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Rental Market Trends in Sheridan, CO

Updated July 2026

The average rent in Sheridan, CO is $1,500/month.

Rent in Sheridan is roughly equal to the national average rent of of $1,663/month.

$1,500/month

Average Rent

761 Sq Ft

Average Size

-8.3%

Change / Year

316

Available Apartments

Sheridan rent varies by unit size and layout:

  • Studio apartments in Sheridan average per month.
  • One-bedroom apartments in Sheridan average $1,500 per month.
  • Two-bedroom apartments in Sheridan average $1,746 per month.
  • Three-bedroom apartments in Sheridan average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,500/month
761 Sq Ft
Two Bedroom
$1,746/month
1,026 Sq Ft
View Sheridan Apartments

How much has average rent changed in Sheridan, CO?

In the past year, rent has decreased by 8.3%, which averages out to $124 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Sheridan, CO

July 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Sheridan, CO
Percentage*
Rent Range
0% Below $700/month
33% $700 - $1,000/month
0% $1,001 - $1,500/month
67% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Sheridan, CO?

Because the average rent in Sheridan is $1,500, you’ll want to make about $5,000 per month or $60,000 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Sheridan, CO

316 Available Apartments for Rent

Search for Nearby Apartments

How does Sheridan, CO compare to other nearby cities and neighborhoods?

Use the tool below to compare Sheridan, CO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Sheridan Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Englewood

    Englewood

  • Littleton

    Littleton

  • Greenwood Village

    Greenwood Village

  • Glendale

    Glendale

  • Lakewood

    Lakewood

Apartment Communities in Sheridan We Think You'll Love

Oxford Vista

Oxford Vista

4201 S Navajo St,
Englewood, CO 80110

Studio - 2 Beds | $1,498 - $2,964

Arden Englewood

Arden Englewood

3595 S Jason St,
Englewood, CO 80110

Studio - 3 Beds | $1,544 - $2,920

Sorella at Loretto Heights

Sorella at Loretto Heights

3000 W Bates Ave,
Denver, CO 80236

Studio - 3 Beds | $1,268 - $3,321

Summit Riverside

Summit Riverside

4957 S Prince Ct,
Littleton, CO 80123

Studio - 2 Beds | $1,449 - $2,344

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Frequently Asked Questions

What is the average rent in Sheridan?

The average rent in Sheridan is $1,500 per month, which is 9.8% lower than the national average of $1,663.

Are rents going up or down in Sheridan?

Rents in Sheridan, CO are decreasing, with prices down 8.3% year-over-year and $124 less per month.

What rent range is most common in Sheridan?

In Sheridan, CO, 67% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States Colorado Sheridan Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity