How much does it cost to rent in Riverton, WY?

As of May 2026, the median monthly rent in Riverton, WY is $833. This figure is based on aggregated data from public sources and community-submitted rents.

Is Riverton cheaper than other Wyoming cities?

Riverton is among the more affordable cities in Wyoming, ranking #7 out of 7 cities at $833/mo.

When was Riverton rent data last updated?

Riverton rent data reflects May 2026 and was last refreshed on May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · WY

Riverton

Name: Average Rent Prices in Riverton, WY
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 10,856·7th most expensive in Wyoming·One of the most affordable rental markets in the US

Median rent (all units)

$833/mo

Year-over-Year

Stable

Month-over-Month

-22.5%

vs US Median

-$1,132

Falling (Monthly)

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Most AffordableMost Expensive

Riverton · $833

More affordable than 99% of US cities · National median $1,965/mo

Affordability

18% of income

VERY AFFORDABLE

0%30% benchmark60%+

At $833/mo, rent takes about 18% of the local median household income, comfortably within the 30% benchmark.

Income to afford

$33,000/yr

Local median income

$55,208/yr

Based on the 30%-of-income rule using Riverton's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

Studio

$710

1 BR

$710

2 BR

$930

3 BR

$1,310

4 BR+

$1,500

Research median

$930/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: May 18, 2026

Annual cost

$9,996/yr

At $833/mo median

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (+0.0% YoY, -22.5% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

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.

Population

10,856

Median income

$55,208

Median age

35.1

Renters

44.9%

Age distribution

25.1%

24.8%

23.4%

15.4%

Under 1825.1%

18–3424.8%

35–5423.4%

55–6411.3%

65+15.4%

Gender

49.2%

50.8%

Male49.2%

Female50.8%

Race & ethnicity

75.1%

White75.1%

Black0.6%

Hispanic12%

Asian0.9%

Other11.4%

Education (25+)

31.8%

37.2%

24.1%

No HS diploma6.9%

HS diploma31.8%

Some college37.2%

Bachelor's+24.1%

Housing tenure

55.1%

44.9%

Owner55.1%

Renter44.9%

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

2021 vs 2026

How Riverton, WY has changed in 5 years

Income

$51,565 → $55,208

up 7.1%

Population

10,619 → 10,856

up 2.2%

Renter share

38.8% → 44.9%

+6.1 pts

Bachelor's+

22.6% → 24.1%

+1.5 pts

Median age

37.1 → 35.1

-2.0 yrs

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.

Community

Discussions about Riverton

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View Riverton rent history (2015–2026) →

Salary vs rent

Can you afford rent in Riverton on your salary?

At $833/mo, how Riverton rent compares to typical pay (30% rule).

Registered Nurse

Avg $88,811/yr · Rent = 11.3% income

very comfortable

Elementary School Teacher

Avg $63,055/yr · Rent = 15.9% income

very comfortable

Police Officer

Avg $72,634/yr · Rent = 13.8% income

very comfortable

Software Developer

Avg $129,823/yr · Rent = 7.7% income

very comfortable

Lawyer

Avg $165,882/yr · Rent = 6% income

very comfortable

Firefighter

Avg $59,041/yr · Rent = 16.9% income

very comfortable

Truck Driver

Avg $53,307/yr · Rent = 18.8% income

very comfortable

Electrician

Avg $65,706/yr · Rent = 15.2% income

very comfortable

By apartment size

Riverton rent by bedroom count

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

Local insights

Tips for renters in Riverton

About renting in Riverton, WY

Last updated: May 18, 2026

The median rent in Riverton is $833/mo as of May 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 18% 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.

FAQ

Frequently asked questions

Is Riverton an affordable city for renters?

Riverton is considered very affordable for renters. At $833/mo, rent takes approximately 18% of the local median household income ($55,208/yr). The standard benchmark is 30%. Riverton falls comfortably within that range.

How much income do you need to rent in Riverton?

To keep rent at or below 30% of gross income, you would need to earn at least $33,000/year (~$16/hour full-time) to afford the median rent of $833/mo in Riverton. The local median household income is $55,208/yr, meaning the typical Riverton household meets that threshold.

Is rent going up or down in Riverton?

Rent in Riverton has been relatively stable over the past year, with a 0.0% change year over year as of May 2026.

How does Riverton rent compare to other cities in Wyoming?

Riverton is one of the more affordable cities in Wyoming for rent, ranking #7 out of 7 tracked cities at $833/mo.

What percentage of Riverton residents rent vs. own?

According to Census data, approximately 44.9% of Riverton households are renters, while 55.1% are owner-occupied. Riverton leans toward homeownership, which can mean a smaller rental inventory.