Casper, Wyoming Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Casper, Wyoming rental market.

Casper, Wyoming

Average Apartment Rent

$1,198

Y-o-Y Change in Average
Apartment Rent

0.9%

As of May 2026

Compared to a year ago, Casper, Wyoming apartments have recorded a 0.9% rent increase.

Casper, Wyoming Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Casper $1,095 $1,066 $1,096 $1,151 $1,116 $1,121 $1,189 $1,172 $1,177
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Casper
National
Jul 2023
$1,095
$1,741
Nov 2023
$1,066
$1,732
Mar 2024
$1,096
$1,736
Jul 2024
$1,151
$1,756
Nov 2024
$1,116
$1,749
Mar 2025
$1,121
$1,755
Jul 2025
$1,189
$1,767
Nov 2025
$1,172
$1,753
Mar 2026
$1,177
$1,750

Casper, Wyoming Average Apartment Rent

Casper, Wyoming Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 52.75%, apartments priced $1,000 - $1,500 represent the bulk of Casper, Wyoming rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 1.29%.

Casper, Wyoming Housing tenure**

Renter occupied housing units 7,623
Owner occupied housing units 17,473

Renters take up 30% of Casper, Wyoming real estate, occupying a total of 7,623 units, while homeowners live in 17,473 properties.

Median number of rooms of renter-occupied housing units**

4.1

Renter median household income**

$38,587

Average household size of renter-occupied housing units**

2.06

Rental vacancy rate**

9.1%

Casper, Wyoming Renter-occupied housing units by no. of bedrooms**

No bedrooms 313
1 bed 1,850
2 beds 3,342
3 beds 1,598
4 beds 447
5 or more beds 73

There are 3,342 rentals in Casper, Wyoming with 2 beds making up the highest share of the market, at 44%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 73 units. Overall, the median number of rooms in Casper, Wyoming homes for rent is 4.1.

Casper, Wyoming Renter-occupied units by age of householder**

15 - 24 years 1,256
25 - 34 years 2,615
35 - 44 years 1,116
45 - 54 years 1,075
55 - 59 years 321
60 - 64 years 174
65 - 74 years 633
75 - 84 years 205
85 years and over 228

Most condos for rent in Casper, Wyoming are occupied by residents in the 25 - 34 years age group (34%), followed by those in the 15 - 24 years age group (16%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 2%.

Casper, Wyoming Renter-occupied housing units by family type**

Family households 3,392
Non-Family Households 4,231

Casper, Wyoming Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 2,395
No related children of the householder under 18 5,228

A total of 3,392 apartments for rent in Casper, Wyoming, or 44% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 2,395 units. All in all, the median size of a renter-occupied household in Casper, Wyoming is 2.06.

Casper, Wyoming Renter-occupied housing units by educational attainment**

Less than high school graduate 543
High school graduate (including equivalency) 2,215
Some college or associate's degree 3,721
Bachelor's degree or higher 1,144

In terms of education, renters holding bachelor degrees or higher make up 15% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Casper, Wyoming.

Casper, Wyoming Renter-occupied units by year structure built**

Built 2020 or later 118
Built 2010 - 2019 1,098
Built 2000 - 2009 591
Built 1990 - 1999 539
Built 1980 - 1989 1,032
Built 1970 - 1979 1,564
Built 1960 - 1969 935
Built 1950 - 1959 620
Built 1940 - 1949 295
Built 1939 or earlier 831

The highest share of Casper, Wyoming apartment rentals, namely 21% or 1,564 units, were Built 1970 - 1979, followed by those Built 2010 - 2019 (14%, 1,098 units), and the ones Built 1980 - 1989 (14%, 1,032 units).

Casper, Wyoming Renter-occupied units by year householder moved in**

Moved in 2021 or later 1,116
Moved in 2018 to 2020 3,312
Moved in 2010 to 2017 2,692
Moved in 2000 to 2009 403
Moved in 1990 to 1999 64

Median year renter moved into unit 2019

Most Casper, Wyoming renters (43%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Casper, Wyoming condos for rent is 2019.

Casper, Wyoming Renter-occupied housing units by vehicles available**

No vehicle available 916
1 vehicle available 3,627
2 vehicles available 2,180
3 vehicles available 715
4 or more vehicles available 185

When it comes to transportation options, 48% of Casper, Wyoming renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 12% have No vehicle available.

Casper, Wyoming Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 6,720
Car, truck, or van - carpooled 528
Public transportation (excluding taxicab) 114
Walked 275
Taxicab, motorcycle, bicycle, or other means 106
Worked at home 678

Casper, Wyoming Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 10,939
Moved within same county 2,123
Moved from different county within same state 353
Moved from different state 1,926
Moved from abroad 124

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Casper, Wyoming apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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