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Affordable
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These days, finding an affordable place to live in the Torrington area can be challenging. Home prices in Torrington are now at a median cost of $251,200, lower than the Wyoming average of $376,641.
The average cost of rent is $761/mo in Torrington, primarily driven by the current value of real estate in the Torrington area. In Torrington, 31.15% of households rent, and 44.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Torrington is $5,019 per month. Households that rent pay about 15.15% of their income on rent here. Torrington’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Torrington, WY: higher priced homes
- Huntley, WY: less expensive homes
- Lingle, WY: less expensive homes
- Henry, NE: less expensive homes
- Yoder, WY: equally priced homes
- Veteran, WY: higher priced homes
- Rockeagle, WY: equally priced homes
- Morrill, NE: less expensive homes
- Lyman, NE: less expensive homes
- Stegall, NE: less expensive homes
Cities with Similar Populations
- Wynantskill, NY: higher priced homes
- Iuka, MS: less expensive homes
- Jamison, PA: higher priced homes
- Jarrettsville, MD: higher priced homes
- Jasper, FL: less expensive homes
- Jemison, AL: less expensive homes
- Jena, LA: less expensive homes
- Jersey Village, TX: higher priced homes
- Jim Thorpe, PA: equally priced homes
- Joelton, TN: higher priced homes
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