Sheridan, Colorado.
Typical home $415,432 (-4.1% in a year), asking rent $1,657 (-2.6%). Denver-Aurora-Lakewood, CO metro.
to buy the typical home at today's mortgage rate — +$973 (+81%) since Jan 2020.
- 1 year
- Down $17,720 -4%
- $433,152$415,432 since Sep 2025
- 5 years
- Up $6,520 +2%
- $408,912$415,432 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Sheridan$2,180
- Colorado$2,777
- United States$1,922
Typical home values in Sheridan, CO fell 4.1% over the past year — slower than the nation's +1.2%.
Asking rents in Sheridan, CO fell 2.6% over the past year — slower than the nation's +2.7%.
Owning the typical home in Sheridan runs $1,150/mo more than renting one. The gap peaked at $1,551 in Jan 2025.
That is $2,806 a month against $1,657 rent: a $2,180 mortgage payment, plus $181 property tax and $445 insurance & upkeep.
Owning vs renting — Sheridan
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,806
- Renting$1,657
- Mortgage only$2,180
Property tax · $181/mo 0.52% of value a year — the ACS 2020-2024 median bill over the median home value for Arapahoe County, CO
Insurance & upkeep · $445/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Sheridan, Arapahoe County, Colorado
Sheridan is a city of 6,105 people in Arapahoe County. Half its households earn more than $60,608 a year and half less, against $101,087 across Arapahoe County; 14% of its people live below the poverty line. 59% of its homes are lived in by their owners and 41% are rented. Unemployment in Arapahoe County was 4.6% in August 2026, and the county had 0.3% more jobs in 2025 than the year before. The most residents work in shops, then professional services.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Sheridan is a city in Arapahoe County, Colorado, where most homes are lived in by their owners rather than by renters. Its residents tend to earn less than the county's typical household, and a meaningful share of them lives below the poverty line. Winters are cold, summers are hot, and snow is a regular part of the year.
Work. Many residents work in shops, in professional and business services, in schools, hospitals and social care, or in the building trades. A modest share of adults hold a degree, and a small share work from home, so most people commute out each day.
Things to do. Bear Creek runs in or beside town, which makes it the closest outdoor place to spend an afternoon. The Denver Art Museum is a museum a short drive away, and Red Rocks Amphitheatre, a theatre a longer drive away, is one of the best known venues in the area.
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- 2,316households
- 23%of adults have a degree
- 14%below the poverty line
- 27 mintypical commute
- 12%work from home
What residents work in
Employed residents by industry, from the Census survey. Arapahoe County had 340,945 jobs in 2025, 0.3% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 45° and lows near 20°; warmest in July, with highs near 86° and lows near 60°. About 34 inches of snow and 17 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Marston Fltr Plt weather station, 3 miles away (NOAA).
Largest workplaces in Sheridan
- Costco WholesaleWholesale grocer311
- TargetDiscount department stores214
- Sheridan School District No. 2School district213FTE
- Frontier MechanicalConstruction management, multifamily building150
- HeartlandLandscape care and maintenance services133
- Quality LogisticsGeneral freight trucking, long-distance, truckload120
- MV Power SolutionsElectrician103
- Barnes ConstructionBricklaying contractors99
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 26 workplaces with 20 or more staff, 1,909 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailVery high
- LightningRelatively moderate
- TornadoesRelatively moderate
- Winter weatherRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Sheridan’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Arapahoe County and the Denver-Aurora-Lakewood, CO metro.
Sheridan home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Sheridan$415,432
- Colorado$529,013
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Sheridan9
Zip codes with a Sheridan address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Sheridan — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.