Mortgage payment estimates, closing cost breakdowns, and homebuying data for Rock Springs, Wyoming.
Pre-filled with Rock Springs median home price and Wyoming tax/insurance rates. Adjust for your property.
Estimated closing costs based on Wyoming rates and fees applied to Rock Springs prices.
The median home price in Rock Springs is $235,000, 31% below the Wyoming state median of $340,000. With a population of 23,036, Rock Springs 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 Rock Springs 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 Rock Springs is $950/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.
Rock Springs 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.