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Mortgage Calculator &
Closing Costs: Evanston, WY

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Evanston, Wyoming.

Median Home Price
$225K
Population
12K
Avg Monthly Rent
$880
Property Tax Rate
0.61%
Evanston vs Wyoming Median
The median home price in Evanston is $225,000, which is 34% below the Wyoming state median of $340,000.

Mortgage Calculator — Evanston, WY

Pre-filled with Evanston median home price and Wyoming tax/insurance rates. Adjust for your property.

$
$45,000
%
%
years
WY avg
%
$
Monthly Payment (PITI)
$1,402
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$1,138
per month
Taxes & Insurance
$264
per month
Total Interest Paid
$230K
over 30 years
Total Loan Cost
$410K
all payments
Payment Breakdown
Loan Amount$180,000
Principal & Interest$1,138
Property Taxes$114
Homeowners Insurance$150
Total Monthly PITI$1,402

Closing Costs — Evanston, WY

Estimated closing costs based on Wyoming rates and fees applied to Evanston prices.

$
%
Wyoming: Avg closing costs 1.1% of price. Transfer tax: 0%.
Estimated Closing Costs
$7,947
3.5% of purchase price
Lender Fees
$2,045
origination, underwriting
Third-Party
$2,575
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$3,327
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,620
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,425
Recording Fee$150
Prepaid Taxes (3 mo)$343
Prepaid Insurance (12 mo)$1,800
Prepaid Interest (15 days)$541
Escrow Reserves$643
Total Closing Costs$7,947

Buying a Home in Evanston, Wyoming

The median home price in Evanston is $225,000, 34% below the Wyoming state median of $340,000. With a population of 11,689, Evanston is a smaller market where home prices tend to be more accessible than in many parts of Wyoming.

Property taxes in Wyoming average 0.61% annually. This low property tax rate is a significant advantage for Evanston buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Wyoming runs approximately $1,800 per year. This is within the normal range nationally.

Average rent in Evanston is $880/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.

Evanston offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Wyoming's WCDA Spruce Up Wyoming program.

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Compare total costs of renting vs buying in Evanston.
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