FY2026 Fair Market Rents — Sheridan County
Studio
$855
1BR
$860
2BR
$1,129
3BR
$1,354
4BR
$1,891
Sheridan County, Wyoming
FIPS 56033 · County-level FMR and income limit data
FMR Area: Sheridan County, WY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $855 | $10,260 |
| 1-Bedroom | $860 | $10,320 |
| 2-Bedroom | $1,129 | $13,548 |
| 3-Bedroom | $1,354 | $16,248 |
| 4-Bedroom | $1,891 | $22,692 |
To afford the FY2026 2-bedroom FMR of $1,129/mo under the 30%-of-income rule, a household needs about
$45,160/yr ($3,763/mo). Area Median Income is $100,200.
At WY's federal minimum wage of $7.25/hr, a worker would need to work 120 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $855 | $860 | $1,129 | $1,354 | $1,891 |
| FY2025 | $831 | $836 | $1,097 | $1,322 | $1,712 |
| FY2024 | $875 | $876 | $1,145 | $1,384 | $1,802 |
| FY2023 | $736 | $762 | $963 | $1,217 | $1,602 |
| FY2022 | $703 | $707 | $893 | $1,130 | $1,528 |
| FY2021 | $675 | $689 | $866 | $1,132 | $1,499 |
| FY2020 | $651 | $703 | $871 | $1,101 | $1,529 |
FY2026 Income Limits
Area Median Income: $100,200
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,600 | $24,650 | $27,750 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $35,950 | $41,050 | $46,200 | $51,300 | $55,450 | $59,550 |
| 80% AMI | $57,500 | $65,700 | $73,950 | $82,100 | $88,700 | $95,250 |