What Is the Average Rent in Wyoming?

Understanding average rental costs in Wyoming provides valuable insights for individuals considering relocation, current residents, and those interested in the state’s housing market. Rental prices across Wyoming can vary significantly based on location, property type, and market dynamics. This overview clarifies typical rental figures and influencing elements for informed decision-making.

Average Rent Figures by Property Type

The average rent for all property types in Wyoming is approximately $1,300 per month as of August 2025. For specific apartment types statewide, a studio averages around $1,448, a one-bedroom apartment averages $1,168, and a two-bedroom apartment costs $1,297 per month. Larger three-bedroom rentals average $1,971 or more.

Rental costs vary considerably across Wyoming’s major cities. In Cheyenne, the state capital, the average rent for all property types is about $1,394 per month. A one-bedroom apartment in Cheyenne averages $1,158, while a two-bedroom unit is around $1,428 monthly. Casper, another prominent city, has an average rent of $1,217 for all property types. A one-bedroom apartment averages $996, and a two-bedroom costs $1,166 per month.

Laramie, a university town, offers more affordable options, with an average rent of $780 for a one-bedroom apartment and $965 for a two-bedroom unit. In stark contrast, Jackson, renowned for its proximity to national parks, has significantly higher rental costs, with the average rent for all property types reaching about $6,000 per month. A one-bedroom apartment in Jackson costs $3,192, and a two-bedroom unit is around $4,398 per month.

Key Factors Influencing Rental Costs

Several factors influence rental costs throughout Wyoming. Economic conditions, such as population growth and the health of the local job market, are significant. Areas experiencing an influx of new residents or robust employment opportunities often increase housing demand and rental prices. Slower growth regions may see stable or declining rates.

Housing supply and demand also directly impact rental costs. Limited inventory, especially in desirable areas, drives up prices. Property attributes are also important. These include the property’s location, like proximity to amenities, schools, and employment centers, which command higher rents.

The age and condition of a rental property, and included amenities also influence its price. Newer constructions or properties offering features like in-unit laundry, parking, or specific utility inclusions justify higher rents. Property taxes, relatively low in Wyoming, can make rental investments more attractive for landlords, influencing overall rental pricing strategies. Additionally, the state’s harsh winters can lead to increased maintenance expenses, such as heating system checks and snow removal, which landlords factor into rental rates.

Sources for Up-to-Date Rental Information

Finding current rental information is important as market conditions can change rapidly. Several online platforms provide listings and data on rental properties across Wyoming. Websites such as Apartments.com, Zillow, Rent.com, Zumper, Trulia, and Realtor.com are resources for browsing available rentals and gaining insights into average prices by property type and location. These platforms often allow users to filter searches by price range, number of bedrooms, and specific amenities.

Local real estate agencies and property management companies specializing in rentals offer detailed market knowledge and access to listings not always found elsewhere. These professionals possess insights into neighborhood-specific trends and can assist in navigating the local rental landscape. Engaging with these entities provides more personalized assistance in identifying suitable rental options. Community housing authorities and organizations, such as those that publish Fair Market Rent data, offer general information on rental costs, which can serve as a baseline for understanding affordability in different regions.