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Sheridan, IN Homes for Rent

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  • 18661 Moray St, Sheridan, IN 46069
    18661 Moray St, Sheridan, IN 46069
    18661 Moray St, Sheridan, IN 46069
    /14

    $2,400 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,896 Sq Ft
    • Condo for Rent

    18661 Moray St, Sheridan, IN 46069

    18661 Moray ST, 1896 square foot condominium in Westfield, IN, offering an attractive and modern home experience. This property is in great condition and ready to elevate your lifestyle. The heart of this 2 story townhome is its open-plan kitchen, seamlessly integrating with the living room with a lot of natural light. It features a functional island, complete with a sink. The property offers 3

    Anjushree Bothra F.C. Tucker Company

    18661 Moray St, Sheridan, IN 46069
  • 304 E 4th St, Sheridan, IN 46069
    304 E 4th St, Sheridan, IN 46069
    304 E 4th St, Sheridan, IN 46069
    /19

    $1,420 Per Month

    • 3 Beds
    • 1 Bath
    • 1,262 Sq Ft
    • House for Rent

    304 E 4th St, Sheridan, IN 46069

    Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple!This 3-bedroom, 1-bathroom rental home in Sheridan, IN, may be the right place for you. See the pictures to

    (317) 676-5541

    304 E 4th St, Sheridan, IN 46069
Indiana Hamilton County Sheridan

Homes for Rent in Sheridan, IN

Why Live in Sheridan

Sheridan, IN, is a small town in Hamilton County known for its close-knit community and traditional American main street charm. The town features a mix of mid-20th century homes, including modest craftsman bungalows and ranch-style houses. Sheridan Community Schools, which include Sheridan Elementary, Middle, and High Schools, are highly rated, providing quality education for local students. Main Street is home to popular dining spots like Greek’s Pizzeria and Twin Kiss Drive-In, contributing to the town’s revitalization efforts. For shopping, residents often travel to nearby Carmel or Westfield for stores like Target and Walmart. Outdoor enthusiasts can enjoy Biddle Memorial Park, which offers a playground, sports facilities, and picnic areas, as well as the Monon Trail for walking and cycling. Sheridan also hosts annual events such as the Harvest Moon Festival in October and the Countdown to Christmas Bazaar, fostering a strong sense of community. With state routes 47 and 38 providing access to Downtown Indianapolis, Sheridan offers a blend of small-town living with convenient commutes.

Learn more about living in Sheridan

Frequently Asked Questions

How much does it cost to rent a home in Sheridan, IN?
The median rent for a home in Sheridan, IN is $1,910 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Sheridan, IN?
To comfortably afford the median rent in Sheridan, IN, a household needs to earn roughly $76,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,910 per month in Sheridan, IN, renters typically need to show $5,730 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Sheridan, IN?
In Sheridan, IN, the price-to-rent ratio is 14.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Sheridan, IN are best for renting a home?
The best neighborhood for renting in Sheridan, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include East Westfield, West Noblesville, West Carmel, Downtown Carmel and East Carmel, each with its own character and price range.

Rental Trends in Sheridan, IN

There are currently 2 homes available for rent in Sheridan, IN. The median rent is $1,910 per month, with single-family homes renting at $1,750 and townhouses at $2,400.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,910
Median Single Family Home Rent
$1,750
Median Townhouse Rent
$2,400
How to Rent a Home

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