MarketsRun a deal in this market
State · WY
Wyoming
Data as of November 2024· Sources: Zillow ZHVI/ZORI, Census ACS
Strategy
Median home value
$357k
+2.5%Zillow ZHVI
Median rent
$1,400/mo
+3.8%Zillow ZORI
Gross yield
4.71%
Rent × 12 / value
Rent/price ratio
0.000%
1% rule benchmark
Median household income
$72,415
Census ACS
Owner-occupied
69.7%
Census ACS
Renter-occupied
30.3%
Census ACS
Population
-
Census ACS
What this means for LTR investors
Gross yield of 4.71% is below the 7% LTR sweet spot; you'd lean on appreciation here.
Rent grew 3.8% YoY while values moved 2.5%. That gap drives whether yield compresses or expands over time.
Renter share is 30% - a deep renter pool means lower vacancy risk in Wyoming.
Median income of $72,415 sets the affordability ceiling on rent growth.