ZIP Code · WY

ZIP 82801

Part of Sheridan, WY

Pop. 26,310·Sheridan County·2nd most expensive ZIP in Wyoming

Median rent (all units)

$1,635/mo

Year-over-Year

Stable

Month-over-Month

+1.9%

vs US Median

-$297

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 82801 · $1,635

More affordable than 63% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$850

1 BR

$850

2 BR

$1,120

3 BR

$1,340

4 BR+

$1,880

Research median

$1,120/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($73,213) is $1,830 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,340); a 4-bedroom is $1,880.

From Zillow's monthly rent index (ZORI) for ZIP 82801. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,620/yr

At $1,635/mo median

Location

CitySheridan

StateWY

CountySheridan County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +1.9% MoM), not inventory.

Demographics

Who lives here

ZIP 82801 (Sheridan, WY) is majority owner-occupied, has a large retiree population, 30.7% of residents hold a bachelor's degree or higher.

Population

26,310

Median income

$73,213

Median age

41.7

Renters

31.4%

Age distribution

21.2%

19.7%

24.6%

13.6%

20.9%

Under 1821.2%

18–3419.7%

35–5424.6%

55–6413.6%

65+20.9%

Gender

49.9%

50.1%

Male49.9%

Female50.1%

Race & ethnicity

90.2%

White90.2%

Black0.8%

Hispanic5.6%

Asian1.1%

Other2.3%

Education (25+)

30.9%

34.5%

30.7%

No HS diploma3.9%

HS diploma30.9%

Some college34.5%

Bachelor's+30.7%

Housing tenure

68.6%

31.4%

Owner68.6%

Renter31.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 82801 in Sheridan, WY has changed in 5 years

Income

$59,916 → $73,213

up 22.2%

Population

25,342 → 26,310

up 3.8%

Renter share

33.7% → 31.4%

-2.3 pts

Bachelor's+

32% → 30.7%

-1.3 pts

Household income in the area moved from $59,916 to $73,213 across the same window, up 22.2% versus 2021. The population has grown by 3.8% since 2021, moving from about 25,342 residents to roughly 26,310. Renters now make up 31.4% of households, compared with 33.7% five years ago.

Community

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Local insights

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About renting in ZIP 82801

Last updated: October 17, 2026

ZIP code 82801 covers Sheridan, WY. The median rent here is $1,635/mo as of October 2026. A 1-bedroom rents for a median of $850/mo. A 2-bedroom rents for a median of $1,120/mo.

At 27% of local median household income ($73,213/yr), ZIP 82801 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 82801?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (about $31/hour full-time) to afford the median rent of $1,635/mo in ZIP 82801. The local median household income is $73,213/yr, so the typical household meets that bar.