Performance indicators for the Sheridan short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Sheridan.
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Generally Investor friendly
STRs are allowed as a home‑based business with no city‑specific fees or caps, and the city tone is permissive; however, ADU STRs require owner occupancy and only one STR license may be issued per lot, plus standard permitting/inspection costs add modest burden.
Local STR Agent
STR specialist · Sheridan, WY
Sheridan is a city in the U.S. state of Wyoming and the county seat of Sheridan County. The city is located halfway between Yellowstone Park and Mount Rushmore by U.S. Route 14 and 16. It is the principal town of the Sheridan, Wyoming, Micropolitan Statistical Area which encompasses all of Sheridan County. The 2020 census put the city's population at 18,737, making it the 6th most populous city in Wyoming.