Average Rent in Niobrara County, WY↑ Rents rising 5.4% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 2,415
Market Overview
Niobrara County, WY has rental prices ranging from $725/month to $1,569/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $729/month — 48% below the national average of $1,400/month. With a median household income of $48,987/year, spending $729/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.
How Niobrara County Compares
With an average 2-bedroom rent of $954/month, Niobrara County ranks #13 most expensive of the 23 cities tracked in Wyoming — pricier than 57% of all US cities in our data.
The Niobrara County Rental Market
The Niobrara County, WY area has a population of about 2,415 and 35% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Niobrara County, WY have risen by $49/month (5.4%) over the past year, from $905 to $954. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Niobrara County, WY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,160. The local median household income of $48,987 exceeds that threshold by $19,827, making Niobrara County relatively accessible compared to local wages.
Economy & Jobs
Niobrara County, WY has an unemployment rate of 3.1%, 0.8 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 Niobrara 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 Niobrara County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Niobrara County data
Buying breaks even after 5 years — worth it if you stay 5+ years.
Living in Niobrara County
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
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Frequently Asked Questions
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💵Rent Affordability in Niobrara CountySalary needed to afford rent here
🗺️All Cities in WYSee how Niobrara County ranks statewide
⚖️Compare Niobrara CountySide-by-side rent & cost of living with any city
📋WY Tenant RightsDeposit limits, eviction laws & renters protections