How many renters live in Big Horn County, Wyoming?
The County of Big Horn County has people living in households.
There are renters living in renter households in this County. Renters make up 20.57 percent of the population living in Big Horn County.
What is the rental market like in Big Horn County, Wyoming?
There are an estimated housing units in the Big Horn County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Big Horn County, Wyoming, there are 1.17 rental units.
What is the vacancy rate for rentals in Big Horn County?
The rental vacancy rate in Big Horn County is 12 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 Big Horn County for each bedroom size?
Occupied Rental Units by Size in Big Horn County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 4 | 151 | 388 | 317 | 91 |
Occupied Rental Units by Size in Big Horn County
A large number of apartments in Big Horn County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Big Horn County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $744 to $1,430. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $744 |
| One BR | $747 |
| Two BR | $905 |
| Three BR | $1,133 |
| Four BR | $1,430 |
2024 Fair Market Rents in Big Horn County, Wyoming
How many units are rented at Fair Market Rent (FMR) in Big Horn 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 |
| Studio | 0 | 100 percent |
| One BR | 96 | 64 percent |
| Two BR | 204 | 53 percent |
Rental Units Below FMR in Big Horn County, Wyoming
How many affordable rental units are in Big Horn County?
There are a variety of federal affordable housing programs serving households in Big Horn County, Wyoming including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Big Horn County, Wyoming
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Big Horn County, Wyoming
Big Horn County features 57 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 Big Horn County, Wyoming
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Big Horn County.
Housing Choice Vouchers in Big Horn County, Wyoming
On average, Section 8 Housing Choice vouchers pay Big Horn County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Big Horn County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Big Horn County, Wyoming for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.