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These days, finding an affordable place to live in the Alcova area can be challenging. Home prices in Alcova are now at a median cost of $475,101, higher than the Wyoming average of $376,641.
The average cost of rent is $1,225/mo in Alcova, primarily driven by the current value of real estate in the Alcova area. In Alcova, 20.36% of households rent, and 55.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alcova is $9,086 per month. Households that rent pay about 13.49% of their income on rent here. Alcova’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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