Average Rent in Platte County, WY↓ Rents falling 7.0% YoY

Platte County, WY has rental prices ranging from $714/month to $1,550/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $719/month — 49% below the national average of $1,400/month. With a median household income of $66,299/year, spending $719/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.

How Platte County Compares

With an average 2-bedroom rent of $943/month, Platte County ranks #14 most expensive of the 23 cities tracked in Wyoming — pricier than 54% of all US cities in our data.

The Platte County Rental Market

The Platte County, WY area has a population of about 8,606 and 28% 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 Platte County, WY have fallen by $71/month (7.0%) over the past year, from $1,014 to $943. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Platte County, WY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,760. The local median household income of $66,299 exceeds that threshold by $37,539, making Platte County relatively accessible compared to local wages.

Economy & Jobs

Platte County, WY has an unemployment rate of 3.0%, 0.9 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.

Is Platte County, WY Affordable?

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

Rent or Buy in Platte County?

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

Living in Platte County

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