Rent vs. Buy in Sublette County, WY

Should you rent or buy in Sublette County? Here are the numbers.

Median Home Price

$339,400

Median Rent

$985/mo

Price-to-Rent Ratio

28.7x

Homeownership Rate

82.9%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$1,716
Property Tax$116
Insurance$113

Total Monthly$1,945

Renting

Monthly Rent$985
Renter's Insurance$25

Total Monthly$1,010

In Sublette County, buying costs approximately $960/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About Sublette County, Wyoming

Sublette County in Wyoming has a median household income of $85,960 and an effective property tax rate of 0.4%. With a price-to-rent ratio of 28.7x, renting may be more cost-effective in the short term.

These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.

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Other Counties in Wyoming

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.