Real Estate Investing in Parkman, Wyoming

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 442 • Sheridan County

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

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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
  • High vacancy: 23.9% of homes vacant — above national norms.

What’s happening in Parkman, WY?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.3% 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 $569,265
Avg Monthly Rent $954
ZIP Codes 1

Investing in Parkman Real Estate

With a sizable population across 1 ZIPs, Parkman shows the kind of underwhelming fundamentals that keep most out-of-state capital on the sidelines.

The investment case for Parkman is difficult to make on screen data alone. less favorable for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Rent trends and price trends in Parkman are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Wyoming.

A an established population with $N/AK household income profile is what makes Parkman a challenging rental market — the tenant base is present, but the affordability math is tight.

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 Sheridan, WY

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Parkman, WY. Anonymous, moderated, never written by AI.

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Avg Home Value
$569,265
Avg Monthly Rent
$954
1% Rule
✗ Below
Landlord Friendly (WY)

📉 Market Crash Risk Index

Based on Sheridan, WY metro

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

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☀️ Warm Market — Sheridan, WY metro
0
Days to pending
4.5%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Parkman, WY

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Filter Parkman’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 Parkman, WY

How strong is tenant demand in Parkman, WY?

Expect a solid tenant pool in Parkman, WY. The rental market absorbs $954/mo rents without meaningful friction.

Are eviction rules reasonable in Parkman, WY?

Rental owners in Parkman, WY deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

What kind of vacancy should I budget for in Parkman, WY?

Rental vacancy in Parkman, WY is elevated. Investors should budget normal turnover but not chronic empty units.

Is Parkman, WY better for rentals, flips, or BRRRR?

The best-fit strategy in Parkman, WY is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

Is housing expensive in Parkman, WY?

Expect median prices around $569K in Parkman, WY. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.

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