Real Estate Investing in Hot Springs, Wyoming

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

2 ZIP codes • Population: 4,602

Should you buy in Hot Springs County, WY? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (80/100)

Solid choice β€” values are growing steadily and the market is stable enough to buy with confidence.

πŸ“ˆ 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 β€” above national norms.

What’s happening in Hot Springs County, WY?

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3.0/ 5

Investability

County-wide average

4.0/ 5

Appreciation

7.9% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $123,989
Avg Monthly Rent $864
ZIP Codes 2

Investing in Hot Springs County Real Estate

With 4,602 residents across 2 cities, Hot Springs County shows thin fundamentals that keep most passive capital on the sidelines β€” a region that demands real local knowledge.

A 3.0 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Hot Springs County sits firmly in that category.

Distressed-leaning demographics in Hot Springs β€” soft income growth, high rent burden, population shifts β€” are among the reasons the β˜…β˜…β˜…β˜†β˜† rating sits where it does.

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

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

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Avg Home Value
$123,989
Avg Monthly Rent
$864
1% Rule
βœ— Below
Landlord Friendly (WY)
β˜…β˜…β˜…β˜…β˜…

Cities in Hot Springs County

ZIP Codes in Hot Springs County, WY

Screen every market in Hot Springs County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Hot Springs County

What are home prices like in, WY?

In, WY the median home value sits at $124K. Against the broader WY market, that reads as reasonable for most investors.

Do rentals sit vacant long in, WY?

Occupancy in, WY runs measured with elevated vacancy. Well-priced units at $864/mo lease on reasonable timelines.

How strong is the working-renter base in, WY?

, WY offers a steady renter base at the $864/mo rent level. Tenant turnover is reasonable for well-managed properties.

Are landlord laws favorable in, WY?

, WY falls under WY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.

Community Ratings

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