Can A Carpenter Afford Rent in Sheridan, WY?
Comfortably affordable — rent takes 29.8% of gross income.
Sheridan rent: May 2026. Salary: BLS OEWS May 2024 (Wyoming state estimate).
About rent and a carpenter salary
Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.
Cheaper rent nearby
These Wyoming cities have lower median rent than Sheridan, which improves the affordability math on a carpenter salary:
Compare with full rent data for Sheridan
View full rent data for Sheridan, WY →Frequently asked questions
Can a carpenter afford rent in Sheridan, WY?
Median rent in Sheridan is $1,423 a month. A typical carpenter in Wyoming earns about $57,284 a year, which makes that rent 29.8% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a carpenter afford in Sheridan?
Using the 30% rule, a carpenter salary in Wyoming (~$57,284/yr) supports up to $1,432 a month in rent. Sheridan's current median rent is $1,423/mo, which leaves a $9/mo buffer.
How many hours does a carpenter work to cover rent in Sheridan?
At an hourly equivalent of about $28 an hour, a carpenter in Wyoming works roughly 51.7 hours a month to cover Sheridan's median rent of $1,423.
Where is rent cheaper than Sheridan for a carpenter?
Nearby Wyoming cities with lower median rent include Casper ($1,410/mo), Casper ($1,363/mo), Cody ($1,355/mo). Each shifts the affordability math materially on a carpenter salary.