Question 1

How many Airbnb and VRBO listings are in Sheridan?

Accepted Answer

Over the 12 months ending September 2026, the Sheridan market averaged 488 active Airbnb and VRBO listings, up 6% from a year earlier and up 40% over two years.

Question 2

How much do Airbnbs and VRBOs make in Sheridan?

Accepted Answer

An average Sheridan listing earns $23K/year. High-performing listings earn $52K, while low-performing listings earn $9K.

Question 3

How much does it cost to buy an Airbnb or VRBO property in Sheridan?

Accepted Answer

Median Sheridan home prices by size are 1-bedroom $255K, 2-bedroom $274K, 3-bedroom $393K, and 4+ bedroom $408K.

Question 4

What is the occupancy rate for Airbnb and VRBO in Sheridan?

Accepted Answer

Average occupancy in Sheridan is 28%, producing RevPAR of $45 per available night.

Question 5

Are short-term rentals legal in Sheridan?

Accepted Answer

Rules vary across Sheridan. Sheridan: Lenient. No specific STR regulations or permit requirements. Operates under standard business licensing and zoning rules. Minimal enforcement.
Buffalo: Lenient. No dedicated STR ordinance. Subject to general business licenses and zoning compliance. Light enforcement, hosts operate freely.
Gillette: Lenient. No specific short-term rental regulations. Standard business registration may apply. Minimal oversight, permissive environment for operators. Verify requirements for the property's jurisdiction.

Question 6

Is the Sheridan Airbnb and VRBO market oversaturated?

Accepted Answer

The Sheridan Airbnb and VRBO market appears broadly balanced. Supply has grown 6% year-over-year, while RevPAR has increased 8%, showing no clear supply-demand imbalance.

Question 7

When is peak season for Airbnbs and VRBOs in Sheridan?

Accepted Answer

RevPAR is highest in July and June; it is lowest in January and February.

Question 8

Which Airbnb and VRBO amenities matter most in Sheridan?

Accepted Answer

The most common amenities are Parking (97%), Kitchen (96%), Internet (96%). The strongest positive revenue associations are Washing Machine (+22%), Parking (+18%), Air Conditioning (+16%).

Question 9

What is the average nightly rate for Airbnbs and VRBOs in Sheridan?

Accepted Answer

Average daily rate in Sheridan is $218, up 17% year-over-year. Rates peak in July and are lowest in March.

Question 10

How far in advance do guests book Airbnb and VRBO stays in Sheridan?

Accepted Answer

Guests in Sheridan book an average of 32 days in advance, down 7% from last year. Booking windows range from 29 days for 1-bedroom listings to 40 days for 4+ bedroom listings.

Question 11

Which days of the week perform best for Airbnbs and VRBOs in Sheridan?

Accepted Answer

Booking demand is highest on Friday and lowest on Tuesday. Nightly rates peak on Friday and are lowest on Sunday. Weekend occupancy is 31% higher than weekday occupancy.

Question 12

How is gross yield calculated?

Accepted Answer

For each eligible home, annual room-revenue potential is divided by a ZIP- and bedroom-matched home-value estimate. Groups show the median of those yields. Cleaning income is excluded. Gross yield is before expenses and financing.

Neighborhood	Revenue (potential)	Gross yield
1.Gillette and Campbell Country	$28.3K 26 listings	10.5% 26 listings
2.Sheridan and Eastern County	$31.8K 97 listings	9.0% 97 listings
3.Buffalo and Johnson Country	$23.4K 36 listings	7.2% 36 listings