The typical home in Casper, WY is worth about $300,000.
With 20% down that's a loan near $240,000 — the calculator
is pre-filled with that figure. Casper sits at the center of Wyoming's oil, natural gas, and wind-energy industries, and local home prices swing more closely with energy-sector employment than with national housing trends.
$1,558.23 / month
Total interest
$320,964
Total paid
$560,964
Payoff
30.0 years
How much you need to earn
Casper, WY's median household income is about
$68,000 a year. Under standard 28/36
lending rules that supports a home price around
$260,997 with 20% down —
below the $300,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Casper, WY is about $1,200 a month, so owning the median home costs roughly
$640 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Casper, WY?
On the metro's roughly $300,000 typical home with 20% down, the loan is about $240,000. Principal and interest run near $1,558 a month at today's rate, and Casper, WY's property tax plus insurance add about $282, for a full payment near $1,840.
Can I afford a home in Casper, WY on the median income?
The median household income is about $68,000 a year. Under standard 28/36 lending rules that supports a home price around $260,997 with 20% down — below the $300,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Casper, WY?
Typical asking rent is about $1,200 a month. The full owner payment on a median home is near $1,840, so owning costs roughly $640 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Casper, WY?
The effective property tax rate in the core county is about 0.56% of market value — roughly $1,680 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Casper, WY rising or falling?
Home values are roughly flat over the past year. Casper sits at the center of Wyoming's oil, natural gas, and wind-energy industries, and local home prices swing more closely with energy-sector employment than with national housing trends.