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RE Intelligence

Rental numbers for Sheridan County, WY

The typical home here runs -$1,800 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.2%.

Gross yield
4.2%
typical home, Zillow
Median ZIP yield
4.2%
1 ZIPs with full data
Cash flow
-$1,800/mo
at 7.78%, 25% down
Typical price
$447,000
Zillow ZHVI, Aug 2026
Typical rent
$1,570/mo
Zillow ZORI, Aug 2026

ZIP codes in Sheridan County

8 with published figures

82801Sheridan$435,000$1,5174.2%1.6%-$1,767n/a
82839Ranchester$411,000$1,010*2.9%0.4%-$2,069n/a
82842Sheridan$478,000$1,130*2.8%0.3%-$2,449n/a
82835Clearmont$613,000$1,420*2.8%0.5%-$3,061n/a
82836Dayton$468,000$1,000*2.6%0.2%-$2,460n/a
82832Banner$632,000$1,200*2.3%0.3%-$3,272n/a
82838Parkman$576,000$1,060*2.2%0.3%-$2,946n/a
82833$707,000$1,120*1.9%0.1%-$3,770n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+0.6%
Rent, 12 months
n/a
Rent minus price growth
n/a
Property tax
0.55%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10010511011512012520222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$361,975n/a
Aug 2022$411,061n/a
Aug 2023$419,865n/a
Aug 2024$418,436n/a
Aug 2025$444,249n/a
Aug 2026$447,013$1,570

HUD Fair Market Rent

FY2027, Sheridan County, WY

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$887$893$1,168$1,392$1,952

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
26.5
367 units, last 12 months
National percentile
95th
among US counties

Tools

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Part of the Sheridan, WY metro.

Questions

Is Sheridan County good for rental property?
The typical home here runs -$1,800 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.2%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Sheridan County?
About 0.55% of value, from Census ACS median taxes paid over median home value. On a $447,000 home that is about $2,463 a year.
What is Fair Market Rent in Sheridan County?
HUD's FY2027 Fair Market Rent here is $893 for a 1-bedroom, $1,168 for a 2-bedroom and $1,392 for a 3-bedroom. Typical cash flow at today's rate is -$1,800 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.