Cost of Living in Fremont County, Wyoming
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Fremont County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Fremont County ranks #1,689 of 3,144 counties for affordability (bottom 46%)
Data Story
About Cost of Living in Fremont County, Wyoming
Fremont Rents Remain Accessible
Fremont County renters spend 15.9% of income on rent, slightly above the national average of roughly 13–15%, but still manageable. With a median household income of $64,646—14% below the national median of $74,755—Fremont residents face modest affordability constraints typical of rural Wyoming counties.
Slightly Above State Average
Fremont's 15.9% rent-to-income ratio sits 0.4 percentage points above Wyoming's state average of 15.5%, placing it near the middle of county affordability rankings. Rents at $858 monthly stay below the state median of $937, helping contain housing cost burdens.
Lowest Rents in the Region
Fremont's $858 monthly rent is the lowest among all eight counties, undercutting Goshen ($759) in the rental market overall. The county's $252,700 median home price ranks mid-tier among peers, offering reasonable entry points for buyers despite below-average incomes.
Modest Costs Offset Lower Incomes
Fremont renters spend $858 monthly (15.9% of $64,646 income), while homeowners pay $827—one of the lowest ownership costs statewide. The narrow gap between tenure types and low absolute housing costs make Fremont accessible across both renting and buying households.
Wyoming's Hidden Affordability Gem
Fremont County delivers exceptional value: the lowest rents among these eight counties ($858) paired with minimal homeownership costs ($827/month). If you prioritize low cost of living and don't require above-average incomes, Fremont offers some of Wyoming's best housing affordability.
Cost of Living Advisory: Fremont County
Affordability Verdict
For renters in Fremont County, the market is affordable. Expect to pay around $858/month in gross rent, with 25.0% of renter households considered cost-burdened.
Rent vs. Own
Renters in Fremont County pay $858/month on average, compared to $827/month for homeowners. This market favors buyers by about 4%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,320/year. For owner costs at the 28% rule, the required income is roughly $35,443/year. With a median household income of $64,646, most households can comfortably afford rent here. Notably, 25.0% of renter households in Fremont County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Fremont County sits 6% less expensive than Sweetwater County ($913/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Fremont County
Rent Burden
15.9%
of gross income
Max Housing (28% Rule)
$1,508
per month
Owner Cost Burden
15.4%
of gross income
The median home in Fremont County may be a stretch
Median home value is $252,700. Estimated monthly cost: $2,017 vs. your max of $1,508.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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