How many renters live in Washakie County, Wyoming?
The County of Washakie County has people living in households.
There are renters living in renter households in this County. Renters make up 22.58 percent of the population living in Washakie County.
What is the rental market like in Washakie County, Wyoming?
There are an estimated housing units in the Washakie County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Washakie County, Wyoming, there are 1.22 rental units.
What is the vacancy rate for rentals in Washakie County?
The rental vacancy rate in Washakie 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 Washakie County for each bedroom size?
Occupied Rental Units by Size in Washakie County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 5 | 141 | 603 | 133 | 66 |
Occupied Rental Units by Size in Washakie County
A large number of apartments in Washakie 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 Washakie County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $684 to $1,409. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $684 |
| One BR | $689 |
| Two BR | $905 |
| Three BR | $1,275 |
| Four BR | $1,409 |
2024 Fair Market Rents in Washakie County, Wyoming
How many units are rented at Fair Market Rent (FMR) in Washakie 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 | 115 | 82 percent |
| Two BR | 375 | 62 percent |
Rental Units Below FMR in Washakie County, Wyoming
How many affordable rental units are in Washakie County?
There are a variety of federal affordable housing programs serving households in Washakie County, Wyoming including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Washakie County, Wyoming
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Washakie County, Wyoming
Washakie 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 Washakie County, Wyoming
There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Washakie County.
Housing Choice Vouchers in Washakie County, Wyoming
On average, Section 8 Housing Choice vouchers pay Washakie County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Washakie County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Washakie County, Wyoming for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.