How much house can I afford on $40,000 in Wyoming?
About $147,000 with 20% down ($117,000 with an FHA loan), using Wyoming's 0.56% property tax rate.
That is $221,949 less than the typical Wyoming home ($369,044), so on $40,000 you'd look at cheaper areas or a smaller home. The payment of $933 covers $792 principal and interest, $68 property tax and $74 insurance.
Counties in Wyoming you can afford on $40,000
On $40,000 the typical home is out of reach in every Wyoming county tracked by Zillow — the cheapest is Niobrara County at $180,693.
Assumes a 30-year fixed loan at 7.11%, property tax of 0.56% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in Wyoming
Frequently asked questions
How much house can I afford on $40,000 in Wyoming?
About $147,000 with 20% down at 7.11%, keeping the payment (with Wyoming's 0.56% property tax and insurance) under $933 a month.
Is $40,000 enough to buy a house in Wyoming?
Not the typical home: the typical Wyoming home is worth $369,044 (Zillow, September 2026) and $40,000 supports about $147,000. 0 of 23 counties are within budget.