2024 · Wyoming
Rental yield in Wyoming
In 2024, the typical rental in Wyoming produced a gross yield of 3.5% — $998/mo median rent against a $340K median home value, ranking 46th of 51 states.
3.5%
Gross rental yield
below the 4.9% U.S. median
$998/mo
Median gross rent
incl. utilities (ACS)
$340K
Median home value
owner-occupied (ACS)
Wyoming metros by yield
Metropolitan areas in Wyoming with at least 65,000 residents, ranked by gross rental yield.
| Metro | Gross yield | Median rent | Median value |
|---|---|---|---|
| Cheyenne, WY | 3.9% | $1,217/mo | $372K |
| Casper, WY | 3.9% | $997/mo | $309K |
Frequently asked questions
What is the gross rental yield in Wyoming?
In 2024, Wyoming had a gross rental yield of 3.5% — $998/mo median gross rent against a $340K median home value. That ranks 46th of 51 states (1 = highest yield). Nationally the figure was 4.9%.
Which Wyoming metros have the best rental yield?
Among Wyoming metros covered by the data, gross yield was highest in Cheyenne, WY (3.9%), Casper, WY (3.9%).
Does this account for expenses or financing?
No. Gross yield is a top-line market screen — it excludes property taxes, insurance, vacancy, management, and financing. Use it to compare markets, then run a specific deal through a cap-rate or cash-flow calculator.
How investors finance deals in Wyoming
Yield shows where the numbers work; our Investor Financing Report for Wyoming shows the rate premium, denial rate, and DSCR lending investors face there.
Run a Wyoming deal
Source: U.S. Census Bureau, American Community Survey 2024 1-year estimates. Gross rental yield = (median gross rent × 12) ÷ median home value. A market screen, not a net return.