Real Estate Investing in Rawlins, Wyoming (82301)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 82301 (Rawlins, WY)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 21.2% of homes vacant — above national norms.
What’s happening in Rawlins, WY (82301)?
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Market Analysis: 82301 Rawlins
Investors eyeing 82301 need to respect the fundamentals at play. Home values of $205K come alongside slower price movement and elevated management overhead.
For an experienced owner, 82301 can be a a credible choice for hunting ground — but the discount at $205K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 82301 among WY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 82301 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 82301 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 Rawlins:
Property Strategy for 82301
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $137,638 | $960 | 5.0% | +6.3% | $68,819 |
| 3BR | $208,207 | $1,270 | 4.4% | +5.0% | $69,402 |
| 4BR | $272,053 | $1,460 | 3.9% | +4.6% | $68,013 |
| 5BR | $307,636 | — | — | +4.3% | $61,527 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 82301 Compare?
| Metric | 82301 | Rawlins | Rock Springs, WY | Wyoming |
|---|---|---|---|---|
| Home Value | $204,978 | $204,978 | N/A | $359,462 |
| 5-Year CAGR | 4.1% | 4.1% | N/A | 6.2% |
| Avg Rent | $1,025 | $1,025 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
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 82301 (Rawlins, WY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $204,978 |
| Monthly Rent | $1,025 |
| Price-to-Rent | 16.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +2.7% ▲ |
🏠 Rent Trends
| 1-Year | -0.6% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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 82301
Population: 8,267
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 82301
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
Is Rawlins, WY a smart market for rental property?
The 3.0/5 investability rating in Rawlins, WY reflects its $205K prices and $1,025/mo rents. Investors generally consider it a solid option within WY.
What are vacancy rates like in Rawlins, WY?
Rawlins, WY sees elevated vacancy, which is reasonable relative to the broader WY rental market.
How strict are landlord regulations in Rawlins, WY?
Rental owners in Rawlins, WY deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Does a duplex house hack pencil in Rawlins, WY?
For house hackers, Rawlins, WY is a challenging. The $1,025/mo rent on a unit helps defray the mortgage on a $205K property.
How much rent can I charge in Rawlins, WY?
Rents in Rawlins, WY run near $1,025/mo. Compared with median home prices of $205K that produces solid gross yields for typical rentals.
You know 82301 now. You don’t know where it ranks.
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How 82301 ranks in Rock Springs, WY
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