Fair Market Rents: Sheridan County, WY (FY2026)
HUD's FY2026 Fair Market Rents for Sheridan County set the ceiling for what Housing Choice Vouchers pay locally. FMR equals the estimated 40th-percentile gross rent — shelter plus utilities — for modest, non-luxury units.
| Unit size | FY2026 FMR | WY median* |
|---|---|---|
| Studio (0-BR) | $855/mo | $761 (+12%) |
| 1 Bedroom | $860/mo | $786 (+9%) |
| 2 Bedrooms | $1,129/mo | $980 (+15%) |
| 3 Bedrooms | $1,354/mo | $1,339 (+1%) |
| 4+ Bedrooms | $1,891/mo | $1,615 (+17%) |
*Median across all FMR-publishing counties in WY. Source: HUD FY2026 FMR schedule.
Using FMR as a voucher holder in Sheridan County
- Your housing authority sets payment standards per bedroom, typically 90–110% of these figures. How payment standards work →
- You may rent above the standard by paying the difference, subject to a 40%-of-income cap at lease-up.
- In high-cost pockets, ask about exception standards or Small Area FMRs by ZIP code.
Subsidized housing in Sheridan County
We track 15 assisted properties countywide:
| City | Properties | Assisted units |
|---|---|---|
| Sheridan | 16 | 694 |