Real Estate Investing in Rock Springs, Wyoming (82901)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 82901 (Rock Springs, 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: 14.5% of homes vacant — above national norms.
What’s happening in Rock Springs, WY (82901)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 82901 Rock Springs
ZIP 82901 in Rock Springs, WY carries a substantial set of headwinds. Home values near $295K and rents of $1,149/mo sit inside a market where underwriting has to be tight.
The investment case in 82901 is sturdy only for operators who understand what they are buying. A $295K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 82901 sits on the difficult end of the WY spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
The 82901 ZIP's population of 27,471 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
Distressed ZIPs reward experience. resilient returns are possible in 82901, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Rock Springs:
Property Strategy for 82901
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $143,384 | $850 | 4.3% | +5.4% | $143,384 |
| 2BR | $205,985 | $990 | 3.5% | +5.4% | $102,992 |
| 3BR | $309,441 | $1,260 | 2.9% | +5.2% | $103,147 |
| 4BR | $352,074 | $1,660 | 3.4% | +5.1% | $88,019 |
| 5BR | $469,885 | — | — | +5.4% | $93,977 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 82901 Compare?
| Metric | 82901 | Rock Springs | Rock Springs, WY | Wyoming |
|---|---|---|---|---|
| Home Value | $295,232 | $223,126 | N/A | $359,462 |
| 5-Year CAGR | 4.5% | 4.5% | N/A | 6.2% |
| Avg Rent | $1,149 | $1,020 | N/A | - |
| Cap Rate | 3.0% | 3.8% | - | - |
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 82901 (Rock Springs, WY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 82901 (Rock Springs, WY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $295,232 |
| Monthly Rent | $1,149 |
| Price-to-Rent | 21.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.0% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +3.0% ▲ |
🏠 Rent Trends
| 1-Year | -11.5% ▼ |
| 3-Year CAGR | -2.0% ▼ |
| 5-Year CAGR | +2.0% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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 82901
Population: 27,471
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 82901
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 investment strategy works best in Rock Springs, WY?
The best-fit strategy in Rock Springs, WY is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Rock Springs, WY landlord-friendly?
Rental owners in Rock Springs, WY deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Does Rock Springs, WY make sense for an investment property?
Investors tracking Rock Springs, WY will find a 3.0/5 rating supported by $295K median home values and $1,149/mo rents. That profile suits long-term holders targeting stable returns.
Is vacancy a concern in Rock Springs, WY?
Vacancy in Rock Springs, WY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,149/mo.
Is it easy to find good tenants in Rock Springs, WY?
Working renters make up the core of the Rock Springs, WY tenant base. The pool is reasonable for investors targeting long-term holds.
You know 82901 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 82901 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.
How 82901 ranks in Rock Springs, WY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 82901 (Rock Springs)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 82901 (Rock Springs, WY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.