Real Estate Investing in Burns, Wyoming (82053)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 82053 (Burns, WY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.2% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 27.5 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Burns, WY (82053)?
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Market Analysis: 82053 Burns
ZIP 82053 in Burns, WY carries a sturdy set of headwinds. Home values near $437K and rents of $1,323/mo sit inside a market where underwriting has to be tight.
Put differently, the numbers look inviting — $437K purchase price, 0.0% nominal cap — the work to hit that pro forma in 82053 is substantial and deserves full respect.
Regionally, 82053 sits on the difficult end of the WY spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 82053 includes headwinds that any investor should price in. Income distribution skews lower than Burns averages, and tenant stability requires active management.
The right play in 82053 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Burns:
Market Trends
Home Value History (with trend line)
📊 How Does 82053 Compare?
| Metric | 82053 | Burns | Cheyenne, WY | Wyoming |
|---|---|---|---|---|
| Home Value | $436,946 | $436,946 | N/A | $359,462 |
| 5-Year CAGR | 4.3% | 4.3% | N/A | 6.2% |
| Avg Rent | $1,323 | $1,323 | N/A | - |
| Cap Rate | 2.4% | 2.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 82053 (Burns, WY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $436,946 |
| Monthly Rent | $1,323 |
| Price-to-Rent | 27.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.4% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 82053
Population: 1,566
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 82053
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How do home values compare in Burns, WY?
The median home value in Burns, WY is roughly $437K. That puts it reasonable relative to the WY statewide average.
How strong is tenant demand in Burns, WY?
Expect a solid tenant pool in Burns, WY. The rental market absorbs $1,323/mo rents without meaningful friction.
Is rental property easy to operate in Burns, WY?
WY law landlord-friendly for landlords, and Burns inherits those rules. Investors should still review local ordinances for rental licensing.
How much rent can I charge in Burns, WY?
Rental rates in Burns, WY average $1,323/mo. Tenant demand and $437K home values make the yield look reasonable by investor standards.
What are vacancy rates like in Burns, WY?
Vacancy risk in Burns, WY is elevated. That supports even-keeled cash flow for typical rental holds.
You know 82053 now. You don’t know where it ranks.
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