Real Estate Investing in Beulah, Wyoming (82712)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Crook County • Population: 293 • Data updated: September 2026

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Should you buy in 82712 (Beulah, WY)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 33.5% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 53.7 — hard to cash-flow at these prices.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Beulah, WY (82712)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $625,816
Avg Monthly Rent $972
1% Rule ✗ Does Not Meet
Median Income N/A
% Renters 23.8%

Market Analysis: 82712 Beulah

The 82712 ZIP covers a section of Beulah that demands careful diligence. Prices near $626K look accessible, but the work to make a deal cash flow is real.

Rent of $972/mo on a $626K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 82712 sits below the stated 0.0% once reality is priced in.

Put differently, 82712 offers a low basis, the region around Beulah has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

Resident income in 82712 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Beulah:

Affordability
Affordable
Homes cost × the median income
Value Trend
Rising (+7.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $972/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Gillette, WY Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
8.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Gillette, WY metro data

Market Trends

Home Value History (with trend line)

$650K$580K$510K$439K$369K$299KJan 2016May 2021Jul 2026

📊 How Does 82712 Compare?

Metric 82712 Beulah Gillette, WY Wyoming
Home Value $625,816 $625,816 N/A $359,462
5-Year CAGR 7.4% 7.4% N/A 6.2%
Avg Rent $972 $972 N/A -
Cap Rate 1.2% 1.2% - -
💡 Why Invest in 82712? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 82712 (Beulah, WY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
1.2%
Low
5yr Growth
+7.4%
Strong

📉 Market Crash Risk Index

Based on Gillette, WY metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
51%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $625,816
Monthly Rent $972
Price-to-Rent 53.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 1.9%
Cap Rate 1.2%
5-Year IRR 8.6%

📈 Home Appreciation

1-Year +7.2% ▲
3-Year CAGR +9.3% ▲
5-Year CAGR +7.4% ▲
10-Year CAGR +6.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.2%). 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.

Vacancy
33.5%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.4%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 82712

Population: 293

💰 Median Household Income
N/A
🏠 Renter Occupied
23.8%
This area
23.8%
State
22.9%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-25.4%
USA
3.7%
🎓 College Educated
39.8%
This area
39.8%
State
-7.9%
USA
33.7%
👤 Median Age
46.5 years
This area
46.5 years
State
-60.3 years
USA
38.9 years
🏚️ Vacancy Rate
33.5%
This area
33.5%
State
25.9%
USA
10.5%
👥 Population by Ethnicity
White 100.0%
👶 Under 18
19.0%
This area
19.0%
USA
22.0%
👴 65 and Over
43.3%
This area
43.3%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
USA
11.5%

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

🎓 Nearby Colleges & Universities

1 Nearby 163 Off-Campus Students
C
Black Hills State University
3,475 students · 12.6 mi

Frequently Asked Questions

How much does a house cost in Beulah, WY?

In Beulah, WY the median home value sits at $626K. Against the broader WY market, that reads as reasonable for most investors.

What is the tenant pool like in Beulah, WY?

Expect a solid tenant pool in Beulah, WY. The rental market absorbs $972/mo rents without meaningful friction.

What is the best play in Beulah, WY?

Beulah, WY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($626K prices, $972/mo rents) make it a reasonable choice.

How do landlord-tenant laws work in Beulah, WY?

WY law landlord-friendly for landlords, and Beulah inherits those rules. Investors should still review local ordinances for rental licensing.

Is house hacking profitable in Beulah, WY?

House hacking in Beulah, WY is reasonable to execute. Prices around $626K and rents of $972/mo solid owner-occupant economics.

You know 82712 now. You don’t know where it ranks.

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How 82712 ranks in Gillette, WY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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