Real Estate Investing in Meeteetse, Wyoming (82433)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 82433 (Meeteetse, 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: 21.3% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 34.1 — 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 Meeteetse, WY (82433)?
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Market Analysis: 82433 Meeteetse
From an investor standpoint, ZIP 82433 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $354K median. It rewards specialists, not generalists.
Rent of $864/mo on a $354K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 82433 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 82433 among WY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 82433 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Meeteetse's stable or hybrid ZIPs before stepping into 82433. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Meeteetse:
Market Trends
Home Value History (with trend line)
📊 How Does 82433 Compare?
| Metric | 82433 | Meeteetse | Wyoming |
|---|---|---|---|
| Home Value | $353,853 | $353,853 | $359,462 |
| 5-Year CAGR | 4.1% | 4.1% | 6.2% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 1.9% | 1.9% | - |
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 82433 (Meeteetse, WY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $353,853 |
| Monthly Rent | $864 |
| Price-to-Rent | 34.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.9% |
| Cap Rate | 1.9% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | -0.3% ▼ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 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 (1.9%). 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 82433
Population: 1,071
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 82433
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
What do landlords charge for rent in Meeteetse, WY?
Average rent in Meeteetse, WY is approximately $864/mo per month. Against $354K home values that yields a reasonable rent-to-price ratio.
What is the typical renter like in Meeteetse, WY?
Expect a solid tenant pool in Meeteetse, WY. The rental market absorbs $864/mo rents without meaningful friction.
How strong is Meeteetse, WY for real estate investors?
Meeteetse, WY sits at an investability rating of 3.0/5, with median home values near $354K and average rents around $864/mo. That combination puts it in the solid tier for investor interest.
What kind of vacancy should I budget for in Meeteetse, WY?
Vacancy risk in Meeteetse, WY is elevated. That supports even-keeled cash flow for typical rental holds.
What is the typical home price in Meeteetse, WY?
Meeteetse, WY median home values land near $354K. That is reasonable territory for investors looking at $864/mo-per-month rentals.
You know 82433 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 82433 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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