9 Most Affordable Places to Live in Wyoming in 2025

Wyoming has a variety of highlights, with its vast and rugged landscapes featuring iconic landmarks like Yellowstone National Park, Grand Teton National Park, and the majestic Rocky Mountains. Living in this state provides unparalleled opportunities for outdoor enthusiasts to explore nature’s wonders through hiking, camping, and wildlife viewing. The state’s charming small towns and cities like Jackson Hole and Cody offer a blend of Western charm, history, and cultural experiences.

If you’re considering living somewhere in Wyoming then chances are you also have a budget you’re hoping to stay under in your home or apartment search. For example, the median list price in Wyoming is $475,000 as of April. 

If that price doesn’t fit into your budget, don’t worry. Redfin has collected 9 of the most affordable places to live in Wyoming. And the best part is that they all have a median list price under $475,000. From Riverton to Rock Springs, find out which cities made the list.

#1: Evanston

Median home price: $200,000
Average sale price per square foot: $133
Median household income: $70,825 
Evanston, WY homes for sale
Evanston, WY apartments for rent

The first city to make our list of the most affordable places to live in Wyoming is Evanston, where the median home sale price is about $275K less than the state’s average. Evanston has about 11,800 residents and is a great city to consider renting or buying a house this year. Whether you stroll along the picturesque Bear River Greenway, and explore Bear River State Park, featuring 324 acres of wildlife, plains, and scenic views, there are many cool things to do and see in this city.

#2: Riverton

Median home price: $249,000 
Average sale price per square foot: $111 
Median household income: $50,861 
Riverton, WY homes for sale
Riverton, WY apartments for rent

Riverton, with a median home sale price of $249,000, lands the second spot on our list as the most affordable place to live in Wyoming. There are about 10,700 residents living in this mid-sized city. Living in Riverton, you can explore the charming downtown where you’ll find museums, cafes, and parks.

#3: Green River

Median home price: $256,750
Average sale price per square foot: $134
Median household income: $83,497 
Green River, WY homes for sale
Green River, WY apartments for rent

Wyoming’s third best affordable city to live in is Green River. When living in this city of 11,500 people, you can check out Scott’s Bottom Nature Area, visit downtown Green River, and stop by the Flaming Gorge Scenic Byway.

#4: Casper

Median home price: $291,000
Average sale price per square foot: $156 
Average rent for a 1-bedroom apartment: $1,174 
Median household income: $83,497 
Casper, WY homes for sale
Casper, WY apartments for rent

Consider adding Casper to your list of cities to consider living in if you’re looking for an affordable place to move to in Wyoming. With 58,500 people living in this affordable town, Casper is a great option to consider when looking to stay in Wyoming without paying the premium for a home in a larger city. Living in Casper, you can explore some of the unique museums like the National Historic Trails Interpretive Center, the Fort Caspar Museum, and the Tate Geological Museum at Casper College, and stop by the Oregon Trail Historical Markers.

#5: Gillette

Median home price: $305,000  
Average rent for a 1-bedroom apartment: $1,025 
Median household income: $90,415 
Gillette, WY homes for sale
Gillette, WY apartments for rent

If you’ve lived in Wyoming for some time, chances are you know of our fifth city, Gillette. About 33,400 people reside in Gillette. Be sure to visit the picturesque McManamen Park, explore downtown Gillette, and check out museums like Campbell County Rockpile Museum and Frontier Relics & Auto Museum once you move to Gillette.

#6: Rock Springs

Median home price: $305,000
Average sale price per square foot: $153 
Average rent for a 1-bedroom apartment: $822 
Median household income: $75,863 
Rock Springs, WY homes for sale
Rock Springs, WY apartments for rent

Next is Rock Springs where about 23,000 residents currently live. The median home sale price is $305,000 which is about $179K less than the median home sale price in Wyoming. Make sure to visit the Rock Springs Historical Museum and check out downtown Rock Springs if you move to this affordable city.

#7: Cheyenne

Median home price: $360,000 
Average sale price per square foot: $91 
Average rent for a 1-bedroom apartment: $1,287
Median household income: $74,989 
Cheyenne, WY homes for sale
Cheyenne, WY apartments for rent

Seventh on our list of affordable places to live in Wyoming is Cheyenne. With a population of close to 64,600, Cheyenne is a great area to live in that’s not nearly as big as the major metropolitan cities in Wyoming. If you’re going to call Cheyenne home, plan time to visit Cheyenne Frontier Days during the summer which has rodeos, concerts, and parades, stop by the Wyoming State Capitol, and see the exhibits at the Cheyenne Depot Museum.

#8: Laramie

Median home price: $392,000 
Average rent for a 1-bedroom apartment: $899
Median household income: $83,497 
Laramie, WY homes for sale
Laramie, WY apartments for rent

A little more expensive than Cheyenne is the city of Laramie. About 32,000 people live in Laramie, where there are plenty of unique activities to do. Be sure to visit some of the museums like the Geological Museum, the Wyoming Territorial Prison State Historic Site, and the Laramie Railroad Depot, explore the University of Wyoming campus, and check out downtown Laramie.

#9: Sheridan

Median home price: $464,950
Average sale price per square foot: $308 
Median household income: $57,667 
Sheridan, WY homes for sale
Sheridan, WY apartments for rent

Finishing off our list of affordable places to live in Wyoming is none other than Sheridan. The city’s population is just about 19,200, so you’ll be looking at moving to a mid-sized area.  Attractions in Sheridan include exploring charming downtown Sheridan and checking out the creekside Kendrick Park.

Methodology: All cities must have over 10,000 residents per the US Census and have a median home sale price under the median list price in Wyoming. Median home sale price and median sale price per square foot from the Redfin Data Center during April 2025. Average rental data from Rent.com April 2025. Population and median household income data sourced from the United States Census Bureau.

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