Special Interest
Housing in Sheridan County
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Sheridan County averages $746/month for a 2‑bedroom in 2024, compared to the Montana median of $1,081 and the national median of $1,413. Local renters spend approximately 22% of household income on rent, below the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Sheridan County FMR Area are $981 for a studio, $998 for 1‑bedroom, $1,309 for 2‑bedroom, $1,821 for 3‑bedroom, and $1,956 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $563 increase for a 2-bedroom in Sheridan County shows a 75% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Sheridan County was 2.6% in 2024, compared to Montana at 3.0% and the national rate of 4.0%.
