salaryRent is higher than in 56% of U.S. cities. A typical house costs about 5.3 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $70,800 a year. That is $34 an hour at a full-time job.
Is rent cheaper than other Colorado cities?
Yes. Rent here is cheaper than in most of Colorado. It is number 29 of 112 cities from cheapest to most expensive.
How much do households earn in Sherrelwood?
Share of households by yearly income. 25.7% of households earn $100,000 or more.
Rent by apartment size in Sherrelwood
| Size | Sherrelwood | U.S. average |
|---|---|---|
| Studio | $1,416 | $1,338 |
| 1 bedroom | $1,509 | $1,324 |
| 2 bedrooms | $1,882 | $1,509 |
| 3 bedrooms | $1,988 | $1,698 |
| 4 bedrooms | $2,542 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Sherrelwood overall?
Everyday prices in Colorado overall are 3% above the U.S. average (index 103.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Sherrelwood, so the Colorado figure is shown.
Taxes and bills in Sherrelwood
Life in Sherrelwood
Is it cheaper to rent or buy in Sherrelwood?
Renting is cheaper right now: about $1,229 a month less.
Owning assumes a typical $432,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $43,220 for the down payment.
Frequently asked questions
What is the average rent in Sherrelwood, CO?
Renting in Sherrelwood costs a median of about $1,770 a month in 2026, including utilities. The Colorado median is $2,080.
How much do I need to make to live in Sherrelwood?
To keep rent under 30% of income, you need about $70,800 a year, or $34 an hour at a full-time job.
Is Sherrelwood cheap or expensive?
Sherrelwood is rated OK: rent takes 26.1% of the typical household income of $81,240. It ranks 29th cheapest of 112 Colorado cities we track.
How much are property taxes in Sherrelwood?
The median homeowner in Sherrelwood pays $2,519 a year in property taxes, about 0.58% of the median home value.
Is Sherrelwood more expensive than the national average?
Overall prices in Colorado are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Sherrelwood?
The median home value in Sherrelwood is $432,200, about 5.3 times the typical yearly household income.
18,692 people live in Sherrelwood. Numbers are typical (middle) values.