compared to market-rate units.

• Median household income: $62,867/year (Census ACS 5-Year)
• Median gross rent: $936/month (Census ACS 5-Year)
• Renter households: 38% of occupied units (Census ACS 5-Year)

Environmental Risk

All 6 HUD-assisted properties in Sheridan have been mapped for flood zone exposure, and none fall within a high-risk flood zone -- a reassuringly low level of flood exposure for renters in this city.