Rental Market Trends in Torrington, WY
What is the average rent in Torrington, WY?
$714/month
Average Rent
730 Sq Ft
Average Apartment Size
+3%
Increase in the Last Year
As of December 2024, the average rent in Torrington, WY is $714 per month. This is 54% lower than the national average rent of $1,559/month, making renting in Torrington more affordable than most cities in the US. When you rent an apartment in Torrington, you can expect to pay about per month for a studio, $714 for a one-bedroom apartment, and around $723 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $870 or more.
How much has average rent changed in Torrington, WY?
In the past year, rent has increased by 3%, which averages out to $22 more per month.
What salary do I need to live comfortably in Torrington, WY?
Because the average rent in Torrington is $714, you’ll want to make about $2,380 per month or $28,560 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.
How does Torrington, WY compare to other nearby cities and neighborhoods?
Use the tool below to compare Torrington, 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.
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Methodology
† 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.
* Percentages may not total 100 due to rounding.