Real Estate Investing in La Grange, Wyoming (82221)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 82221 (La Grange, 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.
- High vacancy: 15.1% of homes vacant — above national norms.
- Lower household income: $31,875 median — tenant affordability is tighter.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in La Grange, WY (82221)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 82221 La Grange
The 82221 ZIP in La Grange, WY is a local-operator market. Outside capital chasing a $241K entry has to pair deep knowledge with the discount.
Rent of $927/mo on a $241K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 82221 sits below the stated 0.0% once reality is priced in.
Turning to rents, 82221 offers a low basis, the region around La Grange has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A sturdy renter share of 25% in 82221 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 82221 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 La Grange:
Market Trends
Home Value History (with trend line)
📊 How Does 82221 Compare?
| Metric | 82221 | La Grange | Wyoming |
|---|---|---|---|
| Home Value | $240,973 | $240,973 | $359,462 |
| 5-Year CAGR | 5.6% | 5.6% | 6.2% |
| Avg Rent | $927 | $927 | - |
| Cap Rate | 3.0% | 3.0% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 82221 (La Grange, WY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 82221 (La Grange, WY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $240,973 |
| Monthly Rent | $927 |
| Price-to-Rent | 21.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 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 (3.0%). 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 82221
Population: 540
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 82221
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
Are homes affordable in La Grange, WY?
La Grange, WY home values average about $241K. That price point suits investors targeting rentals with $927/mo in monthly income.
Are renters plentiful in La Grange, WY?
Working renters make up the core of the La Grange, WY tenant base. The pool is reasonable for investors targeting long-term holds.
How strict are landlord regulations in La Grange, WY?
Rental owners in La Grange, WY deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the smart move for investors in La Grange, WY?
In La Grange, WY the solid play is typically careful cash-flow rentals with hands-on management. The combination of $241K prices and $927/mo rents suits that approach.
How viable is house hacking in La Grange, WY?
House hacking in La Grange, WY is a challenging. With home values around $241K and rents at $927/mo, owner-occupants can offset a meaningful share of PITI.
You know 82221 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 82221 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
AI Market Advisor
Ask questions about investing in 82221 (La Grange)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 82221 (La Grange, WY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.