How many renters live in Goshen County, Wyoming?
The County of Goshen County has 12,592 people living in 5,069 households.
There are 2,646 renters living in 1,254 renter households in this County. Renters make up 21.01 percent of the population living in Goshen County.
What is the rental market like in Goshen County, Wyoming?
There are an estimated 5,866 housing units in the Goshen County area. Of these, 1,483 units are rental homes, making up 25 percent of the housing market. For every renter household in Goshen County, Wyoming, there are 1 rental units.
What is the vacancy rate for rentals in Goshen County?
The rental vacancy rate in Goshen County is 15 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Goshen County for each bedroom size?
Occupied Rental Units by Size in Goshen County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 269 | 509 | 300 | 133 |
Occupied Rental Units by Size in Goshen County
A large number of apartments in Goshen County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Goshen County are overburdened by housing costs?
Among renter households in this market, 30 percent have housing cost burden. Further, 14 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Goshen County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $706 to $1,534. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $706 |
| One BR | $711 |
| Two BR | $934 |
| Three BR | $1,222 |
| Four BR | $1,534 |
2024 Fair Market Rents in Goshen County, Wyoming
How many units are rented at Fair Market Rent (FMR) in Goshen County?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| One BR | 225 | 84 percent |
| Two BR | 381 | 75 percent |
Rental Units Below FMR in Goshen County, Wyoming
How many affordable rental units are in Goshen County?
There are a variety of federal affordable housing programs serving households in Goshen County, Wyoming including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 93 |
| Section 8 Project-Based Rental Assistance | 59 |
| Section 202 Supportive Housing for the Elderly | 39 |
| USDA Section 515 Rural Rental Housing | 57 |
Tracked Units by Federal Program in Goshen County, Wyoming
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Goshen County, Wyoming
Goshen County features 97 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Goshen County, Wyoming
There are 76 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Goshen County.
Housing Choice Vouchers in Goshen County, Wyoming
On average, Section 8 Housing Choice vouchers pay Goshen County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Goshen County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Goshen County, Wyoming for a two-bedroom apartment is between $841 and $1,027.
Sourced from federal housing data and AffordableHousingOnline.com research.
