States › Oregon › Sheridan

Is Sheridan, OR expensive to live in?

OKRent takes 29 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8666% higher than U.S. average
💵 Families earn per year (2026)$76,342about $6,362/month · 12% lower than U.S. average
🔑 House price$328,8001% lower than U.S. average

Rent is higher than in 61% of U.S. cities. A typical house costs about 4.3 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $74,640 a year. That is $36 an hour at a full-time job.

Is rent cheaper than other Oregon cities?

No. Rent here is more expensive than in most of Oregon. It is number 60 of 105 cities from cheapest to most expensive.

Sheridan
$1,866
Warrenton
$1,384
Talent
$1,915
West Slope
$2,048
Brookings
$1,654
Raleigh Hills
$1,773
Deschutes River Woods
$2,037

How much do households earn in Sheridan?

Under $25k
13.4%
$25k–50k
21.5%
$50k–100k
40.4%
$100k–150k
12.3%
$150k+
8.2%

Share of households by yearly income. 20.4% of households earn $100,000 or more.

Rent by apartment size in Sheridan

SizeSheridanU.S. average
Studio$904$1,338
1 bedroom$1,007$1,324
2 bedrooms$1,396$1,509
3 bedrooms$1,671$1,698
4 bedrooms$1,927$2,098

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

How expensive is Sheridan overall?

Everyday prices in Oregon overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
109
Goods (food, clothes…)
105
Utilities
107
Other services
100
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 Oregon figure is shown.

Taxes and bills in Sheridan

🏛️ Property tax$2,306a year · 0.70% of home value · U.S. $3,119
⚡ Electric bill$149a month (typical) · U.S. $156

Life in Sheridan

Commute to work28.1 minU.S.: 26.4 min
College degree13%U.S.: 35.7%
Own their home60.6%U.S.: 65.2%
Below poverty line12%U.S.: 12.5%
Unemployment7%U.S.: 5.2%

Is it cheaper to rent or buy in Sheridan?

Renting is cheaper right now: about $415 a month less.

Renting
$1,866
Owning
$2,281

Owning assumes a typical $328,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $32,880 for the down payment.

Frequently asked questions

What is the average rent in Sheridan, OR?

Renting in Sheridan costs a median of about $1,866 a month in 2026, including utilities. The Oregon median is $1,811.

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

To keep rent under 30% of income, you need about $74,640 a year, or $36 an hour at a full-time job.

Is Sheridan cheap or expensive?

Sheridan is rated OK: rent takes 29.3% of the typical household income of $76,342. It ranks 60th cheapest of 105 Oregon cities we track.

How much are property taxes in Sheridan?

The median homeowner in Sheridan pays $2,306 a year in property taxes, about 0.70% of the median home value.

Is Sheridan more expensive than the national average?

Overall prices in Oregon are 3% above 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 $328,800, about 4.3 times the typical yearly household income.

6,339 people live in Sheridan. Numbers are typical (middle) values.