States › Arkansas › Sheridan

Is Sheridan, AR expensive to live in?

OKRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,12536% lower than U.S. average
💵 Families earn per year (2026)$67,356about $5,613/month · 23% lower than U.S. average
🔑 House price$187,70044% lower than U.S. average

Rent is lower than in 80% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $45,000 a year. That is $22 an hour at a full-time job.

Is rent cheaper than other Arkansas cities?

No. Rent here is more expensive than in most of Arkansas. It is number 42 of 71 cities from cheapest to most expensive.

Sheridan
$1,125
Cherokee Village
$810
Barling
$1,187
Warren
$741
Walnut Ridge
$618
White Hall
$1,036
Mena
$672

How much do households earn in Sheridan?

Under $25k
33.1%
$25k–50k
10.9%
$50k–100k
42.2%
$100k–150k
8.0%
$150k+
3.8%

Share of households by yearly income. 11.8% of households earn $100,000 or more.

Rent by apartment size in Sheridan

SizeSheridanU.S. average
1 bedroom$700$1,324
2 bedrooms$875$1,509
3 bedrooms$881$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Sheridan overall?

Everyday prices in Arkansas overall are 13% below the U.S. average (index 86.9, U.S. = 100).

Housing
58
Goods (food, clothes…)
94
Utilities
75
Other services
95
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Sheridan, so the Arkansas figure is shown.

Taxes and bills in Sheridan

🏛️ Property tax$999a year · 0.53% of home value · U.S. $3,119
⚡ Electric bill$140a month (typical) · U.S. $156

Life in Sheridan

Commute to work27.2 minU.S.: 26.4 min
College degree23.1%U.S.: 35.7%
Own their home66.1%U.S.: 65.2%
Below poverty line19.9%U.S.: 12.5%
Unemployment5.9%U.S.: 5.2%

Is it cheaper to rent or buy in Sheridan?

Renting is cheaper right now: about $177 a month less.

Renting
$1,125
Owning
$1,302

Owning assumes a typical $187,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,770 for the down payment.

Frequently asked questions

What is the average rent in Sheridan, AR?

Renting in Sheridan costs a median of about $1,125 a month in 2026, including utilities. The Arkansas median is $1,068.

How much do I need to make to live in Sheridan?

To keep rent under 30% of income, you need about $45,000 a year, or $22 an hour at a full-time job.

Is Sheridan cheap or expensive?

Sheridan is rated OK: rent takes 20.0% of the typical household income of $67,356. It ranks 42nd cheapest of 71 Arkansas cities we track.

How much are property taxes in Sheridan?

The median homeowner in Sheridan pays $999 a year in property taxes, about 0.53% of the median home value.

Is Sheridan more expensive than the national average?

Overall prices in Arkansas are 13% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Sheridan?

The median home value in Sheridan is $187,700, about 2.8 times the typical yearly household income.

5,165 people live in Sheridan. Numbers are typical (middle) values.