Real Estate Investing in Evansville, Wyoming

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1 ZIP codes • Population: 3,856 • Natrona County

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Should you buy in Evansville, WY? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (62/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.8% vacancy may signal weakening demand.

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $327,830
Avg Monthly Rent $1,008
ZIP Codes 1

Investing in Evansville Real Estate

Evansville (Wyoming) spans 1 ZIPs and roughly a sizable population. unambiguously the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

Investors considering Evansville, WY should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Market conditions in Evansville are tepid. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Population dynamics in Evansville haven't been supportive. less favorable for combined with modest income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Casper, WY

Evansville is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$327,830
Avg Monthly Rent
$1,008
1% Rule
✗ Below
Landlord Friendly (WY)

📉 Market Crash Risk Index

Based on Casper, WY metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
43%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Casper, WY metro
0
Days to pending
9.1%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Evansville, WY

Screen every ZIP in Evansville

Filter Evansville’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Evansville, WY

What is the median home value in Evansville, WY?

Evansville, WY median home values land near $328K. That is reasonable territory for investors looking at $1,008/mo-per-month rentals.

How high is vacancy risk in Evansville, WY?

Vacancy in Evansville, WY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,008/mo.

How strict are landlord regulations in Evansville, WY?

For rental operators, Evansville, WY rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

Does a duplex house hack pencil in Evansville, WY?

House hacking works a challenging in Evansville, WY. Rents of $1,008/mo against $328K acquisition make the strategy solid for owner-occupants.

What is the smart move for investors in Evansville, WY?

Investors usually favor careful cash-flow rentals with hands-on management in Evansville, WY. With home values at $328K and rents near $1,008/mo, other strategies can work but produce reliable rather than outsized returns.

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