Average Rent in Washakie County, WY↑ Rents rising 3.1% YoY🔻 Cheapest in WY
HUD FY2025 · Official government data · Updated annually · Metro pop. 7,708
Market Overview
Washakie County, WY has rental prices ranging from $707/month to $1,464/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $711/month — 49% below the national average of $1,400/month. With a median household income of $62,648/year, spending $711/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.
How Washakie County Compares
With an average 2-bedroom rent of $933/month, Washakie County ranks #23 most expensive of the 23 cities tracked in Wyoming — more affordable than 60% of all US cities in our data.
The Washakie County Rental Market
The Washakie County, WY area has a population of about 7,708 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 Washakie County, WY have risen by $28/month (3.1%) over the past year, from $905 to $933. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Washakie County, WY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,440. The local median household income of $62,648 exceeds that threshold by $34,208, making Washakie County relatively accessible compared to local wages.
Economy & Jobs
Washakie County, WY has an unemployment rate of 2.7%, 1.2 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 Washakie 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 Washakie County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Washakie County data
Renting appears to be the better financial choice for this scenario.
Living in Washakie County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Washakie CountySalary needed to afford rent here
🗺️All Cities in WYSee how Washakie County ranks statewide
⚖️Compare Washakie CountySide-by-side rent & cost of living with any city
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