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Sheridan County Housing Market

Montana · 56 counties · Ranked #463 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$111,600

vs national$111,600 vs $281,900 national

Median Gross Rent

$749/mo

vs national$749 vs $1,163 national

Effective Tax Rate

1.29%

vs national+1.29% vs 1.02% national

Median Household Income

$63,654

vs national$63,654 vs $74,755 national

Affordability Ratio

1.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,436

Tax as % of Home Value

1.29%

Monthly Owner Cost

$706

Renter Income

$40,750

Frequently Asked Questions

What is the median home value in Sheridan County?
The median home value in Sheridan County is $111,600. This is below the national median of $281,900.
How much is rent in Sheridan County?
The median gross rent in Sheridan County is $749 per month.
What is the property tax rate in Sheridan County?
The effective property tax rate in Sheridan County is 1.29%. The median annual property tax bill is $1,436.
Is Sheridan County affordable?
With a home-value-to-income ratio of 1.8x, Sheridan County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.