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MarketsWyomingJacksonRental Property Investment Guide

Rental Property Investment Guide: Jackson, WY

Updated 2026 · Based on median market data for Jackson, WY

Cap Rate
1.57%
Median Price
$1.4M
Rent/Mo
$3,620
1% Rule
0.26%
Fails

Market Snapshot

Jackson sits in the West with a population of 50,000 growing at 0.8% annually. The median home costs $1,380,000 while rents average $3,620/mo, producing an estimated cap rate of 1.57%. Cash flow investing here requires creative strategies like BRRRR or value-add approaches.

Who Should Invest Here

Jackson works best for experienced investors with a clear strategy — Section 8, student housing, or deep value-add rehabs. The 1.57% cap rate at median prices is tight, so success depends on buying below market, forcing appreciation through renovation, or accessing above-market rent streams through niche tenant bases.

Deal Criteria for Jackson

Target properties priced 15-25% below the $1,380,000 median — around $1,104,000 or less. At this price point with $3,620/mo rents, your cap rate improves to roughly 2.3%. Factor in 0.61% property taxes ($8,418/yr), budget 5% of gross rent for maintenance, and underwrite to a 5.2% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $8,143.

Risks and Considerations

Higher price points mean more capital at risk and tighter cash flow margins — ensure you have adequate reserves. Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.

Next Steps

Run the numbers on a specific Jackson property using our cap rate calculator (pre-filled with Jackson data). Compare Jackson against similar markets in the West region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.

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How Jackson Compares

Jackson vs Wyoming state average and national average across key investment metrics. Jackson's cap rate is below both benchmarks — deal sourcing is critical here.

Metric
Jackson
Wyoming Avg
National Avg
Cap Rate
1.57%
2.65%
3.81%
Median Price
$1.4M
$477K
$333K
Median Rent
$3,620
$1,560
$1,524
Property Tax
0.61%
0.61%
1.08%
Vacancy
5.2%
5.2%
5.6%
Pop. Growth
0.8%/yr
0.8%/yr
0.9%/yr

Nearby West Markets

City
Cap Rate
Price
Rent
Tax
Jackson, WY
1.6%
$1.4M
$3,620
0.61%
Edwards, CO
1.9%
$1.3M
$3,630
0.51%
San Jose, CA
0.9%
$1.6M
$3,430
0.75%
Heber, UT
1.4%
$1.1M
$2,710
0.57%
Santa Cruz, CA
1.9%
$1.1M
$3,360
0.75%

Frequently Asked Questions

Is Jackson, WY a good place to invest in rental property?
Jackson has an estimated cap rate of 1.57%, which is below the national average of 3.81%. With median home prices at $1.4M and rents of $3,620/mo, pure cash flow investing in Jackson is challenging at median prices, but value-add strategies can work. Population growth of 0.8% and 5.2% vacancy rate indicate healthy tenant demand.
What is the average cap rate in Jackson?
The estimated cap rate for Jackson is 1.57%, based on median home prices of $1.4M, median rents of $3,620/mo, a 0.61% property tax rate, and 5.2% vacancy. This compares to a 2.65% average across Wyoming and 3.81% nationally. Cap rates for individual properties will vary based on purchase price, actual rents, and property condition.
How much does a rental property cost in Jackson?
The median home price in Jackson is $1,380,000, which is 314% above the national average of $333,419. A 20% down payment would be approximately $276,000. Investment properties in Jackson range significantly — targeting properties 15-25% below median can improve your cap rate substantially.
What are Jackson property taxes for investors?
Jackson's effective property tax rate is 0.61%, which is above the Wyoming average of 0.61% and below the national average of 1.08%. On a $1.4M property, annual taxes are approximately $8,418 ($702/mo). Low property taxes are a significant cash flow advantage here.
Full Jackson Analysis →Cap Rate CalculatorBRRRR Calculator

Explore Jackson & Related Markets

More Jackson Guides

Rent AnalysisProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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