Laramie, Wyoming Rental Market Trends
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 Laramie, Wyoming rental market.
Laramie, Wyoming
Average Apartment Rent
$1,592
Y-o-Y Change in Average
Apartment Rent
4.4%
As of March 2026
Compared to a year ago, Laramie, Wyoming apartments have recorded a 4.4% rent increase.
Laramie, Wyoming Average apartment rent trend
Laramie, Wyoming Average Apartment Rent
Laramie, Wyoming Apartment rent ranges
At 26.91%, apartments priced $1,000 - $1,500 represent the bulk of Laramie, Wyoming rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 11.08%.
Laramie, Wyoming Housing tenure**
Renters take up 54% of Laramie, Wyoming real estate, occupying a total of 7,559 units, while homeowners live in 6,384 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$33,173
Average household size of renter-occupied housing units**
1.91
Rental vacancy rate**
5.4%
Laramie, Wyoming Renter-occupied housing units by no. of bedrooms**
There are 2,669 rentals in Laramie, Wyoming with 2 beds making up the highest share of the market, at 35%. Units with 5 or more beds, on the other hand, hold the lowest percentage (3%), amounting to 259 units. Overall, the median number of rooms in Laramie, Wyoming homes for rent is 4.2.
Laramie, Wyoming Renter-occupied units by age of householder**
Most condos for rent in Laramie, Wyoming are occupied by residents in the 15 - 24 years age group (48%), followed by those in the 25 - 34 years age group (28%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Laramie, Wyoming Renter-occupied housing units by family type**
Laramie, Wyoming Renter-occupied housing units by the presence of own children**
A total of 1,986 apartments for rent in Laramie, Wyoming, or 26% of all rentals are family households. Additionally, 10% of rental homes include children under the age of 18 – that’s 735 units. All in all, the median size of a renter-occupied household in Laramie, Wyoming is 1.91.
Laramie, Wyoming Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 39% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Laramie, Wyoming.
Laramie, Wyoming Renter-occupied units by year structure built**
The highest share of Laramie, Wyoming apartment rentals, namely 16% or 1,187 units, were Built 1970 - 1979, followed by those Built 1990 - 1999 (15%, 1,123 units), and the ones Built 1939 or earlier (14%, 1,091 units).
Laramie, Wyoming Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Laramie, Wyoming renters (58%) moved in 2018 to 2020, while only 1% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Laramie, Wyoming condos for rent is 2019.
Laramie, Wyoming Renter-occupied housing units by vehicles available**
When it comes to transportation options, 41% of Laramie, Wyoming renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 12% have 3 vehicles available.
Laramie, Wyoming Means of transportation to work of householders living in renter-occupied housing units**
Laramie, Wyoming Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Laramie, 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
