1-Bedroom Apartment Rent in Sheridan, WY
Median asking rent for a 1-bedroom apartment in Sheridan, Wyoming as of June 2026. That's +42% lower than the citywide median of $1,423 and +41% below the national 1-bedroom median of $1,395.
Income needed for a 1-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 1-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 1-bedroom in Wyoming
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Lander | $760 |
| 2 | Cody | $790 |
| 3 | Laramie | $805 |
| 4 | Rawlins | $820 |
| 5 | Rock Springs | $820 |
| 6 | Sheridan (this page) | $830 |
| 7 | Green River | $840 |
| 8 | Gillette | $885 |
| 9 | Casper | $910 |
| 10 | Cheyenne | $913 |
Most expensive cities for a 1-bedroom in Wyoming
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Cheyenne | $913 |
| 2 | Casper | $910 |
| 3 | Gillette | $885 |
| 4 | Green River | $840 |
| 5 | Sheridan (this page) | $830 |
| 6 | Rock Springs | $820 |
| 7 | Rawlins | $820 |
| 8 | Laramie | $805 |
| 9 | Cody | $790 |
| 10 | Lander | $760 |
Nearby cities — 1-bedroom rent
Most nearby cities have similar or higher 1-bedroom rents than Sheridan.
| City | Distance | 1-Bedroom rent | vs Sheridan |
|---|---|---|---|
| Gillette, WY | 93.6 mi | $885 | +$55 (+7%) |
| Billings, MT | 134.2 mi | $1,125 | +$295 (+36%) |
| Casper, WY | 136.1 mi | $910 | +$80 (+10%) |
| Laurel, MT | 141.4 mi | $1,040 | +$210 (+25%) |
1-Bedroom rent in Sheridan — common questions
How much is a 1-bedroom apartment in Sheridan?
As of June 2026, the median 1-bedroom apartment rent in Sheridan, Wyoming is $830 per month. This is +42% below the citywide median of $1,423.
What income do you need to afford a 1-bedroom in Sheridan?
Using the standard 30% rent-to-income rule, you would need an annual income of about $33,200 ($2,767/month gross), which works out to roughly $15.96/hour at a full-time job.
Is Sheridan expensive for a 1-bedroom compared to the rest of the US?
Sheridan's 1-bedroom median of $830 is +41% below the national 1-bedroom median of $1,395. It ranks in the 7th percentile of US cities tracked.
How does Sheridan rank for 1-bedroom rent in Wyoming?
Among the 10 cities in Wyoming with 1-bedroom data, Sheridan ranks #6 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Sheridan?
Most nearby cities have similar or higher 1-bedroom rents than Sheridan.