Rentometer, Inc. | Data as of 10/22/2025
Albany County, nestled in southeastern Wyoming, offers a balanced blend of small‑town charm and vibrant cultural life. Centered around the historic city of Laramie, the county is home to the University of Wyoming, a lively downtown area, and easy access to the Medicine Bow National Forest and the scenic Laramie River. Residents enjoy a mix of historic neighborhoods, modern developments, and plenty of outdoor recreation, making the area attractive to students, professionals, and families alike.
The rental market reflects this diversity, with both apartments and single‑family homes available across a broad price spectrum. One‑bedroom apartments tend to average in the $1,100 range, while larger four‑plus‑bedroom houses reach the $2,200‑$2,300 bracket. This variety accommodates a wide range of budgets and lifestyle preferences, from compact urban units near campus to spacious family homes on quiet suburban streets. The overall market is characterized by stable demand, a mix of newer constructions and well‑maintained older properties, and competitive pricing that remains below many larger metropolitan areas.
Notable neighborhoods such as Downtown Laramie, the historic Sun Valley district, and the family‑friendly North Laramie area offer easy access to parks, museums, and dining options. Proximity to the university ensures a steady flow of renters seeking convenient housing, while nearby outdoor attractions like Vedauwoo and the Snowy Range draw seasonal residents and vacation renters. Whether you’re looking for a cozy apartment steps from campus or a spacious house near outdoor adventure hubs, Albany County’s rental landscape provides a welcoming and adaptable environment for all renters.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,112 | $1,200 | $550 - $1,500 | $900 - $1,500 |
| Apartment | 2 Bedroom | $1,217 | $1,000 | $789 - $1,900 | $900 - $1,500 |
| Apartment | 4+ Bedroom | $1,169 | $1,350 | $559 - $1,600 | $559 - $1,600 |
| House | 1 Bedroom | $1,070 | $1,000 | $700 - $1,500 | $700 - $1,400 |
| House | 2 Bedroom | $1,527 | $1,500 | $900 - $2,300 | $1,150 - $1,749 |
| House | 3 Bedroom | $2,081 | $2,000 | $1,050 - $3,495 | $1,865 - $2,399 |
| House | 4+ Bedroom | $2,294 | $2,199 | $1,500 - $3,600 | $2,000 - $2,500 |
In the current period, the average rent in Albany was
$1,085 for 1 Bedroom,
$1,479 for 2 Bedroom,
$2,082 for 3 Bedroom, and
$2,107 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.