Sheridan County · Market Data · August 2026

    What's the Average Occupancy Rate for Short-Term Rentals in Sheridan, Wyoming?

    As of August 2026, Sheridan County short-term rentals run about 54% average occupancy, according to AirDNA — up 2.7 percentage points year-over-year. That's happening alongside a 15.2% drop in average daily rate and a 12.3% decline in active listings, meaning fewer, better-run properties are absorbing steadier demand at lower prices.

    The full picture, not just one number

    AirDNA snapshot for Sheridan County (as of August 5, 2026): 214 listings (-12.3% year-over-year), average daily rate $195 (-15.2% year-over-year), occupancy 54% (+2.7 points year-over-year), annual revenue per listing $18.7K (+12.8% year-over-year), RevPAR $106 (-12.1% year-over-year).

    What this means if you're deciding whether to list

    54% is a market baseline, not a guarantee for any individual property — treat it as the number to beat, not the number to expect.

    Why occupancy and ADR are moving in opposite directions

    Operators are competing on availability rather than sticker price. Revenue per listing rising (+12.8% year-over-year) points to disciplined pricing and cost management among the properties staying booked.

    Frequently asked questions

    Source: AirDNA — Sheridan, Wyoming