Cost of Living in Sheridan County, Kansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Sheridan County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Sheridan County ranks #329 of 3,144 counties for affordability (top 10%)
Data Story
About Cost of Living in Sheridan County, Kansas
Sheridan punches above affordability
Sheridan County's 11.4% rent-to-income ratio beats the national average and sits 3.3 percentage points below Kansas's state average of 14.7%. With a median household income of $70,000—only $4,700 below the national median—Sheridan offers genuinely affordable rental housing.
Among Kansas's most affordable counties
At 11.4%, Sheridan ranks well below the state average of 14.7%, placing it in the top tier of affordability across Kansas. The county's $663 median monthly rent significantly undercuts the state average of $787, making housing accessible.
Lower rent, higher income balance
Sheridan's $663 median rent matches well with Stafford County ($613) and Stanton County ($691), but Sheridan's $70,000 median household income edges out most nearby counties. This combination—modest rents paired with stronger earnings—creates the region's best affordability math.
Housing costs stay modest across tenure
Whether renting at $663 or owning at $761 per month, Sheridan residents spend roughly 11–13% of household income on housing, well below the recommended 30% threshold. The median home value of $152,000 remains accessible on the county's median income.
One of Kansas's best housing deals
Sheridan County delivers rare affordability in Kansas: rents and ownership costs stay low while incomes remain reasonable. If you're relocating to the Great Plains, Sheridan deserves serious consideration for budget-conscious families.
Cost of Living Advisory: Sheridan County
Affordability Verdict
Housing in Sheridan County is affordable. The median rent is $663/month against a median household income of $70,000, putting rent at 11.4% of income.
Rent vs. Own
Renters in Sheridan County pay $663/month on average, compared to $761/month for homeowners. This market favors renters by about 13%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $26,520/year. For owner costs at the 28% rule, the required income is roughly $32,614/year. With a median household income of $70,000, most households can comfortably afford rent here. Notably, 21.0% of renter households in Sheridan County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Kansas, Sheridan County is less affordable than Rice County by roughly 8% ($663/mo vs $717/mo).
Affordability Calculator
See how your income compares to housing costs in Sheridan County
Rent Burden
11.4%
of gross income
Max Housing (28% Rule)
$1,633
per month
Owner Cost Burden
13.0%
of gross income
You can likely afford the median home in Sheridan County
Median home value is $152,000. Estimated monthly cost: $1,213 vs. your max of $1,633.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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