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City Report · WY

Casper

Pop. 58,839·3rd most expensive in Wyoming·Casper rents are up 16.1% over the past year
Median rent (all units)
$1,363/mo
Year-over-Year
+16.1%
Month-over-Month
-3.3%
vs US Median
-$602
Falling (Monthly)
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Most AffordableMost Expensive
Casper · $1,363
More affordable than 84% of US cities · National median $1,965/mo
Rent Reality Score
39/100
Overpriced
OverheatedFairGreat value

Rents are 5% above what Casper's 10-year trend predicts — running hotter than its own history.

Actual rent
$1,363/mo
Expected by trend
$1,293/mo
The Rent Reality Score compares today's median rent to where Casper's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$790
1 BR
$910
2 BR
$1,107
3 BR
$1,553
4 BR+
$1,840
Research median
$1,107/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$16,356/yr
At $1,363/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 16.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+16.1% YoY, -3.3% MoM), not inventory.
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Demographics

Who lives here

Casper, WY is majority owner-occupied, 30.5% of residents hold a bachelor's degree or higher.

Population
58,839
Median income
$70,218
Median age
37.3
Renters
30.2%
Age distribution
24.2%
22.2%
25.2%
17%
Under 1824.2%
18–3422.2%
35–5425.2%
55–6411.3%
65+17%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
89%
White89%
Black0.6%
Hispanic9.1%
Asian0.6%
Other0.6%
Education (25+)
26.9%
36.7%
30.5%
No HS diploma5.9%
HS diploma26.9%
Some college36.7%
Bachelor's+30.5%
Housing tenure
69.8%
30.2%
Owner69.8%
Renter30.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Casper, WY has changed in 5 years

Rent
$1,001 → $1,363
up 36.2%
Income
$61,657 → $70,218
up 13.9%
Population
58,547 → 58,839
up 0.5%
Renter share
31.5% → 30.2%
-1.3 pts
Bachelor's+
27.4% → 30.5%
+3.1 pts
Median age
36.7 → 37.3
+0.6 yrs

Compared with 2021, rent in Casper, WY has climbed by $362 per month, settling near $1,363 after starting the period at $1,001. Household income in the area moved from $61,657 to $70,218 across the same window, up 13.9% versus 2021. Rent outpaced income growth by roughly 22.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 27.4% to 30.5%. Reading these numbers side by side helps frame whether current listings in Casper, WY look reasonable against where the market sat half a decade ago.

Community

Discussions about Casper

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View Casper rent history (2015–2026) →
Salary vs rent

Can you afford rent in Casper on your salary?

At $1,363/mo, how Casper rent compares to typical pay (30% rule).

By apartment size

Casper rent by bedroom count

Median rent for each apartment size in Casper. Click any size for full breakdown.

Local insights

Tips for renters in Casper

About renting in Casper, WY

Last updated: July 20, 2026

The median rent in Casper is $1,363/mo as of July 2026. A studio apartment averages $790/mo while a 2-bedroom runs $1,107/mo. One-bedroom apartments average $910/mo and 3-bedroom units go for $1,553/mo.

At 23% of local median household income ($70,218/yr), Casper ranks as affordable compared to the national benchmark of 30%. Rents have increased 16.1% over the past year.

FAQ

Frequently asked questions

Is Casper an affordable city for renters?

Casper is considered very affordable for renters. At $1,363/mo, rent takes approximately 23% of the local median household income ($70,218/yr). The standard benchmark is 30%. Casper falls comfortably within that range.

How much income do you need to rent in Casper?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (~$26/hour full-time) to afford the median rent of $1,363/mo in Casper. The local median household income is $70,218/yr, meaning the typical Casper household meets that threshold.

Is rent going up or down in Casper?

Rent in Casper has increased 16.1% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Casper neighborhoods have the lowest rent?

The most affordable ZIP codes in Casper are 82601 ($1,190/mo), 82604 ($1,406/mo), and 82609 ($1,436/mo). Citywide, the median rent in Casper is $1,363/mo.

How does Casper rent compare to other cities in Wyoming?

Casper is one of the pricier cities in Wyoming for rent, ranking #3 out of 9 tracked cities at $1,363/mo.

Which nearby cities are cheaper to rent in than Casper?

Several nearby cities have lower median rents than Casper ($1,363/mo): Rawlins ($1,077/mo), Gillette ($1,249/mo).

What percentage of Casper residents rent vs. own?

According to Census data, approximately 30.2% of Casper households are renters, while 69.8% are owner-occupied. Casper leans toward homeownership, which can mean a smaller rental inventory.

How does Casper rent compare to the national average?

Casper's median rent of $1,363/mo is $602 (31%) below the US national median of $1,965/mo. Within Wyoming, it ranks #3 out of 9 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $1,363/mo, rent takes ~23% of Casper's median household income ($70,218/yr). The standard benchmark is 30%.

Casper 23%Benchmark 30%
State income taxNone
Run the Casper affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Casper, WY

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