Sheridan, located in the northern part of Wyoming, is a picturesque city known for its rich history, scenic landscapes, and vibrant community. Nestled between the majestic Bighorn Mountains and the expansive plains, Sheridan offers residents a perfect blend of outdoor adventure and small-town charm. This article explores the best residential areas in Sheridan, highlighting their unique characteristics, housing options, and average prices.
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Historic Downtown Sheridan

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Historic Downtown Sheridan is the cultural heart of the city, featuring charming architecture, local shops, and eateries. It's ideal for those who want to immerse themselves in the vibrant community atmosphere.
Characteristics of the Historic Downtown Sheridan
* Culture: Rich historical heritage, local arts, and festivals.
* Transportation: Walkable area with easy access to public transport.
* Services: Full range of services, including groceries, restaurants, and entertainment.
* Environment: Active and community-oriented
Housing Options in the Historic Downtown Sheridan
Condos, Historic homes, Single-family homes
Average Home Prices in the Historic Downtown Sheridan
* Buying: $300,000 – $450,000
* Renting: $1,200 – $1,800/month
West 5th Street

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West 5th Street is a family-friendly neighborhood characterized by its spacious homes and quiet streets. This area is perfect for families looking for a suburban feel with proximity to schools.
Characteristics of the West 5th Street
* Culture: Family-oriented community with local parks.
* Transportation: Car preferred, but public transport is available.
* Services: Schools, parks, and local shops nearby.
* Environment: Quiet and residential
Housing Options in the West 5th Street
Single-family homes, Townhomes
Average Home Prices in the West 5th Street
* Buying: $250,000 – $350,000
* Renting: $1,000 – $1,500/month
The Powderhorn Neighborhood

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The Powderhorn Neighborhood is known for its stunning views of the Bighorn Mountains and spacious properties. It's ideal for outdoor enthusiasts looking for recreational opportunities.
Characteristics of the The Powderhorn Neighborhood
* Culture: Outdoor recreation, hiking trails, and community events.
* Transportation: Car necessary; limited public transport options.
* Services: Local stores and access to outdoor activities.
* Environment: Scenic and adventurous
Housing Options in the The Powderhorn Neighborhood
Custom-built homes, Single-family homes
Average Home Prices in the The Powderhorn Neighborhood
* Buying: $400,000 – $600,000
* Renting: $1,500 – $2,200/month
Greenwood Village

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Greenwood Village is a peaceful suburb with well-maintained streets and a strong sense of community. It's especially popular among retirees and families alike.
Characteristics of the Greenwood Village
* Culture: Community-centered with regular neighborhood events.
* Transportation: Car recommended; limited local transit.
* Services: Grocery stores, parks, and healthcare facilities.
* Environment: Tranquil and community-focused
Housing Options in the Greenwood Village
Single-family homes, Duplexes
Average Home Prices in the Greenwood Village
* Buying: $300,000 – $450,000
* Renting: $1,100 – $1,600/month
North Park

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North Park is an emerging neighborhood that attracts young professionals and families. This area is trendy, with modern amenities and access to various recreational facilities.
Characteristics of the North Park
* Culture: Youthful vibe with access to parks and cultural events.
* Transportation: Car recommended, with some public transport available.
* Services: Coffee shops, restaurants, and proximity to parks.
* Environment: Vibrant and lively
Housing Options in the North Park
Condos, New constructions, Single-family homes
Average Home Prices in the North Park
* Buying: $350,000 – $500,000
* Renting: $1,300 – $1,900/month
South Sheridan

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South Sheridan offers a quiet residential feel with larger lots and more space between homes. This area is particularly sought after by those looking for a relaxed lifestyle away from the hustle and bustle.
Characteristics of the South Sheridan
* Culture: Rural charm with close-knit community gatherings.
* Transportation: Car necessary for commuting.
* Services: Essential services and access to open spaces.
* Environment: Peaceful and spacious
Housing Options in the South Sheridan
Large single-family homes, Ranch-style homes
Average Home Prices in the South Sheridan
* Buying: $400,000 – $550,000
* Renting: $1,400 – $1,800/month
Frequently Asked Questions About the Best Residential Areas in Sheridan:
Some of the best residential areas in Sheridan include Historic Downtown Sheridan, West 5th Street, Powderhorn Neighborhood, Greenwood Village, North Park, and South Sheridan.
West 5th Street and Greenwood Village are known for their family-oriented atmosphere, with access to parks and schools.
West 5th Street and Greenwood Village tend to offer more affordable options for families and first-time buyers.
The average rental prices in Sheridan range from $1,000 to $2,200 per month, depending on the neighborhood and size of the home.
The Powderhorn Neighborhood is the best for outdoor enthusiasts, offering great access to hiking trails and mountain views.
Yes, Sheridan has limited public transport options; however, many residents prefer to use cars due to the layout of the city.
Historic Downtown Sheridan is known for its rich cultural heritage, local arts, and community festivals.
North Park offers modern condos and single-family homes, ideal for young professionals and families.
Housing prices in Sheridan are generally comparable to other nearby towns in Wyoming, though specific neighborhoods may vary significantly.
Yes, many neighborhoods, particularly Greenwood Village, cater to retirees and offer suitable housing options.
Conclusion on the Best Residential Areas in Sheridan:
Sheridan, Wyoming, provides a wide range of residential options, each with unique characteristics and advantages. Whether you prefer the bustling vibe of Historic Downtown, the peaceful ambiance of South Sheridan, or the family-friendly environment of West 5th Street, there's something for everyone. Accessible outdoor activities, community events, and a vibrant local culture make Sheridan an idyllic place to live. Your choice of neighborhood will depend on your lifestyle preferences—whether you seek tranquility, community involvement, or proximity to nature. With its charm and opportunities, Sheridan is undoubtedly a desirable location for residents.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.