Real Estate Investing in Worland, Wyoming (82401)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 82401 (Worland, WY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.3% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 25.5 — 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 Worland, WY (82401)?
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Market Analysis: 82401 Worland
ZIP 82401 in Worland, WY carries a sturdy set of headwinds. Home values near $265K and rents of $864/mo sit inside a market where underwriting has to be tight.
The investment case in 82401 is durable only for operators who understand what they are buying. A $265K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 82401 among WY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 82401 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 82401 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Worland:
Property Strategy for 82401
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $116,134 | $740 | 4.6% | — | $116,134 |
| 2BR | $170,234 | $960 | 4.1% | +10.6% | $85,117 |
| 3BR | $254,080 | $1,340 | 3.8% | +9.0% | $84,693 |
| 4BR | $283,261 | $1,590 | 4.0% | +8.7% | $70,815 |
| 5BR | $317,030 | — | — | +7.9% | $63,406 |
Market Trends
Home Value History (with trend line)
📊 How Does 82401 Compare?
| Metric | 82401 | Worland | Wyoming |
|---|---|---|---|
| Home Value | $264,692 | $264,692 | $359,462 |
| 5-Year CAGR | 8.0% | 8.0% | 6.2% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 2.6% | 2.6% | - |
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 82401 (Worland, WY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $264,692 |
| Monthly Rent | $864 |
| Price-to-Rent | 25.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.6% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +10.2% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +8.0% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 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 (2.6%). 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 82401
Population: 7,053
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 82401
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 renters plentiful in Worland, WY?
Worland, WY draws a consistent base of working renters. Demand at the $864/mo rent level is reasonable for standard single-family and small multi rentals.
Do rentals sit vacant long in Worland, WY?
Expect elevated vacancy in Worland, WY. Rents at $864/mo are absorbed by the tenant base without meaningful lag.
Is housing expensive in Worland, WY?
Worland, WY median home values land near $265K. That is reasonable territory for investors looking at $864/mo-per-month rentals.
How do landlord-tenant laws work in Worland, WY?
WY law landlord-friendly for landlords, and Worland inherits those rules. Investors should still review local ordinances for rental licensing.
What is the investability score for Worland, WY?
Worland, WY stands at an investability rating of 3.0/5, with median home values near $265K and average rents around $864/mo. That combination puts it in the substantial tier for investor interest.
You know 82401 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 82401 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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