Average Rent in Sweetwater County, WY↓ Rents falling 2.9% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 41,786
Market Overview
Sweetwater County, WY has rental prices ranging from $816/month to $1,631/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $821/month — 41% below the national average of $1,400/month. With a median household income of $76,464/year, spending $821/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.
How Sweetwater County Compares
With an average 2-bedroom rent of $1,003/month, Sweetwater County ranks #9 most expensive of the 23 cities tracked in Wyoming — pricier than 65% of all US cities in our data.
The Sweetwater County Rental Market
The Sweetwater County, WY area has a population of about 41,786 and 26% 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 Sweetwater County, WY have fallen by $30/month (2.9%) over the past year, from $1,033 to $1,003. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Sweetwater County, WY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $32,840. The local median household income of $76,464 exceeds that threshold by $43,624, making Sweetwater County relatively accessible compared to local wages.
Economy & Jobs
Sweetwater County, WY has an unemployment rate of 3.4%, 0.5 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 Sweetwater 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 | — |
| 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 Sweetwater County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Sweetwater County data
Buying breaks even after 4 years — worth it if you stay 4+ years.
Living in Sweetwater 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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Compare rent & home prices by neighborhood
💵Rent Affordability in Sweetwater CountySalary needed to afford rent here
🗺️All Cities in WYSee how Sweetwater County ranks statewide
⚖️Compare Sweetwater CountySide-by-side rent & cost of living with any city
📋WY Tenant RightsDeposit limits, eviction laws & renters protections