Real Estate Investing in Basin, Wyoming (82410)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 82410 (Basin, 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.
- High vacancy: 13.1% 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 Basin, WY (82410)?
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Market Analysis: 82410 Basin
Not every below-median market is a bargain. Basin's 82410 ZIP stands at signals that favor experienced operators who can absorb the risk $249K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 82410 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within WY, ZIP 82410 trails on several market indicators that neighboring Big Horn County submarkets outperform. The gap is real and notable enough to shape underwriting.
The 82410 ZIP's population of 1,901 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Strategy in 82410 is an operator game, not a passive one. In practical terms, entry prices of $249K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Basin:
Property Strategy for 82410
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $190,306 | $960 | 3.6% | +10.5% | $95,153 |
| 3BR | $280,885 | $1,190 | 3.1% | +10.0% | $93,628 |
Market Trends
Home Value History (with trend line)
📊 How Does 82410 Compare?
| Metric | 82410 | Basin | Wyoming |
|---|---|---|---|
| Home Value | $248,997 | $248,997 | $359,462 |
| 5-Year CAGR | 6.1% | 6.1% | 6.2% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 2.7% | 2.7% | - |
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 82410 (Basin, WY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $248,997 |
| Monthly Rent | $864 |
| Price-to-Rent | 24.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +0.0% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (2.7%). 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.
Demographics in 82410
Population: 1,901
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 82410
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 is the average home sale price in Basin, WY?
Typical homes in Basin, WY go for around $249K. The 5-year CAGR of 0.0% reliable price movement.
Does house hacking make sense in Basin, WY?
House hacking works a challenging in Basin, WY. Rents of $864/mo against $249K acquisition make the strategy solid for owner-occupants.
How strong is tenant demand in Basin, WY?
Working renters make up the core of the Basin, WY tenant base. The pool is reasonable for investors targeting long-term holds.
Are eviction rules reasonable in Basin, WY?
For rental operators, Basin, WY rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What do rentals go for in Basin, WY?
Average rent in Basin, WY is approximately $864/mo per month. Against $249K home values that yields a reasonable rent-to-price ratio.
You know 82410 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 82410 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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