Wyoming · FIPS 56033 · HUD FY 2027
Sheridan County, Wyoming Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Sheridan County is $1,168 a month (rent plus utilities), 7% above the Wyoming average of $1,094 and 34% below the U.S. average of $1,761. That is up $39 (3.5%) from FY 2026. At 30% of income, a household needs about $46,720 a year to afford it.
- $1,1682-bedroom FMR+$39 (+3.5%) vs FY 2026
- $8931-bedroom FMRWyoming: $865 · U.S.: $1,478
- $46,720Income for a 2-bedroom$22/hour full-time
- 4 of 232BR rank in Wyoming1 = highest rent
| Unit | Sheridan County FY 2027 | FY 2026 | Change | Wyoming avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $887 | $855 | +$32 (+3.7%) | $810 | $1,379 | $35,480 |
| 1 bedroom | $893 | $860 | +$33 (+3.8%) | $865 | $1,478 | $35,720 |
| 2 bedrooms | $1,168 | $1,129 | +$39 (+3.5%) | $1,094 | $1,761 | $46,720 |
| 3 bedrooms | $1,392 | $1,354 | +$38 (+2.8%) | $1,478 | $2,266 | $55,680 |
| 4 bedrooms | $1,952 | $1,891 | +$61 (+3.2%) | $1,813 | $2,607 | $78,080 |
How Sheridan County compares
- Sheridan County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Wyoming, 2-bedroom FMRs run from $999 (Washakie County) to $1,683 (Teton County).
- Studio to 4-bedroom: $887, $893, $1,168, $1,392, $1,952. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 11 ZIP codes mostly in Sheridan County (by land area), the 2-bedroom figure ranges from $1,020 to $1,380.
Small Area FMRs by ZIP code in Sheridan County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 82801 | $880 | $890 | $1,160 | $1,380 | $1,940 | +$40 (+3.6%) | 1% below |
| 82832 | $930 | $940 | $1,230 | $1,470 | $2,050 | +$30 (+2.5%) | 5% above |
| 82833 | $890 | $900 | $1,170 | $1,400 | $1,950 | +$50 (+4.5%) | about the same as |
| 82835 | $1,050 | $1,050 | $1,380 | $1,640 | $2,310 | −$40 (−2.8%) | 18% above |
| 82836 | $770 | $780 | $1,020 | $1,220 | $1,710 | +$20 (+2.0%) | 13% below |
| 82837 | $1,050 | $1,050 | $1,380 | $1,640 | $2,310 | −$40 (−2.8%) | 18% above |
| 82838 | $830 | $830 | $1,090 | $1,360 | $1,820 | +$30 (+2.8%) | 7% below |
| 82839 | $840 | $850 | $1,110 | $1,320 | $1,860 | +$100 (+9.9%) | 5% below |
| 82842 | $890 | $890 | $1,170 | $1,390 | $1,960 | +$40 (+3.5%) | about the same as |
| 82844 | $840 | $850 | $1,110 | $1,320 | $1,860 | +$60 (+5.7%) | 5% below |
| 82845 | $930 | $940 | $1,230 | $1,460 | $2,050 | +$20 (+1.7%) | 5% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.