Real Estate Investing in Lusk, Wyoming (82225)

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

Niobrara • Population: 1,746 • Data updated: September 2026

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Should you buy in 82225 (Lusk, WY)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 20.0% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Lusk, WY (82225)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $180,018
Avg Monthly Rent $1,080
1% Rule ✗ Does Not Meet
Median Income $51,250
% Renters 34.5%

Market Analysis: 82225 Lusk

ZIP 82225 inside Niobrara looks affordable on the surface — median value of $180K — but the discount exists for reasons that a careful buyer should understand before committing.

For an experienced owner, 82225 can be a a viable market for hunting ground — but the discount at $180K reflects genuine risk that outside investors often underestimate.

The gap between 82225 and stronger Lusk ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

On balance, 1,746 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Lusk:

C+ Average
Buy Confidence Score: 68/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.5× the median income
Value Trend
Declining (-0.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,080/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$193K$177K$162K$146K$130K$114KFeb 2016May 2021Jul 2026

📊 How Does 82225 Compare?

Metric 82225 Lusk Wyoming
Home Value $180,018 $180,018 $359,462
5-Year CAGR 3.8% 3.8% 6.2%
Avg Rent $1,080 $1,080 -
Cap Rate 4.7% 4.7% -

Similar ZIPs Within 25 Miles

Compare other nearby markets to see if a neighbor offers a better fit.

💡 Why Invest in 82225? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 82225 (Lusk, WY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.7%
Fair
5yr Growth
+3.8%
Moderate

📊 Market Snapshot

Home Value $180,018
Monthly Rent $1,080
Price-to-Rent 13.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.2%
Cap Rate 4.7%
5-Year IRR 8.5%

📈 Home Appreciation

1-Year -0.1% ▼
3-Year CAGR +3.3% ▲
5-Year CAGR +3.8% ▲
10-Year CAGR +3.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). 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.

Vacancy
20.0%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.8%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 82225

Population: 1,746

💰 Median Household Income
$51,250
This area
$51,250
State
$76,105
USA
$74,580
🏠 Renter Occupied
34.5%
This area
34.5%
State
22.9%
USA
34.0%
💼 Unemployment Rate
4.2%
This area
4.2%
State
-25.4%
USA
3.7%
🎓 College Educated
19.6%
This area
19.6%
State
-7.9%
USA
33.7%
👤 Median Age
46.7 years
This area
46.7 years
State
-60.3 years
USA
38.9 years
🏚️ Vacancy Rate
20.0%
This area
20.0%
State
25.9%
USA
10.5%
👥 Population by Ethnicity
White 91.8%
Other/Mixed 8.0%
Black/African American 0.2%
👶 Under 18
19.2%
This area
19.2%
USA
22.0%
👴 65 and Over
21.8%
This area
21.8%
USA
17.3%
📊 Poverty Rate
17.6%
This area
17.6%
USA
11.5%

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 82225

A+ Avg School Grade
3 Schools
11.6:1 Avg Class Size
$19,804 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Lusk Elementary

📚 Pre-K – 05 Elementary
👥
299 Students
👨‍🏫
10.6:1 Class Size
💰
$19,804 Per Student
A+ Excellent

Lusk Middle School

📚 06 – 08 Middle
👥
216 Students
👨‍🏫
11.3:1 Class Size
💰
$19,804 Per Student
A+ Excellent

Niobrara County High School

📚 09 – 12 High School
👥
340 Students
👨‍🏫
12.9:1 Class Size
💰
$19,804 Per Student
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

Should investors consider Lusk, WY?

The 3.0/5 investability rating in Lusk, WY reflects its $180K prices and $1,080/mo rents. Investors generally consider it a solid option within WY.

Does a duplex house hack pencil in Lusk, WY?

For house hackers, Lusk, WY is a challenging. The $1,080/mo rent on a unit helps defray the mortgage on a $180K property.

How do experienced investors play Lusk, WY?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Lusk, WY. The numbers - $180K homes against $1,080/mo rents - support that play.

Is vacancy a concern in Lusk, WY?

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

What is the median home value in Lusk, WY?

Typical homes in Lusk, WY go for around $180K. The 5-year CAGR of 0.0% reliable price movement.

You know 82225 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 82225 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.

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