At $955/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $955 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
What the numbers show
30% of the median household income ($55,208) is $1,380 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,310); a 4-bedroom is $1,500.
From Zillow's monthly rent index (ZORI) for Riverton. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Riverton, WY is majority owner-occupied, has a large share of families with children, has a median income below the national average, 24.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Riverton, WY has changed in 5 years
On the earnings side, the typical household in Riverton, WY now reports about $55,208, up from $51,565 in 2021. Headcount in the area went from 10,619 to 10,856 between 2021 and 2024, a 2.2% change. About 44.9% of households rent today, against 38.8% in 2021.
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At $955/mo, how Riverton rent compares to typical pay (30% rule).
Riverton rent by bedroom count
Median rent for each apartment size in Riverton. Click any size for full breakdown.
Tips for renters in Riverton
Last updated: August 17, 2026
The median rent in Riverton is $955/mo as of August 2026. A studio apartment averages $710/mo while a 2-bedroom runs $930/mo. One-bedroom apartments average $710/mo and 3-bedroom units go for $1,310/mo.
At 21% of local median household income ($55,208/yr), Riverton ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in Riverton?
Is rent going up or down in Riverton?
How does Riverton rent compare to other cities in Wyoming?
Which nearby cities are cheaper to rent in than Riverton?
At $955/mo, rent takes ~21% of Riverton's median household income ($55,208/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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