Rent in Wyoming
The median 2-bedroom Fair Market Rent in Wyoming is $1,174/mo, ranking #34 out of 51 states for highest rent. This is $76 below the national median of $1,250/mo. Wyoming has a population of 580K. About 28.1% of households rent their homes. Fair Market Rent data covers 2 areas across the state.
Highlights
All 2 Areas in Wyoming
Frequently Asked Questions
The median 2-bedroom Fair Market Rent across Wyoming is $1,174 per month. Rents range from $1,082/mo in Casper to $1,174/mo in Cheyenne. The actual median gross rent statewide is $968/mo according to Census data.
Wyoming ranks #34 out of 51 states for highest median Fair Market Rent. The state median 2BR FMR of $1,174/mo is $76 below the national median of $1,250/mo.
The average rent burden across Wyoming is 18.2%, meaning a typical household would spend 18.2% of income on a 2-bedroom at Fair Market Rent. No areas exceed HUD's 30% cost-burden threshold. The statewide median household income is $74,815.
The most affordable area in Wyoming is Casper with a 2-bedroom Fair Market Rent of $1,082/mo. The median household income there is $71,247.
The most expensive area in Wyoming is Cheyenne with a 2-bedroom Fair Market Rent of $1,174/mo. The median household income there is $77,884.
Fair Market Rents represent the 40th percentile of gross rents for standard-quality rental units. State-level income and demographic data comes from the Census Bureau ACS 5-Year estimates. Rent burden is calculated as annual 2BR FMR divided by area median household income.