Median Home Price
$303,500.32
Median Rent
$1,264.62/mo
Price-to-Rent RatioBETTER
20.0
Property Tax RateTIE
0.61%
Price Change (1Y)
+2.6%
Price Change (5Y)
+13.2%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$155,687
Median Home PriceBETTER
$287,105.24
Median RentBETTER
$1,178.83/mo
Price-to-Rent Ratio
20.3
Property Tax RateTIE
0.61%
Price Change (1Y)BETTER
+4.1%
Price Change (5Y)BETTER
+20.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$108,727
Key Differences
Home Prices
Casper's median home price of $303,500.32 is higher than Rock Springs's $287,105.24 by 6%.
Monthly Rent
Renting in Casper costs $1,264.62/mo compared to $1,178.83/mo in Rock Springs—a difference of $85.79/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.