Average Rent Prices in Wyoming (WY)
$1,2521
Average
$7881
Studio
$8851
1BR
$1,1281
2BR
$1,5691
3BR
$1,8921
4BR
🪄 RentalRealEstate Quick Answer
Wyoming’s average fair market rent is $1,252/month, ranking 16th among US states highest rent prices and 19.28% below the $1,551 national average. This page covers Wyoming’s statewide rent averages by bedroom count, metro-area rent comparisons, and rent context versus neighboring states and national benchmarks.
As of 2026, the overall average fair market rent for a residential rental property in Wyoming Rent Prices is $1,252. Average rent prices in Wyoming sit below the national average rent of $1,551, in which Wyoming ranks as the 16th lowest rent among all 50 states and the 35th highest rent among all 50 states within the United States. In Wyoming’s large metropolitan areas such as Cheyenne, WY, the average rent prices tend to be higher, while alternative areas such as Casper, WY, can provide more affordable options.
Wyoming (WY) National Rent Rankings
16th
Lowest Rent Among 50 States
35th
Highest Rent Among 50 States
Below
The National Rent Average
$299
Per Month Below National Rent Average
19.28%
Per Month Below National Rent Average
Average Rent Prices in Wyoming (WY) Visual Chart
Studio
A one-room unit with a private bathroom.
1BR
A unit that has a separate bathroom and a separate bedroom.
2BR
A unit that has two separate and distinct bedrooms.
3BR
A unit that has 3 separate and distinct bedrooms.
4BR
A unit that has 4 separate and distinct bedrooms.
Fair Market Rent
Gross rent estimate for a standard rental unit in a given market.
Average Rent Prices in Wyoming (WY) by Metro Area
| wdt_ID | Metro | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|---|
| 1 | Casper, WY MSA | 767 | 852 | 1082 | 1505 | 1815 |
| 2 | Cheyenne, WY MSA | 809 | 917 | 1174 | 1633 | 1969 |
| Metro | Studio | 1BR | 2BR | 3BR | 4BR |
Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2026.
Year-Over-Year Changes in Wyoming (WY) Rent Prices
1.95%
or
$24
Year-Over-Year Increase
$1,2281
2025 Average Historical Rent Price
$1,2521
2026 Average Current Rent Price
$1,2761
2027 Projected Average Rent Price
Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2025, 2026, and estimated 2027 projection.
Wyoming (WY) Rental Real Estate Resources
Wyoming Rental Property Management
Wyoming rental property management focuses on handling tenant relations, property maintenance, and legal compliance to help property owners maximize their investment returns.
Wyoming Rental Property Insurance
Wyoming landlord insurance provides real estate investors with essential protection against financial losses caused by property damage, liability claims, loss of rental income, and other risks.
Wyoming Rental Property Loans
Wyoming rental property loans offer investors financing solutions to purchase, refinance, or upgrade properties in a state recognized for its wide-open spaces and growing demand for vacation rentals near national parks.
Wyoming Rental Agreements
Residential rental agreements in Wyoming outline the terms of tenancy, including rent, lease duration, and the responsibilities of both landlords and tenants.
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Wyoming (WY) Rent Price Calculators
Need help with rent-related math? Use our rental property calculators to handle everything from price adjustments to fee calculations in just a few clicks.
Average Rent Prices in Other US States 2026
Rent prices for each state across the United States can greatly vary. Click on a State below to see the specific fair market residential rent prices for that state:
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1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.
Methodology
Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.
Data
Rent prices are based on aggregated data from one and/or several sources noted below:
Disclaimer
The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.