Casper, WY

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Casper short-term rental market based on reliable data.

Listings

159 / 361

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$23,321

Middle-Earners Revenue

Occupancy

63%

Middle-Earners Occupancy

Home Value

$300,209

Median Home Sale Price

Top Earners

$40,994

Top-Earners Revenue

Casper

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Casper.

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A

Very Investor friendly

Casper Regulations

Casper allows short‑term rentals citywide in most residential zones and does not require a specific STR registration—only a standard business license, basic safety compliance, and standard taxes. There are no municipal caps, caps on total units, or onerous reporting; the city’s tone is permissive and business‑friendly, making compliance straightforward and investment risk low.

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About Casper

Casper, Wyoming, is a city located in Natrona County and serves as the county seat. With a population of approximately 58,000 residents, Casper is the second-largest city in the state. The city is situated about 178 miles northwest of the state's capital, Cheyenne, making it accessible within a few hours by car.

Casper is known for its picturesque landscapes, outdoor recreational activities, and historical significance, making it an appealing destination for short-term rental seekers. Notable landmarks and attractions include:

  1. Casper Mountain - Known for its hiking, skiing, and camping opportunities, Casper Mountain offers a variety of outdoor activities year-round. Hikers and nature enthusiasts can explore trails like the Braille Trail and the Bridle Trail. More information can be found on the Casper Mountain website.

  2. Nicolaysen Art Museum - This museum showcases a diverse range of contemporary art through both permanent collections and rotating exhibits. It provides cultural enrichment to residents and visitors alike. Check out the latest exhibits at the Nicolaysen Art Museum.

  3. National Historic Trails Interpretive Center - This center offers interactive exhibits and programs that highlight the pioneering history of Wyoming, focusing on the Oregon, Mormon, California, and Pony Express Trails. Additional details are available on their official site.

  4. Fort Caspar Museum - This historic site and museum provide insights into the military history and pioneer life during the 19th century. Visitors can explore original furnishings and artifacts recovered from the era. Learn more at the Fort Caspar Museum website.

  5. David Street Station - A hub for community events, concerts, and markets, David Street Station is a focal point for downtown Casper, promoting community engagement and activities. Visit the David Street Station website for event schedules and more information.

The city's blend of outdoor activities, cultural experiences, and historical sites, combined with its moderate population, makes Casper a welcoming place for short-term visitors. The proximity to Cheyenne and the abundance of local attractions add to its appeal for those seeking a mix of adventure, history, and community engagement.

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