Real Estate Investing in Thermopolis, Wyoming

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

1 ZIP codes • Population: 4,534 • Hot Springs

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

🏠 For Homebuyers
MIXED
Grade C (65/100)

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
  • High vacancy: 17.0% of homes vacant — above national norms.

What’s happening in Thermopolis, WY?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.9% 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 $247,978
Avg Monthly Rent $864
ZIP Codes 1

Investing in Thermopolis Real Estate

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

Thermopolis is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. clearly out-of-state investors should be especially careful with the assumptions they carry in.

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

The 0% renter share in Thermopolis masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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Avg Home Value
$247,978
Avg Monthly Rent
$864
1% Rule
✗ Below
Landlord Friendly (WY)

ZIP Codes in Thermopolis, WY

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Filter Thermopolis’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 Thermopolis, WY

What is the rental occupancy rate in Thermopolis, WY?

Thermopolis, WY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

Does Thermopolis, WY make sense for an investment property?

The 3.0/5 investability rating in Thermopolis, WY reflects its $248K prices and $864/mo rents. Investors generally consider it a solid option within WY.

Is it easy to find good tenants in Thermopolis, WY?

Tenant demand in Thermopolis, WY is solid. The local workforce $864/mo rents across most rental classes.

How strict are landlord regulations in Thermopolis, WY?

Thermopolis, WY operates under WY law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.

Is Thermopolis, WY good for house hacking?

The house hack math a challenging in Thermopolis, WY. Owner-occupant buyers benefit from the $864/mo rents and $248K home values.

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