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Discover affordable housing in Sheridan where there are 20+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.
600 W 10th St, Sheridan, Wyoming 82801
bed1-4
1120 Mydland Rd, Sheridan, Wyoming 82801
bed2-3
payment$720-795/mo.
1735 S Sheridan Ave, Sheridan, Wyoming 82801
2076 S Sheridan Ave, Sheridan, Wyoming 82801
bed2-3
39 East 1st Street, Sheridan, Wyoming 82801
1003 Saberton Ave, Sheridan, Wyoming 82801
1621 Terra Ave, Sheridan, Wyoming 82801
853 Dummick St, Sheridan, Wyoming 0
1917 N Main St, Sheridan, Wyoming 82801
1100 Avoca Ct, Sheridan, Wyoming 82801
1352 Avoca Court, Sheridan, Wyoming 82801
2200 W 5th St, Sheridan, Wyoming 82801
200 Smith St, Sheridan, Wyoming 82801
bed1-2
2438 Town House Pl, Sheridan, Wyoming 82801
140 S Sheridan Ave, Sheridan, Wyoming 82801
428 N Jefferson St, Sheridan, Wyoming 82801
1445 Parker Ave, Sheridan, Wyoming 82801
120 E Montana St, Sheridan, Wyoming 82801
551 Avoca Ave, Sheridan, Wyoming
1129 Avoca Ct, Sheridan, Wyoming 82801
How To Identify Affordable Housing in Sheridan, Wyoming
Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.
| Badge | Description |
|---|---|
| switch_access_shortcutShort Wait | Low income apartments with no or short waiting lists. |
| paymentSubsidized | Low income housing where the rent is subsidized and the renter pays only a portion of total rent. |
| real_estate_agentAccepts Vouchers | Apartments that accept Section 8 vouchers near you |
| elderlySenior | Rental housing for seniors who are 55 (or sometimes 62) and older. |
| paymentIncome Based | Affordable apartments where the rent paid is based on renter income. |
| accessibilityAccessible | Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy. |
| accessible_forwardDisability | Apartments for individuals or families with disabilities. |
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Reported On February 23rd, 2024 byNathan Brunet
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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Sheridan, Wyoming
$21.69/hour
(+199%) more than Wyoming minimum wage and
$14.44(+199%) more than the Federal minimum wage.
Learn More About Sheridan, Wyoming Affordable Housing ↓
What HUD offices serve Sheridan, Wyoming?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Housing Authority of the City of Cheyenne
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Sheridan, Wyoming.
Go to the Wyoming Public Housing and Low-Income Apartments Waiting Lists page for openings near Sheridan.
How many renters live in Sheridan, Wyoming?
The City of Sheridan has people living in households.
There are renters living in renter households in this City. Renters make up 31.59 percent of the population living in Sheridan.
What is the rental market like in Sheridan, Wyoming?
There are an estimated housing units in the Sheridan area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Sheridan, Wyoming, there are 1.04 rental units.
What is the vacancy rate for rentals in Sheridan?
The rental vacancy rate in Sheridan is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Sheridan for each bedroom size?
Occupied Rental Units by Size in Sheridan
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 158 1,124 1,069 804 94 Occupied Rental Units by Size in Sheridan
A large number of apartments in Sheridan have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Sheridan
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $875 to $1,802. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $875 One BR $876 Two BR $1,145 Three BR $1,384 Four BR $1,802 2024 Fair Market Rents in Sheridan, Wyoming
How many units are rented at Fair Market Rent (FMR) in Sheridan?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 103 | 65 percent |
| One BR | 763 | 68 percent |
| Two BR | 608 | 57 percent |
Rental Units Below FMR in Sheridan, Wyoming
How many affordable rental units are in Sheridan?
There are a variety of federal affordable housing programs serving households in Sheridan, Wyoming including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance | |
| Section 202 Supportive Housing for the Elderly | |
| Section 811 Supportive Housing for Persons with Disabilities | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Sheridan, Wyoming
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Sheridan, Wyoming
Sheridan features 419 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Sheridan, Wyoming
There are 304 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sheridan.
Housing Choice Vouchers in Sheridan, Wyoming
On average, Section 8 Housing Choice vouchers pay Sheridan landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Sheridan.
The maximum amount a voucher would pay on behalf of a low-income tenant in Sheridan, Wyoming for a two-bedroom apartment is between $1,031 and $1,260.
Sourced from federal housing data and AffordableHousingOnline.com research.
Affordable Housing Tip
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").
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