2-Bedroom Rent · August 2026

2-Bedroom Apartment Rent in Sheridan, WY

$1,090/mo

Median asking rent for a 2-bedroom apartment in Sheridan, Wyoming as of August 2026. That's +24% lower than the citywide median of $1,440 and +34% below the national 2-bedroom median of $1,655.

2-Bedroom median
$1,090
August 2026
vs city overall
-24%
$1,440 city median
vs national
-34%
$1,655 US median
Wyoming rank
#9
of 11 cities

Income needed for a 2-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 2-bedroom at the current median rent.

Annual income
$43,600
Monthly gross
$3,633
Hourly (full-time)
$20.96

Rent by apartment size in Sheridan

Compare Sheridan's median rent across every apartment size.

Studio
$830
1-Bedroom
$830
2-Bedroom (current)
$1,090
3-Bedroom
$1,310
4+ Bedroom
$1,700

Cheapest cities for a 2-bedroom in Wyoming

#City2-Bedroom rent
1Riverton$930
2Rawlins$960
3Laramie$985
4Gillette$1,000
5Lander$1,000
6Rock Springs$1,000
7Cody$1,030
8Green River$1,030
9Sheridan (this page)$1,090
10Casper$1,107
11Cheyenne$1,150

Most expensive cities for a 2-bedroom in Wyoming

#City2-Bedroom rent
1Cheyenne$1,150
2Casper$1,107
3Sheridan (this page)$1,090
4Green River$1,030
5Cody$1,030
6Rock Springs$1,000
7Lander$1,000
8Gillette$1,000
9Laramie$985
10Rawlins$960
11Riverton$930

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 3 of these cities have cheaper 2-bedroom rents than Sheridan.

CityDistance2-Bedroom rentvs Sheridan
Gillette, WY93.6 mi$1,000$-90 (-8%)
Miles City, MT124.6 mi$808$-282 (-26%)
Billings, MT134.2 mi$1,453+$363 (+33%)
Casper, WY136.1 mi$1,107+$17 (+2%)
Laurel, MT141.4 mi$1,350+$260 (+24%)
Riverton, WY156.7 mi$930$-160 (-15%)

2-Bedroom rent in Sheridan — common questions

How much is a 2-bedroom apartment in Sheridan?

As of August 2026, the median 2-bedroom apartment rent in Sheridan, Wyoming is $1,090 per month. This is +24% below the citywide median of $1,440.

What income do you need to afford a 2-bedroom in Sheridan?

Using the standard 30% rent-to-income rule, you would need an annual income of about $43,600 ($3,633/month gross), which works out to roughly $20.96/hour at a full-time job.

Is Sheridan expensive for a 2-bedroom compared to the rest of the US?

Sheridan's 2-bedroom median of $1,090 is +34% below the national 2-bedroom median of $1,655. It ranks in the 11th percentile of US cities tracked.

How does Sheridan rank for 2-bedroom rent in Wyoming?

Among the 11 cities in Wyoming with 2-bedroom data, Sheridan ranks #9 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Sheridan?

Yes — nearby cities with cheaper 2-bedroom rents include Gillette ($1,000), Miles City ($808), Riverton ($930).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Sheridan, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.