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City Report · WY

Torrington

Pop. 6,182·9th most expensive in Wyoming·One of the most affordable rental markets in the US
Median rent (all units)
$1,000/mo
Year-over-Year
Stable
Month-over-Month
+31.1%
vs US Median
-$965
Rising (Monthly)
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Most AffordableMost Expensive
Torrington · $1,000
More affordable than 98% of US cities · National median $1,965/mo
Affordability
25% of income
AFFORDABLE
0%30% benchmark60%+

At $1,000/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$40,000/yr
Local median income
$47,902/yr
Based on the 30%-of-income rule using Torrington's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$710
1 BR
$720
2 BR
$940
3 BR
$1,250
4 BR+
$1,580
Research median
$940/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
$12,000/yr
At $1,000/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +31.1% MoM), not inventory.
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Demographics

Who lives here

Torrington, WY is majority owner-occupied, has a large retiree population, has a median income below the national average, 19.2% of residents hold a bachelor's degree or higher.

Population
6,182
Median income
$47,902
Median age
39.8
Renters
35.6%
Age distribution
20.6%
21%
23.7%
12.1%
22.6%
Under 1820.6%
18–3421%
35–5423.7%
55–6412.1%
65+22.6%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
82.7%
15.7%
White82.7%
Black0.5%
Hispanic15.7%
Other1.1%
Education (25+)
34.4%
39.5%
19.2%
No HS diploma6.8%
HS diploma34.4%
Some college39.5%
Bachelor's+19.2%
Housing tenure
64.4%
35.6%
Owner64.4%
Renter35.6%

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

2021 vs 2026

How Torrington, WY has changed in 5 years

Income
$52,917 → $47,902
down 9.5%
Population
6,196 → 6,182
down 0.2%
Renter share
35.9% → 35.6%
-0.3 pts
Bachelor's+
19.7% → 19.2%
-0.5 pts
Median age
42 → 39.8
-2.2 yrs

Local incomes tracked alongside that move, going from a median of $52,917 in 2021 to $47,902 more recently.

Community

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

Can you afford rent in Torrington on your salary?

At $1,000/mo, how Torrington rent compares to typical pay (30% rule).

By apartment size

Torrington rent by bedroom count

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

Local insights

Tips for renters in Torrington

About renting in Torrington, WY

Last updated: July 20, 2026

The median rent in Torrington is $1,000/mo as of July 2026. A studio apartment averages $710/mo while a 2-bedroom runs $940/mo. One-bedroom apartments average $720/mo and 3-bedroom units go for $1,250/mo.

At 25% of local median household income ($47,902/yr), Torrington ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Torrington an affordable city for renters?

Torrington is considered affordable for renters. At $1,000/mo, rent takes approximately 25% of the local median household income ($47,902/yr). The standard benchmark is 30%. Torrington falls comfortably within that range.

How much income do you need to rent in Torrington?

To keep rent at or below 30% of gross income, you would need to earn at least $40,000/year (~$19/hour full-time) to afford the median rent of $1,000/mo in Torrington. The local median household income is $47,902/yr, meaning the typical Torrington household meets that threshold.

Is rent going up or down in Torrington?

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

How does Torrington rent compare to other cities in Wyoming?

Torrington is one of the more affordable cities in Wyoming for rent, ranking #9 out of 9 tracked cities at $1,000/mo.

Which nearby cities are cheaper to rent in than Torrington?

Scottsbluff is nearby and more affordable at $938/mo, which is $62 less than Torrington.

What percentage of Torrington residents rent vs. own?

According to Census data, approximately 35.6% of Torrington households are renters, while 64.4% are owner-occupied. Torrington leans toward homeownership, which can mean a smaller rental inventory.

How does Torrington rent compare to the national average?

Torrington's median rent of $1,000/mo is $965 (49%) below the US national median of $1,965/mo. Within Wyoming, it ranks #9 out of 9 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,000/mo, rent takes ~25% of Torrington's median household income ($47,902/yr). The standard benchmark is 30%.

Torrington 25%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Torrington, WY

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