Real Estate Investing in Glenrock, Wyoming (82637)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 82637 (Glenrock, 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: 18.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 26.5 — 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 Glenrock, WY (82637)?
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Market Analysis: 82637 Glenrock
ZIP 82637 in Glenrock, WY carries a sturdy set of headwinds. Home values near $306K and rents of $963/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $306K asset, 82637 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 82637 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 82637 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 82637 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 Glenrock:
Property Strategy for 82637
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $261,727 | $1,070 | 2.9% | — | $130,864 |
| 3BR | $300,891 | $1,470 | 3.5% | +6.9% | $100,297 |
| 4BR | $349,544 | $1,770 | 3.6% | +6.6% | $87,386 |
Market Trends
Home Value History (with trend line)
📊 How Does 82637 Compare?
| Metric | 82637 | Glenrock | Wyoming |
|---|---|---|---|
| Home Value | $306,142 | $306,142 | $359,462 |
| 5-Year CAGR | 6.3% | 6.3% | 6.2% |
| Avg Rent | $963 | $963 | - |
| Cap Rate | 2.5% | 2.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 82637 (Glenrock, WY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $306,142 |
| Monthly Rent | $963 |
| Price-to-Rent | 26.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (2.5%). 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 82637
Population: 4,178
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 82637
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
How expensive is real estate in Glenrock, WY?
In Glenrock, WY the median home value sits at $306K. Against the broader WY market, that reads as reasonable for most investors.
How strong is tenant demand in Glenrock, WY?
The tenant pool in Glenrock, WY is solid, supported by local employment and population fundamentals. Rents of $963/mo are well-absorbed by the market.
Is rental property easy to operate in Glenrock, WY?
WY ranks as a landlord-friendly state for landlord-tenant law. Glenrock generally follows the statewide framework, so landlords face reasonable operating rules.
How should investors approach Glenrock, WY?
Investors usually favor careful cash-flow rentals with hands-on management in Glenrock, WY. With home values at $306K and rents near $963/mo, other strategies can work but produce consistent rather than outsized returns.
What do rentals go for in Glenrock, WY?
Glenrock, WY rentals go for roughly $963/mo a month. That puts gross yield in solid territory relative to $306K acquisition costs.
You know 82637 now. You don’t know where it ranks.
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