County FMR · HUD FY2026
Teton County Fair Market Rent
HUD's FY2026 Fair Market Rent for Teton County, WY - 31% above the US average.
- $1,260
- 1-bedroom FMR
- $1,653
- 2-bedroom FMR
- +5.5%
- YoY change
- +31%
- vs US avg
The verdict
Teton is the 1st most expensive of 23 counties in Wyoming by 2-bedroom FMR; nationally it ranks #377 most expensive of 3,145 HUD counties; rent here has climbed 5.5% since FY 2025, a modest shift relative to most counties.
- #377
- most expensive of 3,145 US counties (2BR)
- #1
- most expensive of 23 in Wyoming (2BR)
- +53%
- vs the state average
- $50,400
- income to afford it (30% rule)
Software Developers spend the smallest share of income on rent here (13.4%), while Fast Food and Counter Workers spend the most (53.6%).
FY 2026 HUD Fair Market Rent for Teton County, WY. Verify with HUD →
The Fair Market Rent for a 1-bedroom apartment in Teton County, Wyoming is $1,260 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $1,653/mo and a studio is $1,252/mo. This is 31% higher than the national average of $959 and 53% above the Wyoming average of $824.
Rent increased5.5% from FY 2025 ($1,194), outpacing inflation. A household needs about $50,400/year to stay under the 30% rent-to-income line.
Observed renter burden: 30.7% of the 3,610 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from HUD's FY2026 Fair Market Rent benchmark above.
Market slack: The ACS rental vacancy rate here is 11.4%, a loose rental market that typically gives renters more negotiating leverage than the FMR schedule alone implies.
Local labor market: The county's BLS unemployment rate has averaged 2.5% over the past 12 months, a tight labor market that typically supports steadier rent demand.
FY 2026 HUD Fair Market Rents in Wyoming. Population: 23,346. Population has held roughly steady over the past five years (+1.3%, Census ACS). That's faster than Wyoming's statewide growth of -0.4% over the same period.
FMR filing desk
Area TETON·COUNTY·WY·WY
Teton County, WY: $1,260/mo 1BR · #377 of 3145 counties (2BR) · FY2026
- FMR-AREA WY
- 1BR-FMR $1,260
- 2BR-FMR $1,653
- RANK-MID #377
- YOY-SURGE +5.5%
- VSUS-HIGH +31%
- VS-ST-HIGH +53% WY
- INC-ROOM 13%
- POP-SMALL 23K
- PHOTO-NEAR Laramie County
- VOUCH-90-110 $1,134–$1,386
- FY-2026 FY2026
Photo-finish peer: Laramie ($343 1BR gap)
Read with: Understanding rent burden
Fair Market Rents (2026)
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,186 | $1,252 | +$66 (+5.6%) |
| 1 Bedroom | $1,194 | $1,260 | +$66 (+5.5%) |
| 2 Bedroom | $1,568 | $1,653 | +$85 (+5.4%) |
| 3 Bedroom | $2,090 | $2,216 | +$126 (+6.0%) |
| 4 Bedroom | $2,607 | $2,730 | +$123 (+4.7%) |
Rent Burden Analysis
How much of household income goes to rent in Teton County. The 30% threshold indicates cost burden.
How we calculate this
Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.
Where Teton sits among every US county
2-bedroom Fair Market Rent vs. all 3,145 HUD counties
$1,653 Top 12% higher than 88% of 3,145 counties
Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026
How Teton compares on 1-bedroom rent
1-bedroom FMR vs other Wyoming counties
- Teton
Teton County
$1,260 1BR FMR / mo
- Laramie
Laramie County
$917 1BR FMR / mo
- Campbell
Campbell County
$896 1BR FMR / mo
- Sweetwater
Sweetwater County
$854 1BR FMR / mo
- Natrona
Natrona County
$852 1BR FMR / mo
- Albany
Albany County
$786 1BR FMR / mo
- Fremont
Fremont County
$753 1BR FMR / mo
What this shows Teton is highlighted. Nearby Wyoming counties by 1-bedroom FMR, highest to lowest: Teton County (this county) ($1,260), Laramie County ($917), Campbell County ($896), Sweetwater County ($854), Natrona County ($852), Albany County ($786), Fremont County ($753).
Can Common Jobs Afford Rent Here?
Against a high local FMR of $1,260/mo, which of 15 common occupations still clear the 30% line using Wyoming BLS wages?
| Occupation | WY Salary | Rent Burden | Verdict |
|---|---|---|---|
| Software Developers | $112,590 | 13.4% | Affordable |
| General & Operations Managers | $94,900 | 15.9% | Affordable |
| Registered Nurses | $81,790 | 18.5% | Affordable |
| Accountants & Auditors | $77,400 | 19.5% | Affordable |
| Electricians | $73,450 | 20.6% | Affordable |
| Police & Sheriff's Patrol Officers | $65,180 | 23.2% | Affordable |
| Elementary School Teachers | $61,560 | 24.6% | Affordable |
| Heavy & Tractor-Trailer Truck Drivers | $60,270 | 25.1% | Affordable |
| Paralegals & Legal Assistants | $49,980 | 30.3% | Stretched |
| Pharmacy Technicians | $46,490 | 32.5% | Stretched |
| Customer Service Representatives | $39,360 | 38.4% | Stretched |
| Janitors & Cleaners | $35,580 | 42.5% | Stretched |
| Teaching Assistants | $34,410 | 43.9% | Stretched |
| Retail Salespersons | $31,450 | 48.1% | Stretched |
| Fast Food & Counter Workers | $28,200 | 53.6% | Unaffordable |
Rent Trends (2020–2026)
7-year Fair Market Rent history for Teton County. Shows how HUD rental rates have changed over time.
Over the 6-year span HUD has tracked for Teton (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 13.7% overall, from $1,108 to $1,260. Most of that movement was gradual except for a single sharp jump of +12.3% in FY 2024, well above this county's typical year-to-year change.
| Year | Studio | 1 BR | 2 BR |
|---|---|---|---|
| FY 2026 ↑5.5% | $1,252 | $1,260 | $1,653 |
| FY 2025 ↓10.0% | $1,186 | $1,194 | $1,568 |
| FY 2024 ↑12.3% | $1,317 | $1,326 | $1,742 |
| FY 2023 ↑2.0% | $1,174 | $1,181 | $1,490 |
| FY 2022 ↓0.3% | $1,151 | $1,158 | $1,408 |
| FY 2021 ↑4.9% | $1,078 | $1,162 | $1,325 |
| FY 2020 | $942 | $1,108 | $1,261 |
Part of the Jackson, WY-ID Micro Area
Teton County is a central county of the Jackson, WY-ID micropolitan statistical area, alongside 1 other micro-area county.
Teton County ranks #1 of 2 counties in this metro area by 1-bedroom FMR. Every county sharing this metro, highest to lowest: Teton County (this county) ($1,260), Teton County ($1,143).
Nationwide peers by 2BR FMR & rent burden
Two PlainRent-derived comparison paths for Teton County, both outside Wyoming so the link neighborhoods are not the same-state geography lattice above. Axes stay disjoint: burden peers exclude the FMR peer set.
Similar 2-bedroom FMR
Nearest HUD 2BR Fair Market Rents outside WY (FY2026).
Similar rent burden
Nearest 2BR FMR as a share of median household income (outside WY).
Nearby Counties in Wyoming
Largest counties by population in Wyoming
Showing the 8 largest of 22 other counties in Wyoming.
Frequently Asked Questions
What is the average rent in Teton County?
The FY 2026 Fair Market Rent for a 1-bedroom in Teton County is $1,260 per month. A 2-bedroom is $1,653 and a studio is $1,252.
How does Teton County rent compare to the national average?
Rent in Teton County is 31% above the national average. A 1-bedroom here costs $1,260 compared to $959 nationally.
Where does Teton County rank nationally for Fair Market Rent?
According to HUD's FY 2026 Fair Market Rent schedule, Teton County's 2-bedroom FMR of $1,653 ranks #377 most expensive among 3,145 HUD counties, placing it in the upper-rent quarter of HUD counties.
What income do I need to afford rent in Teton County?
Based on the 30% affordability rule, you need an annual income of at least $50,400 ($4,200/month) to afford a 1-bedroom at Fair Market Rent in Teton County.
Is rent going up or down in Teton County?
The 1-bedroom Fair Market Rent in Teton County increased by 5.5% from FY 2025 to FY 2026, going from $1,194 to $1,260.
Which jobs can afford rent in Teton County?
Based on Wyoming BLS salary data and the 30% affordability rule, jobs like Software Developers, General and Operations Managers, Registered Nurses can afford a 1-bedroom at $1,260/mo. 8 of 15 common occupations are affordable here.
How much has rent changed in Teton County over time?
The 1-bedroom Fair Market Rent in Teton County went from $1,108 in FY 2020 to $1,260 in FY 2026, a total change of +13.7% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Teton County?
In Teton County, the FY 2026 FMR of $1,260/mo for a 1-bedroom sets the baseline that local housing authorities use for Section 8 payment standards.
What does Fair Market Rent mean for Teton County?
For Teton County, it's the specific 40th-percentile rent HUD publishes each year ($1,260/mo for a 1-bedroom in FY 2026).
Is the rental market tight or loose in Teton County?
The ACS rental vacancy rate here is 11.4%, a loose rental market that typically gives renters more negotiating leverage than the FMR schedule alone implies.
What is the unemployment rate in Teton County?
The county's BLS unemployment rate has averaged 2.5% over the past 12 months, a tight labor market that typically supports steadier rent demand.
Data sources
What this means for renters
Treat Teton's FY2026 Fair Market Rent as HUD's affordability benchmark, not a single market quote.
- Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $1,260 implies about $50,400/yr to rent without being cost-burdened. Run your numbers
- Wyoming counties vary widely around this figure - compare specific counties before assuming this applies to yours. Compare vs Laramie
- See where Teton ranks nationally on rent. National rankings
Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. Actual asking rents can run higher or lower, and HUD updates FMRs once a year. This site is informational and not financial or relocation advice.
Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.