Cost of Living in Fremont County, Wyoming

$858/mo
Median Monthly Rent
$252,700
Median Home Value

At a Glance

Median Monthly Rent
$858/mo
8% below state average
Median Home Value
$252,700
10% below national
Rent-to-Income Ratio
25.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Fremont County Compares

Median monthly rent comparison

Fremont County$858/mo
Wyoming Average$937/mo
National Median$1,163/mo

Detailed Housing Stats

$858/mo
Median Gross Rent
$252,700
Median Home Value
$827/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Fremont County ranks #1,689 of 3,144 counties for affordability (bottom 46%)

Most AffordableLeast Affordable

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

Your rent-to-income ratio15.9%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,646Needed: $34,320
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,646Needed: $35,443
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,646Needed: $58,810

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

What is the cost of living in Fremont County, Wyoming?
Fremont County, Wyoming has a median monthly rent of $858/mo and a median home value of $252,700. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Fremont County?
The median gross rent in Fremont County is $858/mo. This is 8% below state average for Wyoming.
Is Fremont County affordable?
Fremont County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Fremont County's rent compare to the state average?
Fremont County's median rent of $858/mo is 8% below state average of $937/mo for Wyoming.
What is the median home value in Fremont County?
The median home value in Fremont County, Wyoming is $252,700. This is 10% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Fremont County, Wyoming? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Fremont County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.