Home prices
The median home in Sheridan costs $171,000. This is approximately $32,280 (15%) lower in comparison to its surrounding areas.Compared to the rest of the country it is approximately $46,500 (21%) lower, and it is approximately $241,000 (58%) lower in comparison to the city of Portland.
Rents
In Sheridan the median rent is $931 per month. Compared to the surrounding areas this is about $49 (5%) higher.Compared to the US as a whole it is approximately $131 (12%) lower, and in comparison to the city of Portland is approximately $317 (25%) lower.
Nearby places
Willamina
Willamina is approximately 3 miles west of Sheridan. Real estate prices there are similar. The median home cost in Willamina is $166,900, which comes out to $4,100 (2%) lower than Sheridan. Rents there are fairly similar. The median rent in Willamina is $918 a month, which is $13 (1%) lower than Sheridan.
Amity
Amity is roughly 8 miles east from Sheridan. Housing prices there are a bit more expensive. The median home cost in Amity is $189,600, which works out to $18,600 (9%) higher than Sheridan. Its rents are a little more expensive. The median monthly rent in Amity is $1,194, which works out to $263 (22%) higher than Sheridan.
Grand Ronde
Grand Ronde is about 9 miles west of Sheridan. The housing prices there are somewhat more expensive. The cost of the median home in Grand Ronde is $189,800, which comes out to $18,800 (9%) higher than Sheridan. Rent there is substantially less expensive. Grand Ronde's median monthly rent is $446, which works out to $485 (108%) lower than Sheridan.
McMinnville
McMinnville is about 11 miles northeast of Sheridan. The housing prices there are somewhat more expensive. The median home in McMinnville is valued at $247,400, which is $76,400 (30%) higher than Sheridan. Its rents are somewhat more expensive. In McMinnville the median rent is $987 a month, which comes out to $56 (5%) higher than Sheridan.
Dallas
Dallas is roughly 11 miles south of Sheridan. The real estate prices there are a bit more expensive. The median home in Dallas is valued at $222,700, which comes out to $51,700 (23%) higher than Sheridan. Rent there is a little less expensive. Dallas's median rent is $867 per month, which works out to $64 (7%) lower than Sheridan.