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RE Intelligence

Rental numbers for Laramie County, WY

The typical home here runs -$1,482 a month at 7.78% with 25% down. 0 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.6%.

Gross yield
4.7%
typical home, Zillow
Median ZIP yield
4.6%
3 ZIPs with full data
Cash flow
-$1,482/mo
at 7.78%, 25% down
Typical price
$394,000
Zillow ZHVI, Aug 2026
Typical rent
$1,532/mo
Zillow ZORI, Aug 2026

ZIP codes in Laramie County

6 with published figures

82007Cheyenne$326,000$1,6796.2%3.1%-$917+6.2%
82082Pine Bluffs$336,000$1,380*4.9%2.1%-$1,210n/a
82001Granite Canon$351,000$1,3494.6%1.8%-$1,358+6.6%
82009Cheyenne$496,000$1,8214.4%1.8%-$1,912+5.9%
82053Burns$435,000$1,470*4.0%1.4%-$1,837n/a
82054Carpenter$509,000$1,170*2.8%0.6%-$2,474n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+3.5%
Rent, 12 months
+5.8%
Rent minus price growth
+2.3 pts
Property tax
0.57%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10011012013020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$340,191$1,184
Aug 2022$365,603$1,278
Aug 2023$365,985$1,325
Aug 2024$369,535$1,379
Aug 2025$380,304$1,448
Aug 2026$393,715$1,532

HUD Fair Market Rent

FY2027, Cheyenne, WY MSA

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$855$963$1,228$1,700$2,053

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
10.8
466 units, last 12 months
National percentile
74th
among US counties

Tools

Test a listing in Laramie County against today's rate.

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Part of the Cheyenne, WY metro.

Questions

Is Laramie County good for rental property?
The typical home here runs -$1,482 a month at 7.78% with 25% down. 0 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Laramie County?
About 0.57% of value, from Census ACS median taxes paid over median home value. On a $394,000 home that is about $2,236 a year.
What is Fair Market Rent in Laramie County?
HUD's FY2027 Fair Market Rent here is $963 for a 1-bedroom, $1,228 for a 2-bedroom and $1,700 for a 3-bedroom. Typical cash flow at today's rate is -$1,482 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.