Rent in Sheridan County, WY at a glance
2-bedroom rent (HUD)
$1,129$13,548 a year · HUD fiscal year 2026From October 1, 2026: $1,168 (+3.5%)How much rent can you afford in Sheridan County, WY?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Sheridan County, WY by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $855 | $10,260 | $34,200 | $16.44/hr |
| 1 bedroom | $860 | $10,320 | $34,400 | $16.54/hr |
| 2 bedroomsMost searched | $1,129 | $13,548 | $45,160 | $21.71/hr |
| 3 bedrooms | $1,354 | $16,248 | $54,160 | $26.04/hr |
| 4 bedrooms | $1,891 | $22,692 | $75,640 | $36.37/hr |
Cost of living in Sheridan County, WY: income, prices and a budget →
Living and working in Sheridan County, WY
Rent in Sheridan County, WY: common questions
How much is rent going up in Sheridan County, WY in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,168 for a two-bedroom, up 3.5% from $1,129. A one-bedroom goes from $860 to $893, a studio from $855 to $887.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Sheridan County, WY?
HUD's Fair Market Rent for 2026 is $860 for a one-bedroom and $1,129 for a two-bedroom, utilities included. That is $13,548 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Sheridan County, WY?
To keep a $1,129 two-bedroom at 30% of gross pay, one full-time worker needs $21.71 an hour, or $45,160 a year. A one-bedroom at $860 takes $16.54 an hour.
How much is a 1, 2 or 3-bedroom apartment in Sheridan County, WY?
At HUD's 2026 Fair Market Rent: studio $855, one bedroom $860, two $1,129, three $1,354 and four $1,891 a month.
Is rent affordable in Sheridan County, WY?
For the typical household, earning $71,388 a year ($5,949 a month, Census ACS), a two-bedroom at $1,129 takes 19% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,129 × 12) ÷ 0.30 = $45,160. Divided by 2,080 working hours, that is $21.71 an hour.