RentData

Average Rent in Campbell County, WY↓ Rents falling 8.2% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 47,018

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Campbell County, WY has rental prices ranging from $791/month to $1,644/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $876/month — 37% below the national average of $1,400/month. With a median household income of $95,253/year, spending $876/month on a 1-bedroom represents 11% of gross income — within the recommended 30% threshold.

How Campbell County Compares

With an average 2-bedroom rent of $979/month, Campbell County ranks #12 most expensive of the 23 cities tracked in Wyoming — pricier than 61% of all US cities in our data.

The Campbell County Rental Market

The Campbell County, WY area has a population of about 47,018 and 22% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Campbell County, WY have fallen by $88/month (8.2%) over the past year, from $1,067 to $979. This rate of decrease is significant and reflects softening demand or increased inventory in the local market.

Affordability

To afford a 1-bedroom apartment in Campbell County, WY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,040. The local median household income of $95,253 exceeds that threshold by $60,213, making Campbell County relatively accessible compared to local wages.

Economy & Jobs

Campbell County, WY has an unemployment rate of 2.5%, 1.4 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Fair Market Rents

HUD FY2025
Studio
$791
Affordable
1 Bedroom
$876
Affordable
2 Bedrooms
$979
↓8.2% YoY
Affordable
3 Bedrooms
$1,290
Affordable
4 Bedrooms
$1,644
Affordable
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Is Campbell County, WY Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$39,160/year
Local median income: $95,253
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $979/month and 20% down on a — home at 7% rate.

Nearby Cities in WYlargest metros in the state

CityStudio1BR2BR3BRHome Value
Cheyenne$782$903$1,141$1,599—
Casper$755$868$1,062$1,488—
Sweetwater County$816$821$1,003$1,248—
Fremont County$707$711$933$1,306—
Albany County$712$808$990$1,387—
Sheridan County$831$836$1,097$1,322—

Rent or Buy in Campbell County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Campbell County data

$
Home Value
$350,000
2BR Rent
$979/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 5 years — worth it if you stay 5+ years.

Total monthly buy cost: $2,577/movs rent: $979/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Campbell County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Campbell County

Compare rent & home prices by neighborhood

💵Rent Affordability in Campbell County

Salary needed to afford rent here

🗺️All Cities in WY

See how Campbell County ranks statewide

⚖️Compare Campbell County

Side-by-side rent & cost of living with any city

📋WY Tenant Rights

Deposit limits, eviction laws & renters protections