Niobrara County

WyomingPopulation: 2,460
72
/100
Buy
#819 of 3,073 counties
#2 in Wyoming (23 counties)
Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring
Updated January 1, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$187,035
Median Home Price
20% below the median US county
$11,044/mo
Est. Rent
Based on regional data
5.90%
Annual Rent-to-Price Ratio
Estimated from price data
+$0
Est. Monthly Cash Flow
With 20% down at 7.4% rate

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
72/100
72
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
84/100

Based on 4.3% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
78/100

Price-to-income ratio of 3.4x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Affordable relative to local incomes

Challenges

  • -Negative leverage (cap rate 0.0% < mortgage rate 7.4%)
  • -Limited rent data (estimates used)

Economic Indicators

Population
2,460
Median Income
$54,375
vs $54,645 national est.
Unemployment Rate
—
Data pending
Price-to-Income
3.4x
Moderately affordable

Who this market fits

Skip if
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Wyoming counties with similar scores

CountyVerdict
CurrentNiobraraWY
72$187,035Est. pending—Buy
WashakieWY
69$280,164Est. pending—BuyView
Big HornWY
68$295,214Est. pending—BuyView
UintaWY
66$338,054Est. pending—BuyView
CarbonWY
64$216,232$1,0255.69%BuyView
Hot SpringsWY
64$244,785Est. pending—BuyView

Section 8 in Niobrara County: payment standards by ZIP, PHA waitlist status, and voucher counts are on VoucherMatch, the same HUD dataset with the tenant demand side attached.

The Bottom Line

BuyNiobrara offers solid investment potential with roughly break-even cash flow at typical financing.

Niobrara County in Wyoming scores 72/100, ranking #819 of 3,073 US counties (top 27%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow
+$0/mo
Cap Rate
0.0%
Cash-on-Cash
0.0%

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