The Social Laramie
2024 Binford St,
Laramie, WY 82072
4 Beds | $499 - $539
Rental Market Trends in Laramie, WY
Updated July 2026
The average rent in Laramie, WY is $795/month.
Rent in Laramie is 52% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.
$795/month
Average Rent
516 Sq Ft
Average Size
+1.6%
Change / Year
95
Available Apartments
Laramie rent varies by unit size and layout:
- Studio apartments in Laramie average $681 per month.
- One-bedroom apartments in Laramie average $795 per month.
- Two-bedroom apartments in Laramie average $991 per month.
- Three-bedroom apartments in Laramie average $1,319 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Laramie, WY?
In the past year, rent has increased by 1.6%, which averages out to $13 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Laramie, WY
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
7%
Below $700/month
67%
$700 - $1,000/month
13%
$1,001 - $1,500/month
13%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Laramie?
Based on current rent prices, Downtown Laramie is the most affordable neighborhood in Laramie.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Laramie?
Based on current rent prices, Downtown Laramie is the most expensive neighborhood in Laramie.
Neighborhood
Average Rent
Average Sq Ft
Which Laramie neighborhoods have the most rentals available?
The neighborhood in Laramie with the most apartments available is Downtown Laramie .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Laramie, WY?
Because the average rent in Laramie is $795, you’ll want to make about $2,650 per month or $31,800 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Laramie, WY is 8.0% lower than the national average. Generally, housing in Laramie is 19.2% less expensive than the national average, with rent falling between $681 - $1,319. You can expect to pay 2.0% less for groceries, 5.2% less for utilities, and 11.6% less for transportation.
How does Laramie, WY compare to other nearby cities and neighborhoods?
Use the tool below to compare Laramie, WY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Laramie Area GuideStudio
$669/month
$669/month
One Bedroom
$844/month
$844/month
Two Bedroom
$1,011/month
$1,011/month
Three Bedroom
$1,613/month
$1,613/month
Apartment Communities in Laramie We Think You'll Love
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Frequently Asked Questions
What is the average rent in Laramie?
The average rent in Laramie is $795 per month, which is 52.2% lower than the national average of $1,662.
What is the average rent for a house in Laramie?
The average rent for a house in Laramie, WY is $1,633 per month.
What is the average rent for a condo in Laramie?
The average rent for a condo in Laramie, WY is $910 per month.
Are rents going up or down in Laramie?
Rents in Laramie, WY are increasing, with prices up 1.6% year-over-year and $13 more per month.
What rent range is most common in Laramie?
In Laramie, WY, 67% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.