Average Rent in Carbon County, WY↓ Rents falling 5.4% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 14,549
Market Overview
Carbon County, WY has rental prices ranging from $746/month to $1,615/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $751/month — 46% below the national average of $1,400/month. With a median household income of $66,721/year, spending $751/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.
How Carbon County Compares
With an average 2-bedroom rent of $982/month, Carbon County ranks #11 most expensive of the 23 cities tracked in Wyoming — pricier than 62% of all US cities in our data.
The Carbon County Rental Market
The Carbon County, WY area has a population of about 14,549 and 23% 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 Carbon County, WY have fallen by $56/month (5.4%) over the past year, from $1,038 to $982. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Carbon County, WY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $30,040. The local median household income of $66,721 exceeds that threshold by $36,681, making Carbon County relatively accessible compared to local wages.
Economy & Jobs
Carbon 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 FY2025Is Carbon County, WY Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in WYlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Cheyenne | $782 | $903 | $1,141 | $1,599 | — |
| Casper | $755 | $868 | $1,062 | $1,488 | — |
| Campbell County | $791 | $876 | $979 | $1,290 | — |
| Sweetwater County | $816 | $821 | $1,003 | $1,248 | — |
| Fremont County | $707 | $711 | $933 | $1,306 | — |
| Albany County | $712 | $808 | $990 | $1,387 | — |
Rent or Buy in Carbon County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Carbon County data
Buying breaks even after 5 years — worth it if you stay 5+ years.
Living in Carbon County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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Compare rent & home prices by neighborhood
💵Rent Affordability in Carbon CountySalary needed to afford rent here
🗺️All Cities in WYSee how Carbon County ranks statewide
⚖️Compare Carbon CountySide-by-side rent & cost of living with any city
📋WY Tenant RightsDeposit limits, eviction laws & renters protections