4+ Bedroom Apartment Rent in Sheridan, IN
Median asking rent for a 4+ bedroom apartment in Sheridan, Indiana as of March 2026. That's +32% higher than the citywide median of $1,450 and +24% below the national 4+ bedroom median of $2,520.
Income needed for a 4+ bedroom in Sheridan
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 4+ bedroom at the current median rent.
Rent by apartment size in Sheridan
Compare Sheridan's median rent across every apartment size.
Cheapest cities for a 4+ bedroom in Indiana
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | East Chicago | $1,230 |
| 2 | Logansport | $1,230 |
| 3 | New Castle | $1,250 |
| 4 | Angola | $1,290 |
| 5 | Richmond | $1,350 |
| 6 | Crawfordsville | $1,354 |
| 7 | Marion | $1,370 |
| 8 | La Porte | $1,394 |
| 9 | Kokomo | $1,395 |
| 10 | Elkhart | $1,400 |
| 11 | Terre Haute | $1,430 |
| 12 | Mishawaka | $1,440 |
| 13 | Delphi | $1,450 |
| 14 | Goshen | $1,460 |
| 15 | Muncie | $1,485 |
Most expensive cities for a 4+ bedroom in Indiana
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Zionsville | $2,960 |
| 2 | Whitestown | $2,830 |
| 3 | Carmel | $2,820 |
| 4 | McCordsville | $2,560 |
| 5 | Lawrence | $2,560 |
| 6 | Avon | $2,530 |
| 7 | Westfield | $2,500 |
| 8 | Fishers | $2,480 |
| 9 | Brownsburg | $2,390 |
| 10 | Noblesville | $2,235 |
| 11 | Sellersburg | $2,180 |
| 12 | Plainfield | $2,180 |
| 13 | Greenwood | $2,160 |
| 14 | Indianapolis | $2,143 |
| 15 | Granger | $2,040 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 4+ bedroom rents than Sheridan.
| City | Distance | 4+ Bedroom rent | vs Sheridan |
|---|---|---|---|
| Westfield, IN | 8.2 mi | $2,500 | +$580 (+30%) |
| Whitestown, IN | 10.8 mi | $2,830 | +$910 (+47%) |
| Carmel, IN | 14.2 mi | $2,820 | +$900 (+47%) |
| Lebanon, IN | 17.1 mi | $1,920 | — |
| Noblesville, IN | 17.5 mi | $2,235 | +$315 (+16%) |
| Frankfort, IN | 21.3 mi | $1,920 | — |
| Brownsburg, IN | 21.7 mi | $2,390 | +$470 (+24%) |
| Speedway, IN | 23.8 mi | $1,920 | — |
| Lawrence, IN | 24.1 mi | $2,560 | +$640 (+33%) |
| Fishers, IN | 24.1 mi | $2,480 | +$560 (+29%) |
| Indianapolis, IN | 24.6 mi | $2,143 | +$223 (+12%) |
| Kokomo, IN | 24.8 mi | $1,395 | $-525 (-27%) |
4+ Bedroom rent in Sheridan — common questions
How much is a 4+ bedroom apartment in Sheridan?
As of March 2026, the median 4+ bedroom apartment rent in Sheridan, Indiana is $1,920 per month. This is +32% higher than the citywide median of $1,450.
What income do you need to afford a 4+ bedroom in Sheridan?
Using the standard 30% rent-to-income rule, you would need an annual income of about $76,800 ($6,400/month gross), which works out to roughly $36.92/hour at a full-time job.
Is Sheridan expensive for a 4+ bedroom compared to the rest of the US?
Sheridan's 4+ bedroom median of $1,920 is +24% below the national 4+ bedroom median of $2,520. It ranks in the 27th percentile of US cities tracked.
How does Sheridan rank for 4+ bedroom rent in Indiana?
Among the 68 cities in Indiana with 4+ bedroom data, Sheridan ranks #50 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Sheridan?
Yes — nearby cities with cheaper 4+ bedroom rents include Kokomo ($1,395).