Sheridan Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Wyoming, United States

Source: AirROI
Last updated: 2025-03-31

Is Airbnb profitable in Sheridan in 2025? Explore comprehensive Airbnb analytics for Sheridan, Wyoming, United States to uncover income potential. This 2025 STR market report for Sheridan, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 99 active listings.

Whether you're considering an Airbnb investment in Sheridan, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Sheridan Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.

Key Sheridan Airbnb Performance Metrics Overview

Avg. Daily Rate (ADR)(?)
$203
The average rental revenue earned for an occupied room per day in Sheridan.
Occupancy Rate(?)
47.6%
Moderate demand with booking opportunities.
Median Annual Revenue(?)
$26,740
Typical annual income for an Airbnb listing in Sheridan. Factors like property type, size, and location influence actual earnings.
Revenue Growth YoY(?)
31.0%
Strong growth (31.0%) vs. last year.
Peak Revenue Month(?)
July
The month with the highest average earnings, indicating peak season in Sheridan.
Lowest Revenue Month(?)
February
The month with the lowest average earnings, indicating the low season in Sheridan.
STR Regulation Level(?)
Low
Fewer regulations, offering more operational flexibility.
Active Airbnb Listings(?)
99
Total number of active short-term rentals listed.

Monthly Airbnb Revenue Variations & Income Potential in Sheridan (2025)

Understanding the monthly revenue variations for Airbnb listings in Sheridan is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Sheridan is typically July, while February often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Sheridan across different performance tiers:

  • Best-in-class properties (Top 10%) achieve $5,431+ monthly, often utilizing dynamic pricing and superior guest experiences.
  • Strong performing properties (Top 25%) earn $3,769 or more, indicating effective management and desirable locations/amenities.
  • Typical properties (Median) generate around $2,261 per month, representing the average market performance.
  • Entry-level properties (Bottom 25%) see earnings around $1,371, often with potential for optimization.

Average Monthly Airbnb Earnings Trend in Sheridan

Sheridan Airbnb Occupancy Rate Trends (2025)

Maximize your bookings by understanding the Sheridan STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Julysees the highest demand (peak season occupancy), while January experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Sheridan:

  • Best-in-class properties (Top 10%) achieve 79%+ occupancy, indicating high desirability and potentially optimized availability.
  • Strong performing properties (Top 25%) maintain 65% or higher occupancy, suggesting good market fit and guest satisfaction.
  • Typical properties (Median) have an occupancy rate around 44%.
  • Entry-level properties (Bottom 25%) average 24% occupancy, potentially facing higher vacancy.

Average Monthly Occupancy Rate Trend in Sheridan

Average Daily Rate (ADR) Airbnb Trends in Sheridan (2025)

Effective short term rental pricing strategy in Sheridan involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Sheridan typically peaks in July and dips lowest during April. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:

  • Best-in-class properties (Top 10%) command rates of $363+ per night, often due to premium features or locations.
  • Strong performing properties (Top 25%) achieve nightly rates of $230 or more.
  • Typical properties (Median) charge around $161 per night.
  • Entry-level properties (Bottom 25%) earn around $113 per night.

Average Daily Rate (ADR) Trend by Month in Sheridan

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Airbnb Seasonality Analysis & Trends in Sheridan (2025)

Peak Season (July, June, August)
  • Revenue averages $4,232 per month
  • Occupancy rates average 56.6%
  • Daily rates average $210
Shoulder Season
  • Revenue averages $2,708 per month
  • Occupancy maintains around 46.6%
  • Daily rates hold near $195
Low Season (January, February, March)
  • Revenue drops to average $1,646 per month
  • Occupancy decreases to average 32.2%
  • Daily rates adjust to average $199

Seasonality Insights for Sheridan

  • The Airbnb seasonality in Sheridan shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
  • During the high season, the absolute peak month showcases Sheridan's highest earning potential, with monthly revenues capable of climbing to $4,431, occupancy reaching a high of 59.5%, and ADRs peaking at $215.
  • Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $1,485, occupancy could drop to 30.4%, and ADRs may adjust down to $190.
  • Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Sheridan.

Seasonal Strategies for Maximizing Profit

  • Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
  • Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
  • Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
  • Regularly analyze your own performance against these Sheridan seasonality benchmarks and adjust your pricing and availability strategy accordingly.

Best Areas for Airbnb Investment in Sheridan (2025)

Exploring the top neighborhoods for short-term rentals in Sheridan? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.

Neighborhood / AreaWhy Host Here? (Target Guests & Appeal)Key Attractions & Landmarks
Historic Downtown
Charming area filled with historic architecture, local shops, and dining options. Attractive for visitors interested in the history and culture of Sheridan.
Shakespeare Garden, Trail End State Historic Site, Sheridan County Museum, Local Art Galleries, Bighorn National Forest
Sheridan College Area
Close to the college, this area caters to students and parents visiting. Popular for short-term stays during college events and activities.
Sheridan College, Inspiration Point, Local cafes, Outdoor recreation areas
Sage Valley
Residential neighborhood with scenic views and proximity to amenities. Ideal for families visiting Sheridan for nature-related activities.
Nearby hiking trails, Golf courses, Local parks
West 5th Street
A vibrant street with a mix of residential and commercial properties, great for attracting tourists who appreciate the local culture and community events.
Sheridan Farmers Market, Historic Main Street, Local breweries
East 1st Street
Conveniently located near shopping and dining, making it suitable for tourists looking for easy access to local amenities.
Shopping centers, Restaurants, Local parks
Bighorn Mountains Area
A scenic area perfect for outdoor enthusiasts and nature lovers, ideal for guests interested in hiking, fishing, and exploring the natural beauty.
Bighorn National Forest, Lake Agnes, Hiking trails
South Sheridan
Residential area with easy access to parks and recreational activities. A safe and family-friendly area to attract vacationers.
Catherine C. Breck Park, Local food markets, Community events
Glendo State Park Area
Further out of city limits but offers a beautiful natural setting for vacationers seeking kayaking, fishing, and camping activities.
Glendo Reservoir, Camping sites, Fishing hotspots

Understanding Airbnb License Requirements & STR Laws in Sheridan (2025)

While Sheridan, Wyoming, United States currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Sheridan to ensure full compliance before hosting.

(Source: AirROI data, 2025, finding no licensed listings among those analyzed)

Top Performing Airbnb Properties in Sheridan (2025)

Benchmark your potential! Explore examples of top-performing Airbnb properties in Sheridanbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.

Stunning Sheridan Ranch Villa: Mountain View!

Stunning Sheridan Ranch Villa: Mountain View!

Entire Place • 3 bedrooms

$113,712
Revenue
49.1%
Occupancy
$869.27
Daily Rate
Historic downtown, 2-units, backyard, pets welcome

Historic downtown, 2-units, backyard, pets welcome

Entire Place • 5 bedrooms

$93,488
Revenue
61.1%
Occupancy
$364.44
Daily Rate
Walk to historic downtown, backyard, pets welcome!

Walk to historic downtown, backyard, pets welcome!

Entire Place • 4 bedrooms

$61,830
Revenue
61.0%
Occupancy
$241.54
Daily Rate
Large but cozy house in the heart of Sheridan.

Large but cozy house in the heart of Sheridan.

Entire Place • 5 bedrooms

$54,168
Revenue
60.3%
Occupancy
$208.88
Daily Rate
The Mountain View Walk Out , Truly Panoramic View

The Mountain View Walk Out , Truly Panoramic View

Entire Place • 3 bedrooms

$53,669
Revenue
59.5%
Occupancy
$206.35
Daily Rate
Fully Remodeled home by Main St.

Fully Remodeled home by Main St.

Entire Place • 3 bedrooms

$51,321
Revenue
36.6%
Occupancy
$334.65
Daily Rate

Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.

Top Performing Airbnb Hosts in Sheridan (2025)

Learn from the best! This table showcases top-performing Airbnb hosts in Sheridan based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.

Host NamePropertiesGrossing RevenueStay ReviewsAvg Rating
Ellen7$248,2574084.99/5.0
Laurie3$188,877504.93/5.0
Bonnie10$154,1292444.83/5.0
Evolve2$135,965674.82/5.0
Tyler4$91,93910434.99/5.0
Dalton2$76,786834.66/5.0
Dalton3$73,9952934.85/5.0
Melissa2$60,471125.00/5.0
Sarah1$54,168284.96/5.0
Curtis1$51,321115.00/5.0

Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Sheridan.

Dive Deeper: Advanced Sheridan STR Market Data (2025)

Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Sheridan. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.

Explore Advanced Metrics

Sheridan Short-Term Rental Market Composition (2025): Property & Room Types

Room Type Distribution

Property Type Distribution

Market Composition Insights for Sheridan

  • The Sheridan Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 85.9% of the 99 active rentals. This indicates strong guest preference for privacy and space.
  • Looking at the property type distribution in Sheridan, House properties are the most common (60.6%), reflecting the local real estate landscape.
  • Houses represent a significant 60.6% portion, catering likely to families or larger groups.
  • Smaller segments like hotel/boutique (combined 3.0%) offer potential for unique stay experiences.

Sheridan Airbnb Room Capacity Analysis (2025): Bedroom Distribution

Distribution of Listings by Number of Bedrooms

Room Capacity Insights for Sheridan

  • The dominant room capacity in Sheridan is 2 bedrooms listings, making up 40.4% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
  • Together, 2 bedrooms and 1 bedroom properties represent 64.6% of the active Airbnb listings in Sheridan, indicating a high concentration in these sizes.
  • A significant 32.3% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Sheridan.

Sheridan Vacation Rental Guest Capacity Trends (2025)

Distribution of Listings by Guest Capacity

Guest Capacity Insights for Sheridan

  • The most common guest capacity trend in Sheridan vacation rentals is listings accommodating 6 guests (25.3%). This suggests the primary traveler segment is likely larger groups.
  • Properties designed for 6 guests and 4 guests dominate the Sheridan STR market, accounting for 45.5% of listings.
  • 49.6% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Sheridan.
  • On average, properties in Sheridan are equipped to host 5.2 guests.

Sheridan Airbnb Booking Patterns (2025): Available vs. Booked Days

Available Days Distribution

Booked Days Distribution

Booking Pattern Insights for Sheridan

  • The most common availability pattern in Sheridan falls within the 91-180 days range, representing 34.3% of listings. This suggests many properties have significant open periods on their calendars.
  • Approximately 61.6% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
  • For booked days, the 181-270 days range is most frequent in Sheridan (36.4%), reflecting common guest stay durations or potential owner blocking patterns.
  • A notable 40.4% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.

Sheridan Airbnb Minimum Stay Requirements Analysis

Distribution of Listings by Minimum Night Requirement

1 Night (50.5%)

1 Night

48 listings

50.5% of total

2 Nights (28.4%)

2 Nights

27 listings

28.4% of total

3 Nights (11.6%)

3 Nights

11 listings

11.6% of total

4-6 Nights (1.1%)

4-6 Nights

1 listings

1.1% of total

7-29 Nights (4.2%)

7-29 Nights

4 listings

4.2% of total

30+ Nights (4.2%)

30+ Nights

4 listings

4.2% of total

Key Insights

  • The most prevalent minimum stay requirement in Sheridan is 1 Night, adopted by 50.5% of listings. This highlights the market's preference for shorter, flexible bookings.
  • A strong majority (78.9%) of the Sheridan Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.

Recommendations

  • Align with the market by considering a 1 Night minimum stay, as 50.5% of Sheridan hosts use this setting.
  • Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Sheridan.

Sheridan Airbnb Cancellation Policy Trends Analysis (2025)

Flexible (21.5%)

Flexible

20 listings

21.5% of total

Moderate (30.1%)

Moderate

28 listings

30.1% of total

Firm (32.3%)

Firm

30 listings

32.3% of total

Strict (16.1%)

Strict

15 listings

16.1% of total

Cancellation Policy Insights for Sheridan

  • The prevailing Airbnb cancellation policy trend in Sheridan is Firm, used by 32.3% of listings.
  • There's a relatively balanced mix between guest-friendly (51.6%) and stricter (48.4%) policies, offering choices for different guest needs.

Recommendations for Hosts

  • Consider adopting a Firm policy to align with the 32.3% market standard in Sheridan.
  • Regularly review your cancellation policy against competitors and market demand shifts in Sheridan.

Sheridan STR Booking Lead Time Analysis (2025)

Average Booking Lead Time by Month

Booking Lead Time Insights for Sheridan

  • The overall average booking lead time for vacation rentals in Sheridan is 53 days.
  • Guests book furthest in advance for stays during July (average 108 days), likely coinciding with peak travel demand or local events.
  • The shortest booking windows occur for stays in February (average 28 days), indicating more last-minute travel plans during this time.
  • Seasonally, Summer (91 days avg.) sees the longest lead times, while Winter (31 days avg.) has the shortest, reflecting typical travel planning cycles.

Recommendations for Hosts

  • Use the overall average lead time (53 days) as a baseline for your pricing and availability strategy in Sheridan.
  • For July stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 108 days out to capitalize on advance planning.
  • Target marketing efforts for the Summer season well in advance (at least 91 days) to capture early planners.
  • Monitor your own booking lead times against these Sheridan averages to identify opportunities for dynamic pricing adjustments.

Popular & Essential Airbnb Amenities in Sheridan (2025)

Amenity Prevalence

Amenity Insights for Sheridan

  • Essential amenities in Sheridan that guests expect include: TV, Wifi, Smoke alarm, Heating, Kitchen. Lacking these (any) could significantly impact bookings.
  • Popular amenities like Air conditioning, Free parking on premises, Coffee maker are common but not universal. Offering these can provide a competitive edge.

Recommendations for Hosts

  • Ensure your listing includes all essential amenities for Sheridan: TV, Wifi, Smoke alarm, Heating, Kitchen.
  • Prioritize adding missing essentials: TV, Wifi, Smoke alarm, Heating, Kitchen.
  • Consider adding popular differentiators like Air conditioning or Free parking on premises to increase appeal.
  • Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
  • Regularly check competitor amenities in Sheridan to stay competitive.

Sheridan Airbnb Guest Demographics & Profile Analysis (2025)

Guest Origin: Domestic vs. International
Top 5 Cities of Origin
Top 5 Countries of Origin
Top 5 Languages Spoken
Guest Age Distribution (Birth Decade)

Guest Profile Summary for Sheridan

  • The typical guest profile for Airbnb in Sheridan consists of primarily domestic travelers (96%), often arriving from nearby Casper, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
  • Domestic travelers account for 96.2% of guests.
  • Key international markets include United States (96.2%) and United Kingdom (1.2%).
  • Top languages spoken are English (78.1%) followed by Spanish (10.4%).
  • A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.

Recommendations for Hosts

  • Target domestic marketing efforts towards travelers from Casper and Denver.
  • Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
  • Highlight unique local experiences or amenities relevant to the primary guest profile.
  • Consider seasonal promotions aligned with peak travel times for key origin markets.

Nearby Short-Term Rental Market Comparison

How does the Sheridan Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.

MarketActive PropertiesMonthly RevenueDaily RateAvg. Occupancy
Dayton17$2,302$198.5340%
Fort Smith26$2,018$243.2936%
Hardin11$2,011$167.3950%
Ten Sleep21$1,838$205.1039%
Story27$1,314$128.6741%
Gillette64$1,302$277.0845%
Buffalo70$1,165$174.4336%

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